Amway

Economy
11:48 am
Wed May 29, 2013

Construction on new Amway facility underway in West Michigan

An Amway conveyor belt.
Amway

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.

More from an Amway press release:

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. 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.

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.

The company is also expanding facilities in other parts of the U.S., India, China, and Vietnam.

Business
11:44 am
Thu April 18, 2013

DeVos investment fund puts $2.3 million into more than 100 ideas

Rick DeVos announced Start Garden in April 2012.
Lindsey Smith Michigan Radio

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.

The fund is called Start Garden. It was created nearly a year ago by Amway co-founder Richard DeVos’ grandson Rick DeVos, who’s also an entrepreneur (and founder of ArtPrize). He gave an update on the fund this morning.

Read more
Business
1:27 pm
Thu February 7, 2013

Amway touts record $11.3 billion sales in 2012

Amway is based in Ada, Michigan, near Grand Rapids.
amyway.com

Alticor, the parent company of Amway, announced record sales of more than $11 billion today. This is the seventh consecutive year of growth at the company, one of the world’s largest direct selling businesses.

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.

Read more
Business
1:11 pm
Thu May 24, 2012

Amway to build new facility, add jobs, in Michigan

Headquarters of Amway in Ada, Michigan
amyway.com

Amway plans to spend up to $81 million to build a new facility in West Michigan.

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's Nutrilite brand.

From their press release:

This investment includes a new $81 million nutrition plant at the company'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.

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.

Amway says it employs 4,000 people in Michigan. Amway was started in 1959 by Rich DeVos and Jay Van Andel.

Arts/Culture
9:41 pm
Sat November 26, 2011

Cindy Van Andel, wife of Amway Chairman, dies at age 57

Amway Chairman Steve Van Andel, and his wife Cindy at Davenport University's Excellence in Business Awards in 2010.
Davenportweb / Creative Commons Davenport University

Amway Chairman Steve Van Andel issued a brief statement Saturday night:

"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."

Read more