VANCOUVER, CANADA — To meet the growing demand for plant-based foods, Daiya Foods, a subsidiary of Otsuka Pharmaceutical Co., Ltd., is moving to a larger corporate headquarters and production facility in Burnaby, BC, Canada. The move will allow Daiya to expand strategic operations, accelerate innovation and increase the number of new full- and part-time positions, the company said.
Daiya’s new 400,000-square-foot facility will allow for increased distribution, warehousing and administrative offices. The move is part of the company’s goal to generate $1 billion in revenue, Daiya said.
“Today’s consumers are now embracing plant-based foods as a great-tasting option that promotes a healthier lifestyle,” said Terry Tierney, chief executive officer of Daiya. “We are expanding to enable our teams to continue to do the work that will further surprise and delight consumers around the world and accommodate our aggressive hiring growth plans over the next 2-5 years. Our new headquarters represents a long-term investment in the future — not only for the Daiya brand but also for plant-based foods overall. Most importantly, it enables us to continue pioneering our delicious plant-based products for every part of the day and bring the incredible benefits of a plant-forward lifestyle to more people around the globe.”
“Today’s consumers are now embracing plant-based foods as a great-tasting option that promotes a healthier lifestyle.” — Terry Tierney, Daiya Foods
Production at the new facility is expected to begin in the second quarter of 2019, and Daiya estimates all its employees will be relocated to the new location by mid-2020.
Founded in 2008, Daiya Foods produces plant-based foods that are dairy-, gluten- and soy-free, including burritos, non-dairy frozen desserts, pizzas, dressings and pastas. The company’s products may be found in more than 25,000 grocery stores in the United States as well as in Australia, Sweden, Mexico and Hong Kong.