NEWTON GOLF (NASDAQ: SPGC), a Sacks Parente company, is a technology-forward golf equipment manufacturer committed to enhancing player performance through innovative design. “NEWTON GOLF is focused on delivering high-performance golf equipment with a strong emphasis on precision engineering and cutting-edge materials,” reads a recent article. “The global golf equipment market was valued at approximately $8 billion in 2022, with the U.S. market accounting for $2.9 billion. The golf club segment dominated the industry, representing 45.7% of total market share. Increasing participation in golf, particularly among younger players and women, is driving demand for high-quality, customizable golf equipment.”
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About NEWTON GOLF Company
NEWTON GOLF: A Sacks Parente company, is a technology-forward golf company that help golfers elevate their game. With a growing portfolio of golf products, including putters, golf shafts, golf grips, and other golf-related accessories, the company’s innovative accomplishments include: the First Vernier Acuity putter, patented Ultra-Low Balance Point (“ULBP”) putter technology, weight-forward Center-of-Gravity (“CG”) design, and pioneering ultra-light carbon fiber putter shafts.
In consideration of its growth opportunities in golf shaft technologies, the company expanded its manufacturing business in April of 2022 to develop the advanced Newton brand of premium golf shafts by opening a new shaft manufacturing facility in St. Joseph, Missouri. It is the company’s intent to manufacture and assemble substantially all products in the United States, while also expanding into golf apparel and other golf-related product lines to enhance its growth.
The company’s future expansions may include broadening its offerings through mergers, acquisitions or internal developments of product lines that are complementary to its premium brand. The company currently sells its products through resellers, the company’s websites, Club Champion retail stores, and distributors in the United States, Japan, and South Korea.
For more information, visit the company’s website at www.newtongolfco.com.
NOTE TO INVESTORS: The latest news and updates relating to SPGC are available in the company’s newsroom at http://ibn.fm/SPGC
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