Liquor Industry

Dick DeVos Enters The Liquor Industry With Coppercraft Distillery

The Coppercraft Distillery has been in place in the Holland Township since 2010, and has recently been at the center of a major investment by AmWay executive Dick DeVos  http://www.mlive.com/news/grand-rapids/index.ssf/2010/09/amway_heir_dick_and_betsy_devo.html. MLive reports the buyout of the distillery appears to be moving ahead after the initial application to have the liquor license transferred to the DeVos owned Windquest Group was approved; a final decision on the liquor license will be left with state authorities who are not thought to oppose the purchase by Dick DeVos.

Over the course of his career Dick DeVos has developed a strong business sense, which began with him taking control of the international business sector of the AmWay company, Wikipedia explains. Taking control of this area of business in the mid 1980s saw DeVos become a major influence on the business as a whole, which was shown in the growth of international business from just five percent of the overall business to 50 percent by the mid 1990s. Learn more about Dick’s career by connecting with him on LinkedIn or get to know him better personally by following his Facebook for friendly posts like the one below.

Congratulations to all the local residents and businesses who work hard to make West Michigan an incredible place to live, work, and visit!

Posted by Dick DeVos on Tuesday, January 26, 2016

Dick DeVos has continued to be an important figure in the development and growth of the AmWay group, but has often spent a lot of time developing the philanthropic foundation he established with wife, Betsy. The Dick and Betsy DeVos Foundation is well known around the U.S. for the many donations the group has made for the arts, which has become an important group supplying funds for major arts based charities. The Kennedy Center for the Arts has been one of the major beneficiaries of the donations made by Dick at a national and global level.

There are many reasons for Dick DeVos to use his wealth to invest in a local business within Michigan, but this is an extension of the investment in the alcohol industry already made in wine production by Windquest Holdings. The plans already discussed by Coppercraft Distillery founder Walter Catton III include an expansion of production to include an even larger number of liquor drinks and a planned craft brewery installation. Promoting local business has always been important to Dick DeVos and the planned development of the Coppercraft Distillery will continue the tradition of improving the economy through local investment by Dick DeVos.