Melaleuca crossed $500 million in annual sales revenues in 2003, a first-time achievement in the company’s 18-year history. At year’s end, Melaleuca’s revenues had increased $87,141,454 over the previous year. Total sales for 2003 increased by 18% over the previous year of $459 million, reaching $546,921,042 in 2003.
In 2003, company highlights included releasing a patent-pending heart-health supplement named Phytomega, expanding into New Zealand and the United Kingdom and winning the 2003 Environmental Excellence Award by the Idaho Association of Commerce and Industry for the company’s environmental sensitivity.
Approximately one-fourth of Melaleuca’s sales now come from overseas operations, but the majority of the company’s growth was from the U.S. and Canadian operations.
“The key to our success is the science behind our products,” VanderSloot said. “We tell people Melaleuca has products, unique to our company, which can change people’s lives, and help them live longer, more vibrant and healthier lives. Man’s life expectancy continues to go up each year. It is quite probable we will all get old. The question is whether we will be healthy enough to enjoy it. Proper nutrition will make all the difference. That’s why people choose Melaleuca.”
Awards & Recognition
The company’s legacy of growth and leadership has been recognized in recent years.
- After ranking in the Inc. 500 for five consecutive years, Melaleuca was inducted into the Inc. 500 Hall of Fame in 2001 based on its record of continuous growth and profitability.
- Melaleuca received the U.S. Chamber of Commerce’s Blue Chip Enterprise Award for succeeding in the face of economic challenges.
- VanderSloot was selected asIdaho’s Business Leader of the Year in 1998 byIdahoStateUniversityas well as the Northwest Entrepreneur of the Year in 2001 by Ernst & Young, CNN, NASDAQ and USA Today.
- VanderSloot serves on the Board of Directors of the U.S. Chamber of Commerce.
“Melaleuca has steadily built a solid foundation to ensure the company thrives in future generations,” VanderSloot said. “In our journey of growth and expansion, the $500 million mark is an important mile marker. How far we go from here will depend on the quality of our products and the quality of our people. Based on that, the future looks very promising.”
Melaleuca, The Wellness Company, is a manufacturer and distributor of over 300 natural health, home cleaning, pharmaceutical and personal care products, all of which are naturally based and designed to be safer and more cost-effective than grocery store brands. Founded in 1985, Melaleuca is a privately held company based inIdaho Falls,Idaho that generates over $500 million in annual revenue through a sales force that reaches households across North America,Taiwan,Korea,Japan,Hong Kong,Australia,New Zealand, and theUnited Kingdom.