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Precor Contact:

Rob Martin
Sr. Marketing Manager
rob.martin@precor.com
425-482-5328

Precor opens new North Carolina manufacturing facility

FOR IMMEDIATE RELEASE

Plant in Guilford County to Manufacture Precor Strength Equipment

WOODINVILLE, WA – Precor has opened and begun operations at its new facility in Guilford County, North Carolina, near Greensboro. The plant, which will produce Precor strength products, replaces a smaller facility in Valencia, CA.

Representing an investment of more than $26 million, the new state-of-the-art plant will manufacture commercial strength equipment, including all the newest Precor single station C-Line machines as well as Icarian plate loaded, functional and multi-station machines.

At more than 230,000 square feet, the building provides a significant increase in capacity for Precor, more than doubling its current strength manufacturing plant.

Precor has long been known for cardio equipment and in the last few years the strength business has been growing steadily. With the success of strength, Precor simply outgrew its California facility and needed more production capacity. North Carolina offered a strong manufacturing talent pool, a good geographic balance to its main facility near Seattle, and reasonable construction costs. Building from the ground up also allowed Precor to design the factory to take advantage of years of learning how to build fitness equipment.

“We’re excited about the capability this new facility gives us,” said Paul Byrne, Precor President. “The commercial strength market is growing and our new plant will be a key to serving increasing customer demand. We want to thank our partners in North Carolina who were instrumental in making this vision a reality.”

More than a manufacturing facility, Greensboro also serves as a beautiful showroom for the full line of Precor commercial and consumer equipment provides a convenient meeting place for customers and sales reps, and offers distribution advantages to the East Coast and Europe over our other facilities.

In December of 2008, Precor announced it would be coming to North Carolina after a national search for a domestic manufacturing site. Key state and local partners have been instrumental in the selection of the site as well as the process of recruiting, hiring and training employees. They include the One North Carolina Fund, the N.C. Department of Commerce, N.C. Employment Security Commission, N.C. Community College System, Guilford County, Duke Energy and the Greensboro Economic Development Alliance.

A grand opening celebration will be held on March 30, 2010. For more information please contact Rob Martin at rob.martin@precor.com or (425) 482-5328.

About Precor

Founded in the Seattle, WA, area in 1980, Precor (www.precor.com) operates production, distribution and headquarters facilities near Seattle, with offices in the UK, Germany, Benelux, Spain, France, Switzerland, Austria, Japan and China. Engineered to move the way you move, Precor equipment sets the global standard for a fluid, natural, low-impact workout experience.

Precor is a subsidiary of Amer Sports Corp. (www.amersports.com), the world’s largest sports equipment company, with internationally recognized brands Wilson, Atomic, Suunto, Salomon, Arc’Teryx and Mavic.