At a glance
- Founded
- 1906, in the Boston area, as the New Balance Arch Support Company.2
- Founded by
- William J. Riley, an Irish immigrant who sold a flexible arch support built on three points of contact.2 Arthur Hall, hired as a salesman in 1927, became his partner in 1934.2
- Home
- Boston, Massachusetts, at 100 Guest Street.2 It owns five athletic footwear factories in New England and one in Flimby in England.1
- Owned by
- Private. Jim Davis, who bought the company in 1972, is chairman, and Forbes estimates the family controls about 95 per cent of it.5
- What it sells
- Running, training and lifestyle footwear, plus an apparel business that passed $1 billion globally for the first time in 2025.1
- Size
- Worldwide sales of $9.2 billion in 2025, up 19 per cent on the year before.1
How it got here
1906
1 of 3
William J. Riley starts the New Balance Arch Support Company near Boston, selling arch supports built on three points of contact.2
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Sources for what is above
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