Peloton to open first U.S. factory

Peloton Interactive Inc. has announced plans to build its first U.S. factory in Troy Township in Wood County, Ohio. The Peloton Output Park will be dedicated to producing the Peloton Bike, Bike+, and Peloton Tread interactive fitness equipment starting in 2023. Construction on the $400 million facility is expected to begin in late summer.

The factory will sit on more than 200 acres and have more than 1 million square feet of manufacturing, office, and amenities space. Over the next few years, Peloton expects to add more than 2,000 jobs to the Troy Township area across executive, managerial, and entry-level opportunities. Positions will span corporate, manufacturing, assembly, and quality assurance functions.