Dick DeVos Branches into the Liquor Business
Dick DeVos and his wife, Betsy DeVos, through Windquest Group, their Grand Rapids, Michigan based holding company, are branching into the liquor business by purchasing Coppercraft Distillery. The Coppercraft Distillery was first opened by Walter Catton III in 2013, who is not able to discuss the pending acquisition of the distillery and transfer of the liquor license but has indicated that he looks forward to the expansion of the distillery through new investment. Located in Holland Township, the Coppercraft Distillery is an extensive operation and supplies over 100 entities in Michigan, Illinois and Colorado. Given the size and market share in the region that the Coppercraft Distillery has amassed in the region, this is a major opportunity for DeVos, who is poised to grow the Coppercraft Distillery into an even more innovative and cutting edge distillery.
As an experienced business executive and community leader, DeVos has a long history of investing in various business ventures in Michigan to bring investment and economic growth to the region. DeVos was born in Grand Rapids, Michigan and has never forgotten his hometown roots. As the son of one of the co-founders of Amway, DeVos grew up learning about the family business and developed a keen talent for entrepreneurship and management. He would eventually serve as a vice president of Amway, during which time the company enjoyed unprecedented growth under DeVos’ management. Learn more about the DeVos family’s Amway legacy here: http://www.mlive.com/news/grand-rapids/index.ssf/2010/09/amway_heir_dick_and_betsy_devo.html
In addition to an impressive resume in business venture, DeVos and his wife have been active philanthropists and have demonstrated a strong commitment to supporting education and the arts. As president of the Dick and Betsy DeVos Foundation, DeVos has donated generously to support various education initiative. Notably, in 2010, DeVos was responsible for establishing the nation’s first public charter high school, the West Michigan Aviation Academy. DeVos has been widely recognized for his contributions to promotion of the arts, including supporting ArtPrize, an art competition based in Michigan.
DeVos is a many of many talents, which include aviation, sailing and civic leadership.
DeVos has consistently been an active presence in the community and has been extensively involved in state politics. As a man of action and principle, he has campaigned for economic growth and the continued development of Michigan’s potential through generous political donations as addressed in MLive.