How Goya Became One Of America’s Fastest-Growing Food Companies


Source: Forbes

The fraying magazines and gurgling fish tank front an accelerating enterprise with numbers that would make any startup smile. Though Goya has been serving Latinos in the U.S. for 77 years, President and CEO Bob Unanue had the simple but powerful idea a couple years ago to market key products–adobo seasoning, low-sodium beans and yellow rice–directly to non-Hispanics.

The result? After nearing the $1 billion sales mark in 2010, Goya’s revenues hit $1.3 billion in 2012, sources say, making it one of the fastest-growing food companies in the U.S. “We like to say we don’t market to Latinos, we market as Latinos,” says Unanue, who acknowledges the success but won’t discuss the numbers.

Story length: 666 words

Access the full story here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s