Alticor
“helping people live better lives”
|
|
| Private | |
| Industry | Holding: Consumer Products, Multi Level Marketing, Hotel |
| Founded | 1959 as Ja-Ri Corporation 1963 as Amway Corporation
2000 as Alticor Inc [1] |
| Headquarters | Ada, Michigan, USA |
|
Area served
|
Worldwide |
|
Key people
|
Steve Van Andel (Chairman) Doug DeVos (President) [2] |
| Products | Cleaning, Health and Beauty, Wellness |
| Services | MLM services, logistics |
| Revenue |  US$ 9.2 billion (2010)[3] |
| Owner | DeVos Van Andel families |
|
Number of employees
|
13,000[4] |
| Subsidiaries | Amway Amway Global Gurwitch Products |
| Website | Alticor.com |
Alticor is a privately held corporation, owned and run by members of the DeVos and Van Andel families.[5] It was established in 1999 to serve as the parent company for a handful of business ventures, most notably the direct selling company Amway and Amway Global, and a manufacturing and distribution company, Access Business Group.[6][7] In 2006, Alticor purchased Gurwitch Products from Neiman Marcus Group Inc., an investment firm and Gurwitch Product CEO Janet Gurwitch.[8]
Alticor Corporate Enterprises
Founded in 2006, Alticor Corporate Enterprises is a subsidiary holding corporation of Alticor's non-direct selling companies: Amway Hotel Corporation, Gurwitch Products, Interleukin Genetics and Fulton Innovation.[9] Pyxis Innovations Inc., formed in 2000, purchase ownership in Interleukin Genetics and is a wholly owned subsidiary of Alticor Inc.[10]
Amway Hotel Corporation
Alticor subsidiary Amway Hotel Corporation owns the Amway Grand Plaza Hotel in downtown Grand Rapids, Michigan, which opened in 1913 as the Pantlind Hotel. It was purchased, refurbished, expanded, and renamed in 1981. The company owns and operates the Courtyard by Marriott in Plaza Towers.
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
