Algatech Opens New US Subsidiary
Algatech has opened Algatech Inc., a New York city based subsidiary to serve its customers in North America. The company’s expansion into the US will accelerate the development of growing AstaPure astaxanthin market in North America.
Algatech Inc.’s responsibilities will include the US, Canada and Mexico. Gary Brenner, who was responsible for Algatech’s business development in the NAFTA markets since 2010, will lead the algal protein development project as part of the European Institute of Innovation and Technology consortium (EIT Food).
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