Peloton To Break Ground For First U.S. Facility This Summer

May 24, 2021

The at-home fitness company announced plans to build its first U.S. factory for $400 million, adding to its third-party manufacturers in Asia and acquired U.S. businesses.

Plans for the Ohio facility come after complaints of month-long shipping delays and a string of investments focused on meeting demand. Peloton reported its first $1 billion quarter this year. Front Office Sports