Johnson Health Tech Has Strong 2Q
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Nathan Pyles is the new president of Johnson Health Tech North America. Photo courtesy of Johnson Health Tech North America.
COTTAGE GROVE, WI -- Johnson Health Tech Inc. (JHT), the manufacturer of Matrix Fitness, posted an increase in sales in the second quarter.
The Cottage Grove, WI-based company, which also produces Vision Fitness, Horizon Fitness and Livestrong Fitness equipment, had a 29 percent increase in sales worldwide and a 26 percent increase in North American sales for the period ending June 30, 2010, compared to the corresponding period last year. Commercially, Johnson Health Tech North America reported a 65 percent increase in sales over the previous year.
“Much of our domestic growth can be attributed to a continued investment in sales support, marketing and product development,” Nathan Pyles, the new president of Johnson Health Tech North America, said in a statement. Pyles took over for Chris Clawson, who is now president of Life Fitness.
Pyles attributed much of the commercial growth to the rollout of several new products that has resulted in an expanded Matrix Fitness product portfolio, including the Johnny G Krankcycle, the T7xe treadmill, the G7 series strength line and the expansion of the company’s partnership with the Lance Armstrong Foundation to launch the Livestrong by Matrix line. Worldwide, the JHT commercial channel has experienced 50 percent year-to-date growth, according to the company.
“Our concentrated efforts to build the JHT brand portfolio globally and our international business development has resulted in tremendous growth, both worldwide and in the domestic commercial channel,” said Mark Zabel, vice president of global marketing for JHT. “We have continued our aggressive investment in new product development, strategic partnerships, new technology and our global marketing campaign, which will position JHT for continued growth worldwide throughout 2010.”
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