February 13, 2013
Amway: A Global Force
Almost as extraordinary as Amway’s record $11.3 billion total revenue for 2012 is the fact that 90 percent of that business originated outside North America. Amway reported growth in each of its top 10 markets, which include: China, India, Japan, Korea, Malaysia, Russia, Taiwan, Thailand, Ukraine and the United States. The company’s tireless advance into diverse markets brought about its seventh straight year of growth, notwithstanding the formidable economic downturn of 2008.
Amway has 21,000 employees around the globe, including 4,000 at the company’s Ada, Mich. headquarters. President Doug DeVos and Chairman Steve Van Andel have no intention of resting on their laurels. Amway has already announced plans to invest over $335 million in manufacturing and R&D, including new facilities in the U.S., India, China and Vietnam.
Read the full story on Amway’s globetrotting here.