Hall of Fame Resort and Entertainment Company Signs Multi-Year Sponsorship Agreement with Hendrickson
July 27 2021 - 8:00AM
Business Wire
Partnership allows HOFV to generate added
revenue from its sponsorship division and Hendrickson to enhance
its brand visibility throughout the Canton area
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”), is pleased to announce an exciting
multi-year sponsorship agreement with Hendrickson, a subsidiary of
The Boler Company and leading global manufacturer and supplier of
commercial transportation products. Per terms of the partnership,
Hendrickson will become a proud sponsor of the Hall of Fame Village
powered by Johnson Controls and will be entitled to signage inside
Tom Benson Hall of Fame Stadium.
“We are excited to partner with Hendrickson, a global leader in
heavy-duty suspensions,” said Erica Muhleman, Executive Vice
President of New Business Development/Marketing & Sales for
HOFV. “We look forward to creating an enjoyable experience for the
Destination’s visitors to provide Hendrickson with an opportunity
to reach a massive audience. In addition, we are pleased to add
Hendrickson to our high-quality portfolio of sponsors and look
forward to continuing to build out this division to drive
additional revenue for our organization.”
The sponsorship also entitles Hendrickson to become an official
partner of the Highway 77 Music Festival set to take place on
Sunday, September 12, 2021 at the Tom Benson Hall of Fame Stadium.
The Highway 77 Music Festival is one of the biggest country music
concerts of the summer, featuring Dan + Shay, Dustin Lynch, Maddie
& Tae, Eric Paslay, Tyler Farr and more. Hendrickson’s brand
will appear on the scoreboard throughout the event and the company
will have a dedicated recruiting booth located in Activation
Village.
Perry Bahr, Vice President & General Manager at Hendrickson,
stated, “Hendrickson is proud to partner with the Hall of Fame
Village. We are looking forward to the continued growth of this
landmark destination and all that it offers the community and
sports fans everywhere.”
HOFV continues to carry out its commitment to partnering with
world-class brands, welcoming Hendrickson to a roster of sponsors
that also includes Johnson Controls, Constellation Energy, Pepsi,
American Standard, Republic Services, Blue Technologies, Minute Men
and others.
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 Hendrickson
Hendrickson, a Boler company, is a leading global manufacturer
and supplier of medium- and heavy-duty mechanical, elastomeric and
air suspensions; integrated and non-integrated axle and brakes
systems; tire pressure control systems; auxiliary lift axle
systems; parabolic and multi-leaf springs; stabilizers; bumpers;
and components to the global commercial transportation industry.
Hendrickson, based in Woodridge, Ill., USA, continues to meet the
needs of the transportation industry for more than 105 years. Visit
Hendrickson at www.hendrickson-intl.com.
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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