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UNIVERSAL
GYM TO BUILD NATIONAL DEALER NETWORK & TARGET $2 MILLION IN SALES
MAY 22, 2000, CEDAR RAPIDS, IOWA--Legendary Coach Vince Lombardi believed
in Universal Gym Equipment. It was the only weight-strengthening equipment
he ever endorsed.
Over the past forty-two years, the Universal name has become so much a
part of the sports and fitness vocabulary that the name is synonymous
with fitness equipment. "Universal" is used interchangeably
the way people say "Kleenex" instead of "tissue" or
"Xerox" instead of "copy." And there's probably not
a professional athlete alive who hasn't used a Universal at least once.
Universal reaped $54 million in annual sales its top year and supplied
fitness equipment to Olympic teams around the world before filing for
bankruptcy in 1996. In 1998, six businessmen from Cedar Rapids, Iowa,
refused to let the American-born legendary company die. When Flexible
Flyer bought Universal in Florida bankruptcy court, it sold the rights
to Universal's name and weight-lifting products to the Iowa Group.
Universal's new owners took possession of $1.5 million in inventory in
early 1999 and brought the company's corporate offices and warehouse back
to Cedar Rapids, home of Universal's offices and manufacturing plants
from 1985-1993. The company's products are now manufactured in eastern
Iowa.
"We were intrigued with the idea of bringing Universal back to Cedar
Rapids and getting the company back on its feet," says Steve Sadler,
Universal president and part owner. "Universal was a great company
when it was in Cedar Rapids. Everyone I talked to loved working for the
company. It was a quality name, American-made product and people took
pride in that."
Sadler came out of retirement to steer the company that he bought along
with brothers Tom, president of Sadler Machine Company and John, president
of Sadler Power Train. Other partners include Peter Elliff and Gary Mally.
Universal resumed manufacturing in June 1999, and as of May 2000 is averaging
$100,000 in monthly sales. The company currently has seven full-time employees
and is painstakingly rebuilding its national distributor network by handpicking
dealers who are well established in their region. Two of these "new"
dealers are old friends. Bob Kennedy, owner of Universal Fitness and Leisure
in Columbus, Ohio, has been a dealer for 30 years and Mickey Carroll,
owner of Southwest Fitness Products in Tucson, Arizona, has been selling
Universal for 22 years.
Universal's circuit from world-class manufacturer to bankruptcy court
to rebirth in the Iowa cornfields is a story that began in 1957 when Universal
Gym Equipment, founded by Harold Zinkin, leaped from California's Muscle
Beach to launch the fitness revolution. The key to this revolution was
Zinkin's multi-station weight equipment, called the "Universal Machine,"
which offered the double benefit of allowing more than one person to work
out at the same time while also increasing safety by eliminating the danger
of weights falling onto the user.
With this machine, Universal introduced the concept of circuit weight
training, both for total body conditioning as well as supplemental conditioning
for athletes. The revolutionary training machine featured several exercise
stations with separate stacks of flat weight plates that moved up and
down on solid steel runner guides. A unique weight key system allowed
users to easily change the amount of resistance.
Since its introduction in the 1960s, Universal's multi-station Centurion
has become the backbone of many high school and college weight rooms.
Sadler estimates that there is somewhere between 50,000-75,000 Centurions
in use around the world.
The multi-station machine was just one of the many "firsts"
that Universal brought to the fitness industry. For example,
Universal became the first fitness equipment manufacturer to use computers
to analyze the complex mechanical forces involved in body movement and
athletic performance.
This biomechanical research led to the development of Universal's patented
Dynamic Variable Resistance (DVR). DVR automatically and progressively
adjusts the machine's weight resistance to accommodate the body's changing
leverage during each weight lifting stroke.
Capitalizing on its experience with DVR multi-station machines, Universal
developed a full line of biomechanically designed DVR single station machines.
Universal also introduced the Aerobic Super Circuit, a fast and effective
workout that increases muscular strength, flexibility and cardiorespiratory
endurance. The Aerobic Super Circuit combines circuit weight training
and aerobic exercise to provide total body conditioning. The program also
solves the problem of overcrowding as it moves from station to station
quickly and efficiently.
Universal products are now used by schools, colleges, health clubs, YMCAs,
YWCAs, hotels and resorts, hospitals, sports medicine clinics, multi-
housing complexes, fire departments, police departments, city recreation
departments, official Olympic training centers, professional sports teams,
government and military installations, and employee fitness centers.
Universal representatives have helped design and equip the national Olympic
training centers in 20 countries, including two elite Olympic training
centers in the People's Republic of China as well as provincial health
program centers located throughout that country. Universal is also a major
supplier of fitness equipment to foreign athletic groups as well as foreign-based
U.S military.
In keeping with this pioneering spirit, Universal's new owners are determined
to remain on the cutting edge of innovative exercise equipment and program
development.
"Our philosophy during this reconstructive stage is to build on the
solid Universal name that has always meant quality, fun and fitness,"
says Sadler. "Our goal is to have $2 million in sales this year,
and re-establishing our national network of dealers ties in heavily with
achieving this goal. It's an exercise in commitment, initiative and endurance,
which is what the Universal name is all about." (Inquiries regarding
dealer opportunities should be directed to Universal's Steve Sadler, president,
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