iFresh Announces Exclusive Agreement with Sunray Venus
iFresh Inc. (IFMK)
US:NASDAQ Investor Relations:
investors.ifreshmarket.com/investor-relations
Company Research
Source: GlobeNewswire
NEW YORK, Jan. 03, 2018 (GLOBE NEWSWIRE) -- iFresh Inc. (NASDAQ:IFMK) ("iFresh" or the "Company"), a leading Asian American grocery supermarket chain and online grocer, announced today that it has entered into an agreement with Sunray Venus, LLC (“Sunray Venus”), a farm with locations in Orlando, FL, that specializes in production of bivalve seeds, bi-valve farming, seafood distribution, and the export of seafood throughout the United States. Bivalves include seafood such as clams, oysters, mussels, and scallops. iFresh will be the exclusive customer of Sunray Venus’ seafood. Sunray Venus operates one hatchery facility, two nursery facilities and has another facility under construction in Florida. The main hatchery facility is located in Stuart with a 4000sq ft building on the Indian River Lagoon. The two nursery facilities are located in Port Salerno and Jupiter, each having about 1000 sq ft, and are used to grow bi-valve seed to larger sizes. The facility under construction will
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