Shaklee Predicts Double Digit Growth

Healthy profits lie in going green Shaklee CEO predicts 'double-digit' growth with company's launch of toxin-free products; economists not so sure

SAN FRANCISCO - Shaklee Corp. believes that by Going Green, it can produce a bumper crop of greenbacks.

The Pleasanton-based marketer of nutritional, health care and household cleaning products has been at the forefront of being friendly to the environment, a point its executives made repeatedly at its 50th anniversary gala in San Francisco on Thursday. Now, the company is convinced that its decades-long commitment to "green" products can dramatically increase its sales and profits.

To be sure, Shaklee's push to launch a line of toxin-free household products, plant 1 million trees, install solar power in impoverished African villages, sponsor expeditions to the Arctic to investigate global warming, become the world's first carbon-neutral corporation, and generally tout Shaklee as a "green" company, can all burnish the firm's corporate image.

 

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