Amway http://michiganradio.org en Construction on new Amway facility underway in West Michigan http://michiganradio.org/post/construction-new-amway-facility-underway-west-michigan <p>With $1.6 million in incentives from the Michigan Economic Development Corporation, and an Ada Township tax abatement for 12 years, construction is officially underway for an Amway manufacturing and warehouse facility.</p><p>More from an <a href="http://news.amway.com/2013-05-29-Amway-begins-construction-of-81-million-Michigan-facility-for-NUTRILITE-vitamins-and-dietary-supplements-signals-newest-phase-of-375-million-global-manufacturing-expansion">Amway press release</a>:</p><blockquote><p>Amway today marked the official start of construction at an $81 million manufacturing and warehouse facility near the company's world headquarters in Ada, Michigan, U.S.&nbsp;The 317,000-square-foot facility at 5101 Spaulding Avenue will house select manufacturing operations for NUTRILITE™ vitamins, minerals and dietary supplements, sold exclusively by Amway distributors.</p></blockquote><p>The company says 200 new jobs will be created over the next three years with the expansion. The plant is expected to be operational next year.</p><p>The company is also expanding facilities in other parts of the U.S., India, China, and Vietnam. Wed, 29 May 2013 15:48:45 +0000 Mark Brush 12786 at http://michiganradio.org Construction on new Amway facility underway in West Michigan DeVos investment fund puts $2.3 million into more than 100 ideas http://michiganradio.org/post/devos-investment-fund-puts-23-million-more-100-ideas <p>A venture capital fund backed by the DeVos family has invested $2.3 million dollars in start-up companies in the past year. The money went to 106 different ideas or projects.</p><p>The fund is called Start Garden. It was <a href="http://www.michiganradio.org/post/start-garden-use-15-million-grow-ideas-businesses">created nearly a year ago</a> by Amway co-founder Richard DeVos’ grandson <a href="http://www.michiganradio.org/post/5000-good-ideas-grand-rapids">Rick DeVos, who’s also an entrepreneur </a>(and founder of <a href="http://www.michiganradio.org/term/artprize">ArtPrize</a>). He gave an update on the fund this morning.</p><p> Thu, 18 Apr 2013 15:44:53 +0000 Lindsey Smith 12199 at http://michiganradio.org DeVos investment fund puts $2.3 million into more than 100 ideas Amway touts record $11.3 billion sales in 2012 http://michiganradio.org/post/amway-touts-record-113-billion-sales-2012 <p>Alticor, the parent company of Amway, <a href="http://news.amway.com/2013-02-07-Amway-parent-company-reports-record-2012-sales-of-USD-11.3-billion">announced record sales of more than $11 billion today.</a> This is the seventh consecutive year of growth at the company, one of the world’s largest direct selling businesses.</p><p>More than three million individual distributors sell Amway products, everything from shampoos to vitamins and cosmetics. They hawk the company’s wares in more than a hundred countries.</p> Thu, 07 Feb 2013 18:27:19 +0000 Lindsey Smith 11134 at http://michiganradio.org Amway touts record $11.3 billion sales in 2012 Amway to build new facility, add jobs, in Michigan http://michiganradio.org/post/amway-build-new-facility-add-jobs-michigan <p>Amway plans to spend up to $81 million to build a new facility in West Michigan.</p><p>The direct-sales company says it received a $1.6 million grant from the Michigan Economic Development Corporation for the project. The new facility will manufacture and process vitamins and supplements for Amway&#39;s Nutrilite brand.</p><p>From their <a href="http://www.marketwatch.com/story/amway-investing-nearly-180-million-in-us-manufacturing-expansion-to-meet-global-demand-for-nutrilitetm-brand-vitamin-and-dietary-supplements-2012-05-23">press release</a>:</p><blockquote><p>This investment includes a new $81 million nutrition plant at the company&#39;s Spaulding Avenue site in Ada, Michigan, near Amway World Headquarters. The new plant is expected to create 200 jobs over the next three years.</p><p>The Michigan Economic Development Corporation (MEDC) today approved a $1.6 million Michigan Business Development Program incentive from the Michigan Strategic Fund (MSF) to support construction of this nutrition products manufacturing facility for Access Business Group LLC, an affiliate of Amway.</p></blockquote><p>Amway says it employs 4,000 people in Michigan. Amway was started in 1959 by Rich DeVos and Jay Van Andel. Thu, 24 May 2012 17:11:08 +0000 Mark Brush 7602 at http://michiganradio.org Amway to build new facility, add jobs, in Michigan Cindy Van Andel, wife of Amway Chairman, dies at age 57 http://michiganradio.org/post/cindy-van-andel-wife-amway-chairman-dies-age-57 <p>Amway Chairman Steve Van Andel issued a brief statement Saturday night:</p><blockquote><p>&quot;I am saddened by the loss of my loving wife Cindy Van Andel. She passed away Friday evening after a brief illness. Cindy has been my friend, confidant and partner for almost 33 years of marriage. She was a warm and caring person who could light up an entire room just by her smile. Her heart went out to all she met and she will be greatly missed.&quot; Sun, 27 Nov 2011 02:41:46 +0000 Lindsey Smith 5144 at http://michiganradio.org Cindy Van Andel, wife of Amway Chairman, dies at age 57