Displaying items tagged: Amway Corp
Amway 2022 sales dip on strong U.S. dollar, affiliate sale, withdrawal from Russia
ADA — Direct-selling giant Amway Corp. reported a slight sales decline in 2022 from the prior year, citing the strength of the U.S. dollar, the sale of an affiliated nutritional supplement company and the company’s withdrawal from Russia.
GVSU partners with 5 companies on talent training program
ALLENDALE — Grand Valley State University is partnering with five major West Michigan employers on a new training program that will place students at companies for two years before and after graduation.
New ventures, bankruptcies and batteries: The 10 most-read manufacturing stories of 2022
West Michigan’s manufacturing sector experienced a mix of highs and lows in 2022, as several major ventures plan to bring in billions of dollars in new investments while other companies contended with inflation, supply chain disruptions and labor availability.
Q&A: Amway CEO discusses path to U.S. citizenship, company growth plans
Milind Pant recently completed the next “logical step” in his experience as a global business executive when he, his wife and two sons were approved for U.S. citizenship. For the Amway Corp. CEO who grew up in the Himalayan foothills of India, that journey started about seven years while he was a Yum! Brands executive in Dallas.
WHAT’S IN A NAME? Little known outside of Grand Rapids, Acrisure builds brand awareness with sports naming rights, sponsorship deals
When an unknown fintech firm from Grand Rapids supplanted a hometown company in purchasing the naming rights for the home stadium of the NFL’s Pittsburgh Steelers, it kicked off a wave of miffed reactions from fans and commentators alike.
Family-owned biz retained workers during pandemic, prioritize tax changes, survey finds
A survey this year of hundreds of U.S. family-owned businesses showed that owners prioritized keeping employees on the payroll even as the pandemic disrupted their business and that most regularly give to local charities.
Whirlpool to divest Russian operations
BENTON HARBOR — Appliance maker Whirlpool Corp. is selling off its operations in Russia.
Amway sales rebounded in 2021 following COVID disruption, layoffs
ADA — Sales last year for multi-level marketing heavyweight Amway Corp. increased slightly from 2020, anchored by its popular brand of vitamins, minerals and dietary supplements.
Software firms see spike in demand as pandemic drives more automation
Custom software firms are seeing increased demand for services as the COVID-19 pandemic prompts businesses in virtually all industries to take a hard look at their digital transformation plans.
High school programs give West Michigan students a path to manufacturing careers
As the new class of students arrived at Northview Next this year, they may have noticed some new advanced manufacturing training tools.
Kent County officials want seat ‘at the table’ for GR amphitheater
GRAND RAPIDS — As city officials and private developers structure a property deal to advance plans for a downtown amphitheater, Kent County commissioners are seeking more involvement in a process on which they will ultimately vote.
Amway, Van Andel foundation contribute to India COVID-19 relief efforts
Amway Corp. and the David & Carol Van Andel Family Foundation last week announced a total of $750,000 to support COVID-19 relief efforts in India, where the country is seeing its worst surge yet overtake its health system.
Amway to cut 6% of global workforce, more than 800 jobs at Ada HQ
ADA — Global direct selling giant Amway Corp. is cutting 6 percent of its global workforce or about 900 people, most of whom are based at the company’s world headquarters in Ada, MiBiz has learned.
DeVos-backed PE fund to support Michigan companies
GRAND RAPIDS — A West Michigan capital investment fund that involves the family office for Doug and Maria DeVos wants to make long-term investments across a variety of industries with a goal of preserving and growing local companies and jobs.
MiBiz Growth Report: January 3, 2021
Here is the MiBiz growth report for January 3, 2021.
Business leaders seek COVID-19 response that preserves ‘lives and livelihoods’
Two hundred and forty six days passed between Gov. Gretchen Whitmer’s first stay-at-home order to fight the COVID-19 pandemic and new state restrictions scaling back and closing some businesses.
Amway executive joins Herman Miller board of directors
Office furniture manufacturer Herman Miller Inc. (NASDAQ: MLHR) has voted to add an Amway Corp. executive to its board of directors.
More than 600 GR hotel layoffs coming as county occupancy rebounds
GRAND RAPIDS — Kent County’s hotel occupancy has started to rebound since the early weeks of the COVID-19 pandemic, but a major downtown Grand Rapids hotel operator anticipates only being able to call back half of the 1,200 employees it furloughed in April.
Arsenal of health: Manufacturers shift operations to meet needs during pandemic
Demand for the mobile computer workstations produced by Walker-based health care furniture manufacturer Altus Industries Inc. had already begun to spike as hospitals started setting up quarantine and triage areas in preparation for an influx of COVID-19 patients.
Spectrum Health collecting protective equipment to sustain supply
GRAND RAPIDS — Spectrum Health is seeking items like face masks and hand sanitizer in light of a national shortage of personal protective equipment for hospital workers and patients due to the COVID-19 pandemic.
Amway sales dip 5 percent in 2019
ADA — Direct-selling giant Amway Corp. generated $8.4 billion in sales for 2019, down 5 percent from 2018, according to an announcement today.
Amway local layoffs continue, 50 more positions cut
ADA — Global direct-selling giant Amway Corp. is eliminating approximately 50 marketing and R&D positions in West Michigan in the final wave of local layoffs that began in 2018.
West Michigan manufacturers brace for disruptions from Chinese Coronavirus outbreak
A tooling engineer from Grand Rapids-based Tier-1 supplier ADAC Automotive was traveling in the Wuhan area of China when the Coronavirus public health crisis broke in late January.
Ada gains steam with new businesses
ADA — After observing the revitalization of the Ada Village Business District, outdoor retailer Bill & Paul’s Sporthaus is expanding in the suburban community with a new 3,669-square-foot store.
Amway sues unauthorized eBay seller for trademark infringement
ADA — Amway Corp. and parent company Alticor Inc. recently filed a trademark infringement lawsuit against an eBay Inc. seller based in Brooklyn, N.Y.
Amway cuts 47 positions, more layoffs to come
ADA — Global direct-selling giant Amway Corp. has eliminated 47 information technology positions in another round of cuts to its workforce, the company confirmed to MiBiz.
Ex-Amway exec acquires 3 West Michigan Herman Miller dealerships
After a 40-year career at direct-selling giant Amway Corp., former Vice Chairman Bill Payne wanted to find a way to stay involved in the West Michigan business community.
Johnson Center initiative to identify, share best practices for board development
GRAND RAPIDS — The ability of many nonprofits to successfully meet their missions can be directly tied to those who sit on their boards.
Lady Americana Midwest maintains king-sized share of regional hotel mattress market
GRAND RAPIDS — Nearly every guest who spends the night at a hotel room in downtown Grand Rapids sleeps on the same mattress.
Orion Real Estate Solutions to develop 54-room boutique hotel in Rockford
Orion Real Estate Solutions has signed a letter of intent with the city of Rockford to build a new boutique hotel downtown on city-owned property at 12 S. Main St.