Cybex International
Company type | Brand | |
---|---|---|
Industry | Fitness | |
Founded | Late 1960s (The Cybex Ergometer Company) | |
Founder | The Cybex Ergometer Company | |
Headquarters | Rosemont, Illinois
| |
Key people |
| |
Products | Parent Brunswick Corporation | |
Website | www.cybexintl.com |
Cybex International (
History
Cybex International was founded in the late 1960s as "The Cybex Ergometer Company" in
Acquisition by Life Fitness
As of January 20, 2016, Cybex International, Inc. was purchased by Brunswick Corporation for $195 million.[1] As part of this purchase, Cybex is to join the Life Fitness portfolio of fitness brands, along with Life Fitness, Hammer Strength, InMovement, SciFIT, and Indoor Cycling Group (ICG).[2]
Closure of Medway, MA manufacturing facility
As part of the integration process for Cybex International, Inc. and Brunswick Corporation/Life Fitness, the Medway, MA manufacturing facility, which employs approximately 150 people, will be shut down effective September 30, 2017. Component fabrication and engineering will be moved to other locations, including the Cybex location in Owatonna, MN, Franklin Park, IL, and Rosemont, IL.[3]
References
- ^ "Brunswick Acquires Cybex for $195 Million, Will Join Life Fitness" (Press release). clubindustry.com. Retrieved 2016-11-02.
- ^ "Brunswick | Brands | Fitness". Retrieved November 2, 2016.
- ^ Morris, William. "Cybex closing Massachusetts plant, moving jobs to Midwest". Southernminn.com. Retrieved 2016-11-02.