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TaylorMade Golf Company is an American sports equipment manufacturing company based in Carlsbad, California, United States. The company focuses on the golf equipment market, producing golf clubs, balls, and clothing. TaylorMade Golf is currently a subsidiary of Centroid Investment Partners after it was purchased from KPS Capital Partners in May ...
This was the reason Golfsmith owed $5.5 million to Callaway Golf Co., $5.1 million to Taylormade Golf Co. Inc., $3.5 million to Nike, $2.3 million to PING Inc. and $2.1 million to Titleist. Golfsmith CEO David Roussy blamed "a recession-driven decline in golf participation and an oversized brick-and-mortar retail presence" for its situation.
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In 2017, McIlroy signed a 10-year, $200 million contract extension with Nike for apparel only after Nike exited the golf equipment business, allowing him to additionally sign a 10-year, $100 million equipment deal with TaylorMade to use their clubs, ball, and bag.
In 2012, Adams Golf was acquired by TaylorMade Golf (which was owned by Adidas by then) for USD 10.80 per share in cash (roughly 70 million). As a result, Adams was added to the corporation set of golf brands, such as Adidas Golf and TaylorMade–adidas Golf. TaylorMade assured that Adams' headquarters in Plano, Texas, would remain. [2]
The R7 Quad is a line of golf clubs manufactured by TaylorMade. Since its introduction in 2004, it has been the most-used driver on the PGA Tour and the best-selling driver in the amateur market. [ 1 ]
Gary Adams was an American salesman, founder of TaylorMade Golf, Founders Club, McHenry Metals, and nominal inventor of the modern "metal wood." After leaving college, he started working as a golf salesman. He observed new golf balls worked well with irons, but not wood clubs, so he started tinkering to create a metal driver. [2]