Peloton to build first US factory in Ohio
By
Reuters
Published
May 24, 2021
Updated
May 24, 2021, 1:28 p.m. ET
Home fitness equipment maker Peloton Interactive said on Monday it would build its first factory in Ohio and start production in 2023.
Peloton said it would commit about $400 million to the facility.
The New York-based company will break ground in summer 2021 and create about 2,000 jobs, CNBC first reported.
Peloton had a product recall earlier this month because of child safety concerns.