KMXT: Sun'aq Tribe doing better than expected with business

Tuesday, March 27, 2012  

"Business is going better than expected for Kodiak's Sun'aq Tribe. After two years of steadily increasing sales for its fish processing and distribution business Kodiak Wildsource, Program Services Director Frank Peterson Jr. says the tribe expects profitability ahead of schedule.

"We're seeing far better numbers than we'd anticipated. Our plan that we'd written for the grant from the Administration for Native Americans didn't show us being profitable until year four and we're in year two and we're hoping that we can beat that by about a year, so year three."

Peterson says a recent trip to the Boston Seafood Show helped them visualize where they want to take their business next. The trip rounded out an 18-month training program with the Alaska Seafood Processor Leadership Institute, which is part of the University of Alaska Fairbanks' Marine Advisory Program. Peterson says they're also making use of the U.S. Department of Agriculture's American Indian Food program. The program's goal is to help American Indian owned businesses export to global markets. "

Get the Story:
Local Tribal Business Looks to Global Markets (KMXT 3/27)