Knowledge (XXG)

Omega Protein

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271:, near its Moss Point, Mississippi facility. Regulators closed areas there to commercial fishing. The company developed additional contingency response plans to move its vessels from Morgan City, Louisiana farther west to its Abbeville and Cameron facilities should regulators close a greater portion of the fishing grounds. Following the spill, Omega Protein filed a claim with the Gulf Coast Claims Facility (GCCF) to be reimbursed for costs and lost profits resulting from the incident. The GCCF administers funds paid by 212:, a project for the certification and promotion of seafood from sustainable fisheries and aquaculture. Omega Protein's operations in both the Gulf and along the Atlantic have been regularly recertified since their first certification, with the Gulf of Mexico fishery most recently being recertified in the fall of 2014. 254:
and the Mississippi Department of Marine Resources in the search for our remaining crew members. Our main concern at this time is for our missing 3 crew members and their families.” The three missing crew members’ bodies were found May 20 and 21. The cause for the collision remains unknown pending a
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For decades Omega Protein has been at the center of controversy over its role in depleting the menhaden populations in the East Coast and in the Chesapeake Bay. The company has been cited for 25 violations of Occupational Safety and Health Administration rules and numerous counts of violation of the
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took on water and sank. At the time of the collision, 16 crew members were aboard Omega Protein’s vessel. Authorities accounted for 13 of Omega Protein’s crew members. A search and rescue effort was immediately deployed for the remaining three crew members. Joseph von Rosenberg, chairman and chief
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On July 28, 2014, an explosion occurred at the company's fish processing plant in Moss Point, Mississippi. Four men were repairing a fish oil storage tank when the top blew off, killing one contract employee and injuring three others. The incident involved employees of a subcontractor who were
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Wisconsin Specialty Protein is a subsidiary of Omega Protein; its Reedsburg, WI facility received the Gold Medal Award in the Green Building category as an Associated Builders and Contractors of Wisconsin 2009 Project of Distinction. and received the Annual Innovation Zone Award from the Dairy
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for violations between May 2008 and December 2010. The company was later sentenced for both violations in United States District Court in Norfolk, VA with 3 years of probation and financial penalties totaling $ 7.5 million. The company has since paid the fines in full and conducted additional
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Clean Water Act. In 2017 the SEC's subpoena for information on a subsidiary's compliance with probation terms and protection for whistle-blowers caused company stocks to plunge 20%.
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Omega Protein was charged with two counts of discharging pollutants and harmful amounts of oil from its Reedville, VA-based fishing vessels into U.S. waters in violation of the
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imposed a limit on Omega's operations, "capping the total annual commercial catch at 170,800 metric tons, about 80 percent of the average harvest from the last three years."
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was a publicly traded US company, founded in 1913 as a fishing operation. As of 2015 it still operated a fishing fleet, and produced
245:, in Mississippi waters approximately eight miles south of Gulfport, Mississippi near Ship Island. As a result of the collision, the 24: 498: 477:
U.S. Department of Justice, “Fish Processing Company, ‘Omega Protein, Inc.’ Sentenced for Environmental Crimes.” June 4, 2013.
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harvested in US waters; the extent of its harvest has been a subject of controversy. In December 2012, in the face of the
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Friend of the Sea, “Omega Protein awarded Friend of the Sea certification for Sustainable Gulf Menhaden” October 13, 2014
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had an adverse effect on Omega Protein's ability to operate in the fishing grounds east of the
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Omega Protein reported that late in the evening on May 18, 2011, an Omega Protein vessel, the
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Gulf Live, “Collision with ship resulted in sinking of Omega Protein's 163-foot Sandy Point”
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Professional Mariner, “Three from menhaden boat killed in collision with containership”
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Friend of the Sea becomes Main Aquaculture Industry Standard for Sustainability in 2008
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in connection with reimbursements for claims caused by the Deepwater Horizon disaster.
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The Huffington Post, “Fishing Restrictions Hurt Louisiana’s Meal and Oil Processors”
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The Record, “Omega Protein is partner in cleanup of Cockrell’s Creek.” Oct. 3, 2013.
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Daily Press, “Omega Protein faces charges of dumping pollutants from fishing boats”
