BANNATYNE Fitness, the Darlington-based national health club operator, is investing more than £700,000 at four of its sites in the region.
The company is making the investment in new cardiovascular exercise equipment at its clubs in Coulby Newham, Darlington, Ingleby Barwick and Durham.
The investment is part of the new four-year agreement with Technogym, signed last year, for the manufacturer to continue to be Bannatyne’s exclusive supplier of fitness equipment.
As part of the agreement, Technogym will supply Bannatyne’s with a mixture of strength, free weight and cardiovascular equipment exclusively until 2013.
The investment in the four North-east health clubs is for the installation of Technogym’s Excite range, which includes equipment such as treadmills, exercise bikes and cross trainers.
Also included in the installations is Technogym’s latest innovation, Vario - which offers an adaptable cardio workout allowing users to perform exercises for the upper and lower body or just concentrate on the lower part of the body.
Nigel Armstrong, managing director of Bannatyne Fitness, said: “This investment is part of a programme of ongoing development within our existing portfolio. As a company we firmly believe in regenerating and investing our profits back into our health clubs and hotels, this enables our members to receive the maximum benefit from their experience at Bannatyne’s.
“This equipment is the latest in hi-tech fitness systems and the best available on the market.
“It will provide new and existing members with an unrivalled exercise experience.”
Meanwhile Towergate Risk Solutions Teesside has announced a new three-year partnership agreement with the Bannatyne Group - which takes in fitness centres and hotels across the UK.
Under the deal, TRS Teesside, which is based in Stockton, will advise Bannatyne Group on its insurance and risk management requirements.
Neil Forrest, managing director of Towergate Risk Solutions Teesside, said: “Securing a corporate account of this stature and profile is great news for our business.”