Omega Protein Corp.

Sector: Animal And Marine Fats And Oils Region: TX, United States

Exchange/Ticker: New York Stock Exchange: OME

Company Description

Omega Protein Corp. is a nutritional ingredient company, which produces Omega-3 fish oil and specialty fish meal products. The company produces and markets a variety of products produced from menhaden including regular grade and value-added specialty fish meals, crude and refined fish oils, and fish solubles. Its fish meal products are primarily used as a protein ingredient in animal feed for swine, aquaculture and household pets. Its fish oil is utilized primarily for animal and aquaculture feeds, additives to human food products and as dietary supplements. The firm's fish solubles are sold primarily to livestock feed manufacturers, aquaculture feed manufacturers and for use as an organic fertilizer. It operates through four primary subsidiaries: Omega Protein, Inc., Omega Shipyard, Inc., Cyvex Nutrition, Inc. and InCon Processing, L.L.C. The Omega Protein, company's principal operating subsidiary, operates in the menhaden harvesting and processing business. The Omega Shipyard owns and operates a drydock facility to provide shoreside maintenance for company's fishing fleet. The Cyvex Nutrition is an ingredient provider in the nutraceutical industry. The InCon Processing is a specialty toll processor that utilizes molecular distillation technology to concentrate a variety of compound products, including Omega-3 fish oils. Omega Protein was founded by John A. Haynie and Thomas Haynie in 1878 and is headquartered in Houston, TX.

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