From Deseret News archives:
Huntsman is leading trade mission to China
- Page:
- < Previous
- 1
- 2
- 3
Nu Skin has been selling its products in China since 2003 through some 160 stores and is only the second U.S. company to obtain a direct selling license in China, according to Kara Schneck, the company's senior director of corporate communications.
Last year, Chinese customers accounted for $102 million of the company's $1.2 billion in revenue, Schneck said. Now that direct selling is being introduced in Shanghai and soon, other cities, that is expected to increase.
"About 80 percent of our revenue comes from Asia," Schneck said, including $562 million last year from Japan alone. China may surpass that, she said. "Eventually, we expect that it will become one of our largest markets or our largest market."
Travel expenses
The governor will make a quick stop at what may be the biggest Utah-based operation in China, a Huntsman Chemical Corp. plant in Shanghai. Huntsman, who sold his shares in the family company, said he's going to the plant because his father and brother will be there.
Utah Valley State College will spend about $5,000 to send Val Hale, vice president for institutional advancement and marketing, on the trip. Hale said the campus wants to attract more students from China as well as play a bigger role in the state's economic development.
"This gives us an opportunity to spend a week with some key business leaders from Utah and talk to them about what UVSC can do to be more involved in their businesses and the community as an economic force," Hale said, calling the cost of the trip "well worth it."
E-mail: lisa@desnews.com
- Page:
- < Previous
- 1
- 2
- 3
Comments
- Trapped dog reunited with owner 7:13 p.m.
- Spartans hold on to beat Citadel 7:06 p.m.
- Witness: Mitchell stalked victims 6:57 p.m.
- UTA, union continue contract talks 6:44 p.m.
- Alleged controversy in '07 Jazz game 6:39 p.m.
- U. says it needs campus repairs 6:31 p.m.
- Ranking the bowl games 6:30 p.m.
- $2M error could mean layoffs 6:29 p.m.
- Stranded hikers rescued 6:24 p.m.
- Payson family loses home in fire 6:10 p.m.
- Letters: Liberal because LDS
277 - Y. profs: Beck not all-knowing
256 - TCU to play Boise in Fiesta Bowl
202 - Hate not limited to 1 in-state rivalry
191 - Aggies shoot past Cougars
179 - Cougars going back to Vegas
142 - N.Y. Senate rejects gay marriage
140 - Utah/BYU rivalry can be more civil
129 - Letters: Global warming a lie
129 - George lost in rivalry hatefest
119
For the latest news in the health care debate and how it affects you...
Amazon.com, Target.com, Sears.com, Walmart.com, Kmart.com and...
Keep it clean or go join the Crimson Line!
I think that the TCU and Boise State teams should agree to not play the game....
No, Maxie will not make it. He'll be QBing for Utah since their QB couldn't...
I would hate it if the Jazz end up having a record that warrants only one...
Fewer bees mean fewer plants get pollinated which means less food. What do...
I ask with sincerity, who of you 59 commenting have read Palin's book? Write...
A woman shouldn't have an abortion, because of the right's of the child -...
BYU Fan & BCS Cowards, I agree, they should withdraw to make a point but...
Everybody whines every time we get the invite to the Vegas Bowl, why? Here is...
Louis has inspired me to be passionately involved with the poor both with my...



You can be the first to comment on this story.