Three direct selling companies—ARIIX, USANA and Xyngular—were recognized Friday during a celebration of Utah Business Magazine’s Fast 50 list, an annual ranking that acknowledges companies for their entrepreneurial spirit, innovative business tactics and skyrocketing revenue growth.
ARIIX, the Bountiful, Utah-based international wellness company, came in at No. 11 on the list. The company recently announced it is opening an office in Ireland to support European sales growth and additional international markets.
Global nutritional company USANA was ranked No. 37. This year marks the 11th consecutive time the company has made the list of fastest growing companies in Utah. USANA had an historic 2017 in which the Salt Lake City-based company achieved record net sales totaling $1.047 billion—a 4.1 percent increase from 2016.
Lehi, Utah-based Xyngular was the third direct seller recognized. It came in at No. 47. The company offers systems designed to help users achieve health and wellness goals.
The Fast 50 highlights the companies in Utah that generate record revenues or expand at rapid speeds. The list is determined by Utah Business Magazine, Utah’s premier business news and information provider.