Bell Aquaculture to Open New Mill in Albany, Indiana, in Spring of 2014

REDKEY, Ind., Feb. 27, 2014 /PRNewswire/ — Bell Aquaculture announced today
plans to open a feed mill to supply feed for the local and national aquaculture
industry. The new mill, located at Bell Farms in Albany, Indiana, will be the
first of its kind to locally produce feed to service the aquaculture industry on
a mass scale using local Indiana ingredients.

Scott Nelson of Integral Fish Foods, recently purchased by Bell, will be the
head of operations for the mill. Scott brings 30 years of experience in fish
feed production, and will provide Bell with the expertise to produce feeds
specific to fish species and key periods in the life cycle of the fish.

The mill is expected to begin production this April with a production capacity
of 2.2 million pounds per month, sourcing 50-60% of ingredients locally. “Our
mill will benefit the county and the state by providing jobs and increasing
demand for locally produced soybeans and grains, while also providing feed to
support the growing local aquaculture industry, ” said Norman McCowan, President
& CEO of Bell Aquaculture.

The mill is expected to generate up to 25 new jobs over the next 36 months,
while reducing the need for local aquaculture industry to source feed from
remote locations, thereby completing a cycle of sustainable aquaculture for
local supply and demand.

When asked how the mill would affect local soybean farmers, ISA President Dave
Lowe commented, “The opportunity for aquaculture is immense. We have needed this
mill in Indiana to have the ability to source feed locally for quite some time.
There are thousands of tons of ingredients for feed within a very short distance
of Bell. It is time that the general population, counties and state benefit from
the tax base and revenue stream that this mill will provide.”

About Bell Aquaculture
In 2005, Bell Aquaculture was founded in Redkey, IN as a solution to a problem –
the fish in Lake Michigan were contaminated. Bell has invested $20+ million in
an aquaculture research and development center and built a
state-of-the-aquaculture facility located in rural Indiana, USA to provide a
toxin-free supply of fish to meet the demand. Bell offers trout, salmon, perch,
feed and fertilizers that are derived from fish to contribute to the life cycle
of humans and fish – part of our broader philosophy to use all that is available
to us to benefit to humanity and our planet.

SOURCE Bell Aquaculture

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