PARAMOUNT RELOCATES POWERBLOCK’S HEADQUARTERS

Congratulations to Paramount’s East Team for their work to relocate PowerBlock’s headquarters to the Twin Cities!  Read on to learn more about their history, dive a bit into the details of the deal, and see what is to come for PowerBlock!

About PowerBlock

PowerBlock Incorporated, the makers of the world’s best adjustable dumbbells, is currently based in Owatonna, MN; where Carl Towley founded the company in 1993.  Moving PowerBlock’s headquarters to the Twin Cities will be monumental for this Minnesota grown, family-owned business!  With a passion for body building and strength training, Towley observed the typical dumbbell took up too much floor space.  This lead to the creation of a nested weight stack with a single handle secured by a U-shaped pin.

The Deal

Paramount’s East team, John Young, Phil Simonet, and Joseph Schultz, were able to assist with consolidating three of PowerBlock’s locations into one!  The new building will allow PowerBlock to unlock operational efficiencies not currently recognized.  In addition, the new facility will allow PowerBlock to streamline their process; above all, boosting their bottom line.

What’s to Come

PowerBlock has BIG plans to make the space their own!  Moreover, they will use the space as a way to brand themselves and display their company culture.  In conclusion, their hope is that the updated space will allow them to attract the talent that will help execute their long-term strategic plan.

We cannot wait to see what the future has in store for them!

FIND OUT MORE ABOUT POWERBLOCK