Alticor

Infobox Company
name = Alticor, Inc.

type = Private
genre =
foundation = 2000 [cite web |url=http://www.alticor.com/resource-center/company-information/alticortimeline.aspx |title=Alticor Timeline |accessdate=2006-10-09 |format=html |work=Alticor website ]
founder =
location_city = Ada, Michigan
location_country = USA
location =
locations =
area_served = Worldwide
key_people = President Doug DeVos, Chairman Steve Van Andel [cite web |url=http://www.alticor.com/resource-center/leadership/dougdevos.aspx |title=Alticor President, Doug DeVos |accessdate=2008-04-04 |format=html |work=Alticor website ]
industry = Holding: Consumer Products, Multi Level Marketing, Hotel
products = Cleaning, Health and Beauty, Wellness
services = MLM services, logistics
revenue = FY 2007 worldwide sales 7.1 billion USD. [cite web |url=http://www.alticor.com/companies/financial_strength.html |title=company financial subpage |accessdate=2006-10-09 |format=html |work= Alticor Website]
operating_income =
net_income =
assets =
equity =
owner = DeVos and Van Andel families
num_employees = 13,000 [cite web |url=http://www.alticor.com/news/pop_alticor_fact.html |title=fact sheet |accessdate=20082006-10-09 |format=html |work= Alticor Website ]
parent =
divisions =
subsid = Alticor Corporate Enterprises
Amway
Quixtar
Access Business Group
Amway Hotel Corp.
Gurwitch Products
Fulton Innovation
Pyxis Innovations Inc.
slogan = “helping people live better lives”
homepage = [http://www.alticor.com alticor.com]
footnotes =
intl =

Alticor is a privately held corporation, owned and run by members of the DeVos and Van Andel families. [cite news | title = DeVos, Meijer rank among richest ; Amway co-founder is 288th; supercenter founder is 605th | publisher = The Grand Rapids Press | date = 7 March 2008 | page = C1] It was established in 1999 to serve as the parent company for a handful of business ventures, most notably the multi-level marketing companies Amway and Quixtar and a manufacturing and distribution company Access Business Group. [cite news | title = Amway reorganizes, now under new parent company, Alticor | author = James Prichard | publisher = Associated Press | date = 24 October 2000] [cite news | title = Amway reveals new corporate structure | date = 25 October 2000 | publisher = Associated Press] In 2006, Alticor purchased Gurwitch Products from Neiman Marcus Group Inc., a investment firm and Gurwitch Product CEO Janet Gurwitch. [cite news |first=Mary Ann |last=Azevedo |authorlink= |author= |coauthors= |title=Gurwitch Products gets ownership makeover |url=http://houston.bizjournals.com/houston/stories/2006/08/07/story3.html |format=html |work=Houston Business Journal |publisher=American City Business Journals, Inc. |location= |id= |pages= |page= |date=August 4, 2006 |accessdate=2008-04-04 |language= |quote= |archiveurl= |archivedate= ]

Alticor Corporate Enterprises

Founding 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. [cite web |url=http://www.alticor.com/resource-center/releases/alticor-2006-sales.aspx |title=Alticor posts sales of more than $6.3 billion in 2006 |accessdate=2008-04-04 |format=html |work=Alticor Website Press Releases ] Pyxis Innovations Inc., formed in 2000, purchase ownership in Interleukin Genetics and is a wholly-owned subsidiary of Alticor Inc. [cite web |url=http://yahoo.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHTML1?SessionID=yRbNj2bI2EMjXni&ID=4623581 |title=INTERLEUKIN GENETICS, INC. SCHEDULE 13D/A |accessdate=2008-04-04 |format=html |work=SEC records at Edgar ]

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. [cite news | title = Marriott to run downtown hotel ; Alticor's experience with the company at its Plaza Towers hotel made the Marriott Hotels &Resorts brand attractive. | author = Chris Knape | publisher = The Grand Rapids Press | date = 5 October 2004 | page = A1] A third hotel in Grand Rapids under the name JW Marriott Hotels was opened in September 2007. [cite news | title = A class of its own ; JW Marriott opening takes 'high end' to another level | author = Chris Knape | publisher = The Grand Rapids Press | date = 16 September 2007]

References

External links

* [http://www.alticor.com/ Alticor corporate website]
* [http://media.alticorblogs.com/ Alticor Media Blog]
* [http://biz.yahoo.com/ic/40/40031.html Yahoo! - Alticor Inc. Company Profile]