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Home > Company Index > Retail > Drug, Health & Beauty Product Retailing > Alticor Inc.

Alticor Inc.
 NEWS FROM THE STANDARD
The Education of Tim Draper
Oct 09 2000 12:00 AM PDT

 PROFILE
At the core of Alticor, there is Amway. Alticor was formed in 2000 as a holding company for four businesses: direct-selling giant Amway, Web-based sales firm Quixtar, Pyxis Innovations (corporate development for Alticor and affiliates), and Access Business Network (manufacturing, logistics services). Access Business' biggest customers are Amway and Quixtar, but Access also serves outsiders. Amway, which accounts for the bulk of Alticor's revenues, sells more than 450 different products through three million independent distributors. Quixtar sells Amway and other products online. Alticor is owned by Amway founders the DeVos and Van Andel families.

 COMPETITION
Avon Products, Inc. (AVP)
CCL Industries Inc. (CCQB)
PFSweb, Inc. (PFSW)

 FINANCIAL OVERVIEW
Fiscal Year-End: August
2000 Sales (mil.): 5,100.00
1-Yr. Sales Growth: (15.0)%
Employees: 10,000
Revenue per employee: $510,000.00

 KEY PEOPLE
• Dick DeVos
    CEO
• Lynn Lyall
    CFO

 CONTACT INFO
7575 Fulton St. East
Ada, MI 49355
US
Phone: 616-787-1000
Fax: 616-682-4000
Online: Web Site

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