Sign in | Join us  
      
 Popular Searches:diamond,cbn,tuck point blade,cup wheel,saw blade, brown fused alumina
Home -- Information


  Featured Companies
 • Yantai Cct Metal…
 • Dymend Tools Co.,…
 • Henan Boreas New…
 • Yancheng Xiehe Machinery…
 • EKF Industrial Supplies…
 • Ruishi New Material…
 • MORESUPERHARD
 • Henan Banner New…
 • Zhengzhou best synthetic…
 • Zhengzhou Haixu…

 Print  Add to Favorite
Custom your font size:     

World's leading direct-selling company eyes China market


Post Date: 13 Oct 2009    Viewed: 652

Herbalife, one of the world's top five direct-selling companies, is investing in China a lot more aggressively than before to increase the size of its business from its current fourth place to become the largest in the Asia-Pacific region within four years, China Daily reported Saturday.


Michael O. Johnson, chief executive officer of the U.S. personal care and nutritional products maker, made the remark during a three-day China visit to Nanjing, Jiangsu province.


He refused to be specific about numbers, only saying the volume would be "larger" than in previous years.


The company's China investment has amounted to 38 million U.S. dollars so far. The majority, 31.25 million U.S. dollars, went to its Suzhou factory, one of its two manufacturing plants worldwide whose products have been mainly sold in China.


Future investment will be injected into three major areas, including expanding the output capacity of the Suzhou factory to cover a floor area of over 7,000 square meters, setting up a research and development (R&D) unit and establishing a training system.


The Suzhou factory, which will contain not only the manufacturing base but also R&D and training centers, will be the model for all Herbalife's global businesses, said the CEO.


Part of the investment will be used to apply for licenses to conduct business in more regions around China, according to the newspaper.


Superhard Material of China

Superhard Material of China

Abrasives and Grinding Products of China

Abrasives and Grinding Products of China

Coated Abrasives of China

Coated Abrasives of China

Chia International Abrasives & Grinding Exposition

China International Abrasives & Grinding Exposition

Home | About Us | Members | Contact | Advertising Quotation
Supported by Yuanfa Information Technology co.,Ltd
Copyright ©Abrasivesunion 2006. All rights reserved
Page rendered in 0.0217 seconds
增值电信业务经营许可证:豫B2-20202116  ICP备案:豫B2-20100036-2