Performance Health

Performance Health is a medical and physical therapy supply manufacturing company. The company is a merge of two companies: Performance Health Inc, which originated in Export, Pennsylvania, and Hygenic Corporation which originated in Akron, Ohio. They manufacture and deliver products for the healthcare industry, such as mobility and physical therapy equipment, diagnostic tools, and pain relief products. [3] Their most known brands include the Thera-Band resistance bands, and Biofreeze topical analgesic.[4]

Performance Health
Formerly
Hygenic Corporation
Private
IndustryManufacturing
Founded1925 (Hygenic)
FounderDerek Skinner
HeadquartersWarrenville, Illinois, U.S.
Number of locations
8
Area served
Worldwide
Products
  • Thera-Band
  • Biofreeze
  • Dyna-Band
  • Aquafins
  • Parabath
  • Hygenic
Revenue$70 million (2006)
OwnerPatterson Medical
Number of employees
230 (2016)
Websitewww.performancehealth.com
Footnotes / references
[1][2]

History

Hygenic Corporation was founded in 1925 by Walter P. Keith.[5] They originated the Thera-Band, Dyna-Band, Parabath, and Hygenic products.[6]

In 2006, Hygenic bought Performance Health Inc., a company from Export, Pennsylvania that makes the Biofreeze topical analgesic and the Prossage warming massage ointment.[7][6]

Hygenic has changed hands several times being bought and sold by private equity firms.[8][9][10]

In 2016, Hygenic / Performance Health was acquired by Patterson Medical. Its headquarters was moved to Warrenville, Illinois, but its facilities at Akron, Ohio and Cuyahoga Falls, Ohio were retained.[2]

In 2018, the National Basketball Association (NBA)'s Portland Trail Blazers selected Biofreeze as their jersey patch sponsor.[11][12][13]

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References
  1. "Contact Customer Service - Performance Health". PerformanceHealth.com. Retrieved 27 December 2018.
  2. "Performance Health acquired by Patterson Medical". Crain's Cleveland Business. 31 May 2016. Retrieved 27 December 2018.
  3. https://www.performancehealth.com/what-we-sell
  4. "Hygenic Corp. Aquires [sic] Performance Health". Message Magazine. January 2006. Retrieved 2008-10-23.
  5. "Company Overview". August 2008. Archived from the original on 2008-10-13. Retrieved 2008-10-22.
  6. "Hygenic Announces Acquisition of Performance Health, Inc., Manufacturer of Biofreeze(R) Products". www.businesswire.com. 22 May 2006. Retrieved 27 December 2018.
  7. "Hygenic acquires Performance Health". Crain's Cleveland Business. 25 May 2006. Retrieved 27 December 2018.
  8. "Key Equity buys Hygenic Corp". Crain's Cleveland Business. August 28, 2000. Retrieved 2008-10-23.
  9. "Hygenic changes investment firm hands". Crain's Cleveland Business. February 23, 2004. Retrieved 2008-10-23.
  10. "Baird buyout unit sells Hygenic Corp". The Business Journal of Milwaukee. April 23, 2007. Retrieved 2008-10-24.
  11. "Trail Blazers, Performance Health Announce Multi-Year Partnership Including Biofreeze Jersey Patch". TrailBlazers.com (Press release). NBA Media Ventures, LLC. September 19, 2018. Retrieved April 14, 2019.
  12. Freeman, Joe (September 20, 2018). "Portland Trail Blazers sign jersey patch sponsorship deal with Biofreeze". The Oregonian. Retrieved April 14, 2019.
  13. Cowley, Jared (September 19, 2018). "Trail Blazers will have Biofreeze sponsor patch on jerseys". KGW. KGW. Retrieved April 14, 2019.
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