Peloton’s products are becoming increasingly popular. Especially in times when fitness studios are closed, people are looking for sporty alternatives to take at home. Now Peloton has announced that it intends to manufacture its products more in the USA and therefore wants to build a new plant for 400 million US dollars in Ohio.
New plant for Peloton creates 2,000 new jobs
Peloton, when you hear this name, you think of smart spinning bikes, treadmills and the like. All of these devices are produced in Taiwan. However, this is set to change soon. Peloton’s CEO John Foley has announced the American company’s latest plans. In order to be able to offer its customers the products at a lower price, Peloton wants to reach a new plant in Ohio. Peloton Output Park – that’s the name of the facility – is to be built with an area of around 100,000,000 square meters, half an hour south of Toledo, and to create 2,000 new jobs. It will be some time before the first devices from the new plant can begin their journey to customers, who are mainly located in the USA, says Foley. This is planned for 2023. Peloton is already working with local and state partners to make the plans a reality.
Another benefit of the American facility could also be an easy and reliable way for Peloton to generate positive press. And that’s what the company did in the US after Recall of its treadmills sorely needed.
Ohio may not be the first plant to manufacture Peloton devices in America. At the end of last year, the fitness equipment manufacturer Precor was bought by Peloton. It already has factories in Washington and North Carolina. It is reported that Peloton plans to start building some equipment at these two plants as early as the end of 2021.
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