Monthly Archives: February 2016
Dick DeVos Expanding Business Holdings To The Liquor Manufacturing

Following in the family footsteps, Dick and Betsy DeVos are constantly of expanding their Business Empire. Atop their already established chain of businesses, Dick and Betsy now seek to add a liquor company, Coppercraft Distillery, that they are about to acquire from the Holland Township Company. The proprietor of the company, Walter Catton, said that he has been looking for an investor to help expand the business and it seems like he just found one in Windquest Group, Dick DeVos Grand Rapids-based Company.

The Windquest Group is one of the companies owned by Dick and his wife Betsy is a management firm that oversees the administration of the couple’s chain of enterprises. These companies mainly fall under the technological and manufacturing sectors. For instance, one such company under the Windquest banner is the Electrotherm Company that runs the green machine project that converts waste heat from manufacturing companies to electricity. Dick is on record noting that he is only interested in investing in investments that are environmentally sound and economically viable while not just relying on tax incentives.

About Dick DeVos

Dick is a serial entrepreneur whose accomplishments stretch far beyond the West Michigan neighborhood. He started working in the family businesses before moving on and establishing his conglomerate. He began working for the family company, Amway, in various divisions before rising to become its president heading its overall operations in over 18 countries. When his family acquired the Orlando Magic basketball club, he was appointed CEO and President before jumping back to Amway to succeed his father as president of the company. By the time he left the company presidency in 2012, he had transformed the company and solidified its stakes not just in the United States but also in the overseas markets. He is currently the President and CEO of Windquest company. 

Apart from business, Dick is also a widely known philanthropist. He and his wife are regularly donating and funding various charitable organizations in West Michigan. For instance, he has established the West Michigan Aviation Academy, a high school sponsoring bright West Michigan students wishing to further their career in the aviation industry. He has also co-founded the Dick and Betsy DeVos family foundation that donates to charity.
Reference link:
http://dickdevos.com/