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CYBEX Building New Manufacturing Facility in Owatonna.


MEDWAY, Mass. -- Cybex International, Inc. (AMEX AMEX

See: American Stock Exchange
: CYB CYB Canada Year Book (Historical Collection)
CYB Cayman Brac Island, Cayman Islands (Airport Code)
CYB Cover Your Butt
CYB Carlsbad Youth Baseball (Carlsbad, California) 
), a leading exercise equipment manufacturer, announced that they will be building a new state-of-the-art manufacturing facility in Owatonna, Minnesota.

A new facility is necessary due to a 15% growth over the last four years driven by innovative new products such as the revolutionary Arc Trainer and the VR3 line of strength equipment. Plans for future growth are imminent, and manufacturing capacity is being expanded to support current and future business projections. Plans have been announced to build a 340,000 square foot facility located on 36 acres of property in Owatonna that will increase manufacturing capacity.

Although the Company was pursued by other communities, CYBEX is committed to staying in Owatonna to support its existing workforce and provide a better quality of life for those employees.

"CYBEX prides itself on its progressive manufacturing technology and quick turnaround time (1) In batch processing, the time it takes to receive finished reports after submission of documents or files for processing. In an online environment, turnaround time is the same as response time.  for custom-built fitness equipment," said John Aglialoro, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of CYBEX. "Our outstanding workforce in Owatonna has contributed to our success, and those employees will be an integral part of the growth of our company moving forward. The new manufacturing facility will play a vital role in contributing to the future success of the Company."

CYBEX uses a progressive manufacturing philosophy that makes efficient use of all technology and employees to build the highest quality products in the shortest amount of time.

"The support we've received from the Mayor, the City of Owatonna and the Owatonna Area Chamber of Commerce and Tourism is incredible," said Ed Kurzontkowski, Senior Vice President of Manufacturing and Engineering for CYBEX. "We are all very excited about this expansion and the potential that it adds for growth."

Ground is scheduled to be broken for the new building by early September, and CYBEX is expected to move into the building in July 2007.

CYBEX International, Inc. is a leading manufacturer of premium exercise equipment for commercial and consumer use. The CYBEX product line includes a full range of both strength training and cardio training machines sold worldwide under the CYBEX brand. Products and programs are designed and engineered to reflect the natural movement of the human body, assisting each unique user - from the professional athlete to the first-time exerciser - to improve daily human performance. For more information on CYBEX and its product line, please visit the Company's website at www.cybexinternational.com.

This news release may contain forward-looking statements. There are a number of risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made above. These include, but are not limited to, competitive factors, technological and product developments, market demand, economic conditions, the resolution of litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
 involving the Company, and the ability of the Company to comply with the terms of its credit facilities. Further information on these and other factors which could affect the Company's financial results can be found in the Company's previously filed Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
, its Reports on Form 10-Q Form 10-Q

See 10-Q.
, its Current Reports on Form 8-K Form 8-K

The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock.


Form 8-K

See 8-K.
, and its proxy statement Proxy Statement

A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting.
 dated April 4, 2006.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 14, 2006
Words:507
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