From Vietnam refugee to Canada's 'Cashew King'

Among consumers who purchase nuts, dried fruit snacks and spices, the brand Dan-D Pak is well known. Dan-D Foods Group Global, a leading brand of packaged snack foods, sells its products in supermarkets and grocery stores across Canada and in more than 20 countries. Lesser known is the fact the comp...

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Bibliographic Details
Published in:Business in Vancouver 2024-04 (1800), p.22
Main Author: Xiong, Daisy
Format: Article
Language:English
Subjects:
Business growth
Entrepreneurs
Retailing industry
Success factors
Online Access:Get full text
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Summary:Among consumers who purchase nuts, dried fruit snacks and spices, the brand Dan-D Pak is well known. Dan-D Foods Group Global, a leading brand of packaged snack foods, sells its products in supermarkets and grocery stores across Canada and in more than 20 countries. Lesser known is the fact the company is based in Richmond, and built from humble beginnings in 1989 by Dan On, who came to Canada at age 18 as a war refugee from Vietnam. Now, the company reports more than US$200 million in annual revenue, employs around 800 workers in six countries, including at its 646,000-square-foot flagship factory in Vietnam, and exports more than 2,000 products worldwide. The turning point for his business took place in 1995 when On and George embarked on a trip to Vietnam and saw people selling cashews on the street for as cheap as $2 per pound. On attributes a big part of his business success to his partnership in Vietnam, where he operates his flagship factory with around 600 employees. He described the factory as having world-leading cutting-edge technologies and operational models.
ISSN:0849-5017