WOODINVILLE, WA--(Marketwired - May 27, 2014) - Precor®, a leading commercial and home fitness equipment manufacturer, today announced the Puget Sound Business Journal has named it one of the most philanthropic companies in the Puget Sound for its "Precor Cares" and "Precor Gives" charitable giving programs. Precor donated more than $800K in 2013, earning it a second place ranking among 25 medium-sized businesses in the Puget Sound region. The company was honored at the Corporate Citizenship Awards Luncheon May 22 at the Seattle Marriott Waterfront hotel.
"Our Corporate Citizenship event and publication allows us to recognize 75 companies from the Puget Sound region who collectively donated more than $1 billion in cash to charitable causes around the globe, and close to $120 million of that here in Washington," said Gordon Prouty, publisher of the Puget Sound Business Journal. "We're pleased to recognize Precor as one of these outstanding organizations for their ongoing generosity and commitment to philanthropy."
Established in 2006, the "Precor Gives" program empowers company employees to give to the charity of their choice. The company then matches employee contributions dollar for dollar up to $10,000 per employee, per year. Some of the supported charities in 2013 include Susan G. Komen, the American Diabetes Association and Habitat for Humanity, as well as local organizations including local Boys & Girls Clubs, Northwest Harvest, and the Coastal Conservation Association.
Through "Precor Cares," the company has teamed up with the YMCA of the USA (Y-USA) to award local YMCAs grants that advance the implementation of the Healthy Eating and Physical Activity (HEPA) program. To date, the company's donations have benefited more than 40 Y communities across the nation.
"Our work with employee-sponsored charitable groups and the YMCA has allowed us to scale our giving programs to reach more people in need more quickly," said Rob Barker, president of Precor. "We're honored to be recognized for supporting causes near and dear to Precor team members and our partner organizations."
The Corporate Citizenship Awards program is co-sponsored by the Seattle Foundation, whose mission is to "foster powerful and rewarding philanthropy to make King County a stronger, more vibrant community for all." Read more about the top Puget Sound corporate philanthropists and their contributions in the Puget Sound Business Journal's May 23 Corporate Citizenship special report.
Precor designs and builds premium fitness equipment for effective workouts that feel smooth and natural. With a passionate focus on ergonomic motion, proven science and superior engineering, the company continually advances the home and commercial fitness industry with breakthrough new product categories, including, EFX® Elliptical, Adaptive Motion Trainer® "AMT®" and Preva® Networked Fitness. Precor is a subsidiary of Amer Sports Corporation, the world's largest sports equipment company, with internationally recognized brands Wilson, Atomic, Suunto, Salomon, Arc'Teryx and Mavic.