Nov 1, 2008 12:00 PM
Matrix Fitness Systems Merged Into Johnson Health Tech North America
Cottage Grove, WI — Johnson Health Tech Co. Ltd., based in Taichung, Taiwan, has merged its four U.S. subsidiaries. The new entity, named Johnson Health Tech North America Corp., combines Matrix Fitness Systems, Horizon Fitness, Vision Fitness and Johnson Health Tech Research and Development into one company.
Matrix (which produces commercial products), Horizon (which makes consumer exercise equipment) and Vision (which makes specialty equipment) will retain their brands and their own sales and marketing groups, according to a company statement.
Chris Clawson, formerly the president of Matrix, has been named president and CEO of Johnson Health Tech North America Inc., which serves as the North American headquarters of Johnson Health Tech Co. Ltd.
U.S. sales for Matrix in the second quarter increased by 48.3 percent, and global sales increased by 41 percent over the corresponding 2007 period. Clawson attributes the domestic growth to an increase in the number of trade shows Matrix has been attending in 2008, including the Gold's Gym convention and the National Apartment Association Conference.
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