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Houston Business Journal, “Omega Protein files claim against BP for lost profits”
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executive officer at the time of the incident, stated “We are assisting the
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Omega Protein makes good on threat to cut jobs; but it doesn’t have to
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USA Today, “Mississippi fish oil plant explosion kills 1, injures 3”
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Wisconsin Business Development, “Wisconsin Specialty Protein, LLC”
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Friend of the Sea becomes main aquaculture sustainability standard
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completed its acquisition of Omega Protein for $ 22.00 per share.
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In 2008 and 2009 Omega Protein received certification from
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Alison Fairbrother for The Bay Journal. March 31, 2013
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Omega Protein's fishing fleet takes about 90% of the
124: 112: 102: 90: 80: 72: 64: 45: 30: 577:Companies listed on the New York Stock Exchange 455:Isthmus, “Tera Johnson’s big idea: Tera’s Whey” 229:community service to clean regional waterways. 377:Institutional Investor, “Swim With the Fishes” 8: 388:Friend of the Sea Sets Sustainable Standards 16: 189:Atlantic States Marine Fisheries Commission 22: 15: 582:Food and drink companies based in Houston 587:Manufacturing companies based in Houston 299: 297: 293: 204:Industry promotion and certifications 7: 68:Nutritional products manufacturing 14: 263:The oil slick resulting from the 220:2013 Clean Water Act violation 1: 592:Companies established in 1998 307:Page accessed April 29, 2015 216:Business Innovation Center. 265:Deepwater Horizon oil spill 608: 233:2011 collision and Sinking 151:. Their products included 322:Omega Protein Corporation 252:United States Coast Guard 137:Omega Protein Corporation 21: 17:Omega Protein Corporation 406:World Fishing Today.com. 269:Mississippi River Delta 255:lengthy investigation. 423:Retrieved 20 Dec 2008. 408:Retrieved 20 Dec 2008. 393:Retrieved 20 Dec 2008. 305:Omega Protein 2015 10K 284:working on two tanks. 344:(15 December 2009). 195:Environmental record 129:www.omegaprotein.com 145:dietary supplements 104:Number of employees 85:Reedville, Virginia 18: 351:The New York Times 346:"A Fish Oil Story" 259:2010 BP oil spill 210:Friend of the Sea 185:Atlantic menhaden 134: 133: 599: 563: 562: 560:Official website 545: 540: 534: 529: 523: 518: 512: 507: 501: 496: 490: 485: 479: 474: 468: 463: 457: 452: 446: 441: 435: 430: 424: 415: 409: 400: 394: 385: 379: 374: 368: 362: 356: 355: 338: 332: 331: 329: 328: 314: 308: 301: 141:food ingredients 94:$ 308.6 million 26: 19: 607: 606: 602: 601: 600: 598: 597: 596: 567: 566: 558: 557: 554: 549: 548: 541: 537: 530: 526: 519: 515: 508: 504: 497: 493: 486: 482: 475: 471: 464: 460: 453: 449: 442: 438: 431: 427: 416: 412: 401: 397: 386: 382: 375: 371: 363: 359: 342:Greenberg, Paul 340: 339: 335: 326: 324: 316: 315: 311: 302: 295: 290: 281: 261: 247:F/V Sandy Point 239:F/V Sandy Point 235: 226:Clean Water Act 222: 206: 197: 173: 105: 50: 12: 11: 5: 605: 603: 595: 594: 589: 584: 579: 569: 568: 565: 564: 553: 552:External links 550: 547: 546: 535: 524: 513: 502: 491: 480: 469: 458: 447: 436: 425: 410: 395: 380: 369: 357: 333: 309: 303:Omega Protein 292: 291: 289: 286: 280: 279:2014 explosion 277: 260: 257: 234: 231: 221: 218: 205: 202: 196: 193: 172: 169: 132: 131: 126: 122: 121: 116: 110: 109: 106: 103: 100: 99: 92: 88: 87: 82: 78: 77: 74: 70: 69: 66: 62: 61: 51: 46: 43: 42: 32: 28: 27: 13: 10: 9: 6: 4: 3: 2: 604: 593: 590: 588: 585: 583: 580: 578: 575: 574: 572: 561: 556: 555: 551: 544: 539: 536: 533: 528: 525: 522: 517: 514: 511: 506: 503: 500: 495: 492: 489: 484: 481: 478: 473: 470: 467: 462: 459: 456: 451: 448: 445: 440: 437: 434: 429: 426: 422: 419: 414: 411: 407: 404: 399: 396: 392: 391:The FishSite. 389: 384: 381: 378: 373: 370: 367: 361: 358: 353: 352: 347: 343: 337: 334: 323: 319: 313: 310: 306: 300: 298: 294: 287: 285: 278: 276: 274: 270: 266: 258: 256: 253: 248: 244: 240: 232: 230: 227: 219: 217: 213: 211: 203: 201: 194: 192: 190: 186: 182: 178: 170: 168: 166: 162: 158: 154: 150: 146: 142: 138: 130: 127: 123: 120: 117: 115: 111: 107: 101: 97: 93: 89: 86: 83: 79: 75: 71: 67: 63: 59: 55: 52: 49: 44: 40: 36: 33: 29: 25: 20: 538: 527: 516: 505: 494: 483: 472: 461: 450: 439: 428: 420: 413: 405: 398: 390: 383: 372: 360: 349: 336: 325:. Retrieved 321: 312: 282: 262: 246: 243:Eurus London 242: 238: 236: 223: 214: 207: 198: 174: 136: 135: 81:Headquarters 31:Company type 149:animal feed 571:Categories 327:2018-02-03 288:References 171:Activities 165:Cooke Inc. 119:Cooke Inc. 60:(formerly) 37:(formerly 35:Subsidiary 181:depletion 157:fish meal 48:Traded as 421:Aquahoy. 177:menhaden 161:proteins 153:fish oil 65:Industry 125:Website 91:Revenue 73:Founded 56::  187:, the 159:, and 114:Parent 98:(2014) 39:Public 147:and 108:1150 76:1913 54:NYSE 183:of 96:USD 58:OME 573:: 348:. 320:. 296:^ 273:BP 155:, 143:, 354:. 330:. 41:)

Index


Subsidiary
Public
Traded as
NYSE
OME
Reedville, Virginia
USD
Parent
Cooke Inc.
www.omegaprotein.com
food ingredients
dietary supplements
animal feed
fish oil
fish meal
proteins
Cooke Inc.
menhaden
depletion
Atlantic menhaden
Atlantic States Marine Fisheries Commission
Friend of the Sea
Clean Water Act
United States Coast Guard
Deepwater Horizon oil spill
Mississippi River Delta
BP

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