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Omega Protein Corporation

 
Hoover's Company Profiles:

Omega Protein Corporation

(NYSE:OME)
Contact Information
Omega Protein Corporation
2101 City West Blvd., Bldg. 3, Ste. 500
Houston, TX 77042
TX Tel. 713-623-0060
Toll Free 800-345-8805
Fax 713-940-6122

Type: Public
On the web: http://www.omegaproteininc.com
Employees: 493
Employee growth: (2.0%)

Omega Protein is the alpha dog of the fish-meal industry. With a handful of US processing plants, a fleet of about 50 fishing vessels, and some 30 spotter aircraft, the company is the largest US producer of fish meal and fish oil, both of which are derived from menhaden (an inedible fish caught in the Gulf of Mexico and along the East Coast). Animal-feed makers and livestock ranchers use Omega Protein's fish meal for protein additives in feed, while the fish oil is used in Europe in margarine and shortening and for industrial uses. Rich in Omega-3 fatty acids (reputed to provide health benefits), fish oil is also used as a human food supplement.

Key numbers for fiscal year ending December, 2010:
Sales: $167.7M
One year growth: 1.7%
Net income: $18.3M

Officers:
Chairman, President, and CEO: Joseph L. von Rosenberg III
SVP Operations: Joseph E. Kadi
EVP and CFO: Bret Scholtes

Competitors:
American Seafoods
ADM
Cargill

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