Amway Invests $80.95 Million In A New Michigan Plant, expecting to create 200 jobs
05/24/2012
"Amway, with more than 4,000 employees currently in Michigan, is a major employer in our state and its decision to expand here says much about our improved business climate," said Michael A. Finney, Michigan Economic Development Corporation President and Chief Executive Officer. "Amway's continued commitment sends a message that will be heard around the world that Michigan's highly competitive business climate and tremendous workforce capabilities mean real opportunities for leading edge businesses."
Workers at the proposed manufacturing plant will produce tablets and softgel capsules, resulting in the creation of 200 new jobs, Finney explained.
"Nutrilite is integral to the future of Amway as the world's number one selling vitamin and supplement brand," said Amway Chairman Steve Van Andel and President Doug DeVos in a joint statement. "By bringing a second nutrition product manufacturing plant to our home market of Michigan, we are helping our distributors meet the growing customer demand for our Nutrilite products. We are pleased to work in partnership with the MEDC and The Right Place in bringing this investment to West Michigan. This type of collaboration is critical in driving long-term business growth across the state."
As part of a package of incentives, Amway was approved for a $1.6 million Michigan Business Development Program grant. In addition, Ada Township is supporting the project with a 12-year tax abatement. The Michigan Business Development Program provides grants, loans and other economic assistance to qualified businesses that make investments or create jobs in Michigan, with preference given to businesses that need additional assistance for deal-closing and for second stage gap financing.
"Amway's investment is very encouraging to The Right Place, and to the region as well, as this announcement demonstrates that manufacturing remains strong and growing in West Michigan," said Birgit Klohs, President and CEO, The Right Place, Inc, an organization advancing economic development in western Michigan. "We applaud Amway for expanding Nutrilite brand operations and workforce in its hometown. We are pleased to see 200 new Amway jobs to the region."
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