Johnson Health Tech reported a 40.7% year-over-year increase in February revenue to NT$3.46 billion ($108.7 million), driven by double-digit growth across its commercial, home fitness, and massage chair divisions. The acquisition of Bowflex further bolstered the company’s performance.
The Taiwan-based fitness equipment manufacturer broke ground on its second Vietnam factory on February 19, marking a strategic expansion of its global supply chain capabilities. For the first two months of 2025, Johnson Health Tech’s consolidated revenue reached NT$6.81 billion ($214 million), up 43.9% from the same period last year.
CEO Lo Kuang-ting disclosed plans to shift production of certain aerobic fitness equipment to the United States if the Trump administration encourages Taiwan-based manufacturers to produce locally. The company has already invested significantly in its Wisconsin plant and intends to strengthen U.S. production of strength training equipment to align with Trump’s policies.
Johnson Health Tech is also diversifying manufacturing locations by partnering with a contract manufacturer in Slovenia, with production of several strength training equipment models scheduled to begin in April.
The company will showcase its multi-brand strategy at the upcoming TaiSPO exhibition in March, featuring five brands including newly acquired Bowflex and Schwinn, along with its flagship Matrix ONYX premium commercial series.
