Amway invests $20 million to build second manufacturing site in Vietnam
New facility part of more than $375 million in planned manufacturing and R&D expansion
ADA, Mich., May 7, 2013 /PRNewswire/ -- Amway is investing $20 million to build a second manufacturing plant in Vietnam as part of its global manufacturing expansion designed to meet growing global product demand.
(Logo: http://photos.prnewswire.com/prnh/20110314/DE64745LOGO-a)
Scheduled for completion in 2015, the new facility in Binh Duong will produce the company's top-selling NUTRILITE™ brand of vitamin, mineral and dietary supplements, as well as personal care products. The existing Vietnam manufacturing site for Amway is located in the province of Dong Nai.
Based in Ho Chi Minh, Amway Vietnam celebrated five years of operation in 2013.
Amway plans $375 million in global manufacturing and R&D expansion in Vietnam, China and India as well as four U.S. operations for manufacturing and processing NUTRILITE vitamins and supplements. New research and development facilities, and pilot laboratories, are under construction in Buena Park, California. In addition, a $10 million botanical research and experience center in Wuxi, China, will help integrate scientific knowledge used in product development with the historic use of traditional Asian plants.
Read more about Amway global investments in manufacturing and R&D here:
About Amway
Alticor / Amway is the world's #1 direct selling business, ranked by 2012 global sales of $11.3 billion in the Direct Selling News Global 100, and based on the efforts of more than 3 million Amway distributors and more than 21,000 employees in more than 100 countries and territories worldwide. Founded in 1959 by entrepreneurs Rich DeVos and Jay Van Andel, and based in Ada, Michigan, U.S., Amway offers consumer products and business opportunities that supported by a global agribusiness, manufacturing and logistics supply chain. More than 900 scientists, engineers and technical professionals work in 75 R&D and quality assurance labs worldwide to support product development and create a culture of scientific excellence. Top-selling brands for Amway are NUTRILITE™ vitamin, mineral and dietary supplements, ARTISTRY™ skincare and colour cosmetics, and eSpring™ water treatment systems. For company news, visit globalnews.amway.com.
SOURCE Amway
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article