doTERRA Named No.1 Economic Engine by Utah Valley 360’s UV50 Awards0
SALT LAKE CITY, Sept. 29, 2016 /PRNewswire/ — doTERRA International, the world’s leading global essential oils company, was named by Utah Valley 360 as the No. 1 Winner of UV50 Awards in the Economic Engine category. The announcement was made September 14th, the same day doTERRA kicked off its annual conference welcoming a record-breaking 30,000 attendees to Salt Lake City, making it the largest corporate conference in Utah history.
doTERRA has also been recognized as one of “America’s Best Employers” by Forbes magazine being listed at No. 10 of the top 250 midsize employers nationally. According to Forbes, doTERRA is the No. 1 ranked employer in the packaged goods category, No. 1 enterprise in the state of Utah, No. 1 employer in the mountain states area, and No. 2 company in the entire Western United States. doTERRA has also been recognized as “Business of the Year” by Utah Valley BusinessQ, and now as the number one Economic Engine company by Utah Valley 360’s UV50 Awards.
UV50 Awards celebrate 50 Utah Valley companies that are excelling in a variety of categories. This year’s categories include Fastest-Growing Companies, Economic Engines and Startups to Watch.
Companies awarded in the Economic Engines category were judged according to the percentage of growth over the three-year period from 2012-2015 and how they drive the local economy. Companies also were chosen based on their influence on the world using their strength, smarts, and stamina.
doTERRA has provided jobs for its 1,900+ employees in Utah and exceeded $1.1 billion in revenue in 2015. The essential oils leader recently contributed an estimated $28.5 million to the local economy by hosting 30,000 guests to its annual conference.
doTERRA also has a tremendous impact around the world through the doTERRA Healing Hands Foundation™, doTERRA’s non-profit organization committed to helping impoverished communities become more self-sufficient. Through doTERRA Co-impact Sourcing™, doTERRA seeks to create shared value by improving the social, economic, and environmental well-being of farmers, distillers, and producers of CPTG® essential oils throughout their global supply chain of essential oils.
“doTERRA’s significant growth is an indicator that essential oils are becoming more mainstream for health and wellness,” said David Stirling, Founding Executive, CEO & President. “Everyone at doTERRA contributes to fueling the outcome of our success. This recognition is the result of the excellent work of our growers, distillers, scientists, practitioners, Wellness Advocates and employees. We are honored that Utah Valley 360 has selected doTERRA for this award.”