Hall of Fame Resort & Entertainment Company Announces Multi-Year Partnership with American Standard
May 04 2021 - 8:00AM
Business Wire
American Standard will serve as official
plumbing fixture technology manufacturer of the Hall of Fame
Village powered by Johnson Controls
Hall of Fame Resort & Entertainment Company (“HOFV” or the
“Company”) (NASDAQ: HOFV, HOFVW), the only resort, entertainment
and media company centered around the power of professional
football and owner of the Hall of Fame Village powered by Johnson
Controls (“the Destination”), today announced it has signed a
three-year partnership with leading plumbing and building products
manufacturer, American Standard.
American Standard will serve as official plumbing fixture
technology manufacturer of the Destination, which includes
outfitting all of the Destination’s Phase II assets with its
products. What’s more, American Standard will use the Destination’s
facilities as a plumbing fixture technology hub and testing
center.
“We are pleased to partner with one of the most recognizable
brands in plumbing in American Standard,” said Erica Muhleman,
Executive Vice President of New Business, Marketing & Sales for
HOFV. “This partnership is another strong endorsement of our plan
for the Hall of Fame Village powered by Johnson Controls. Quality
institutional brands like American Standard understand the truly
one-of-a-kind experience the Destination offers and want to be part
of it, allowing us to build a diverse roster of world-class service
providers”
“We are both thrilled and honored to partner with the Hall of
Fame Resort & Entertainment Company,” shared Bob Downie,
Leader, Trade Sales for LIXIL Americas, the home of American
Standard. “Their dedication to innovation and creating a
one-of-a-kind experience directly aligns with our approach, making
our new partnership a natural fit.”
American Standard is the latest widely respected brand to sign a
partnership with HOFV. Since going public in July 2020, the Company
also has executed partnerships with Blue Technologies, Republic
Services and Spectra Partnerships.
About the Hall of Fame Resort & Entertainment Company
The Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV,
HOFVW) is a resort and entertainment company leveraging the power
and popularity of professional football and its legendary players
in partnership with the Pro Football Hall of Fame. Headquartered in
Canton, Ohio, the Hall of Fame Resort & Entertainment Company
is the owner of the Hall of Fame Village powered by Johnson
Controls, a multi-use sports, entertainment and media destination
centered around the Pro Football Hall of Fame's campus. Additional
information on the Company can be found at www.HOFREco.com.
About the Hall of Fame Village powered by Johnson
Controls Hall of Fame Village powered by Johnson Controls is a
multi-use sports, entertainment and media destination centered
around the Pro Football Hall of Fame's campus in Canton, Ohio. It
currently has over $250 million worth of assets under management
and is one of the largest ongoing construction projects in Ohio.
Phase I of the project entailed the construction of the Tom Benson
Hall of Fame Stadium, a world-class 20,000 seat, sports and
entertainment stadium, and the National Youth Football and Sports
Complex. Phase II, currently under construction, will add the
Constellation Center for Excellence, the Center for Performance, a
Retail Promenade, the Hall of Fame Waterpark and a Hilton Tapestry
Hotel. Phase III is currently in planning stages. For more
information, visit www.HOFVillage.com.
About American Standard American Standard makes life
healthier, safer and more beautiful at home, at work and in our
communities. For more than 140 years, the brand has innovated and
created products that improve daily living in and around the
bathroom and kitchen for residential and commercial customers. It
has been recognized with 83 product innovation and design awards in
the past five years. American Standard is part of LIXIL, a global
leader in housing and building materials products and services.
Learn more at americanstandard.com, or follow us on Facebook,
Twitter, Instagram, Youtube, Pinterest.
Forward-Looking Statements Certain statements made herein
are “forward-looking statements” within the meaning of the “safe
harbor” provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words and phrases such as “opportunity,” “future,” “will,” “goal,”
and “look forward” and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. These forward-looking statements are not
guarantees of future performance, conditions or results, and
involve a number of known and unknown risks, uncertainties,
assumptions and other important factors, many of which are outside
the Company’s control, that could cause actual results or outcomes
to differ materially from those discussed in the forward-looking
statements. Important factors, among others, that may affect actual
results or outcomes include the inability to recognize the
anticipated benefits of the business combination; costs related to
the business combination; the inability to obtain or maintain the
listing of the Company’s shares on Nasdaq; the Company’s ability to
manage growth; the Company’s ability to execute its business plan
and meet its projections; potential litigation involving the
Company; changes in applicable laws or regulations; general
economic and market conditions impacting demand for the Company’s
products and services, and in particular economic and market
conditions in the resort and entertainment industry; the potential
adverse effects of the ongoing global coronavirus (COVID-19)
pandemic on capital markets, general economic conditions,
unemployment and the Company’s liquidity, operations and personnel,
as well as those risks and uncertainties discussed from time to
time in our reports and other public filings with the SEC. The
Company does not undertake any obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
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For Hall of Fame Resort & Entertainment Company Media
Inquiries: public.relations@hofreco.com Investor Inquiries:
investor.relations@hofreco.com
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