Peloton Readies $400M Output Park US
May 24, 2021
Interactive plans to build its first U.S. factory. After a rigorous selection
process, Peloton selected Troy Township in Wood County, Ohio for the site of
Peloton Output Park (POP), a state-of-the art factory that will be dedicated to
producing Peloton's award-winning Peloton Bike, Bike+ and Peloton Tread starting
in 2023. Peloton expects to break ground on the site later this summer.
Throughout the multi-year development, Peloton will commit approximately $400
million to the facility.
"We are thrilled to bring a good portion of our manufacturing to United States
soil and proud that it will be in the great state of Ohio," said Peloton's CEO
and co-founder John Foley. "While we will continue to invest in our Asian
manufacturing footprint as well as our existing facilities in the U.S. via our
Precor sites, the new Peloton Output Park gives us a massive strategic lever to
make sure we have capacity, quality, and economies of scale in our bike and
tread product lines, to support our continued growth for years and years to
come. We are incredibly excited to meet and welcome the Troy Township community
into the Peloton family fold."
Investing in American manufacturing
Peloton Output Park is expected to sit on over 200 acres and have more than one
million square feet of manufacturing, office, and amenities space, making it one
of the largest connected fitness manufacturing plants in the world. The facility
will be built from the ground up in the center of Troy Township and house the
latest in industrial technology and automation to make products more efficiently
and to ensure quality unit assembly. On campus, Peloton plans to incorporate
renewable energy sources to power its operations.
pandemic has demonstrated the need to on-shore manufacturing and rebuild supply
chains, and Peloton's decision to build its first North American manufacturing
facility in Ohio is a great example of an American company stepping up and
leading that effort," said Ohio Governor Mike DeWine. "Ohio is excited to
partner with Peloton's forward-looking leadership team in developing a new,
state-of-the-art facility using connective technology, and creating 2,174 new
manufacturing jobs in Wood County."
Peloton Output Park will be the latest addition to the company's growing global
manufacturing network that includes third-party partners in Asia and Peloton's
own facilities. Peloton will have more than one and a half million square feet
of owned and leased manufacturing space just in the United States, including the
Precor facilities in North Carolina and Washington state.
Growing the Peloton team and community
Over the next few years, Peloton expects to add over 2,000 jobs to the Troy
Township area across executive, managerial, and entry-level opportunities.
Positions will span corporate, manufacturing, assembly and quality assurance
In addition to the active manufacturing floor, Peloton has plans to build ample
office space for new team members including a fitness center with the latest
connected fitness equipment and a team lounge with plenty of room to
Peloton Output Park will also be open to the Troy Township and larger Midwest
community. The company plans to host facility tours and open an on-site
showroom. Customers will also have the option to check-out Peloton products
Peloton's site selection in Troy Township is contingent upon final approvals
from state and local officials. The company is working closely with community
leaders, such as JobsOhio, the Ohio Development Services Agency and the Regional
Growth Partnership, to bring the project to Wood County and make sure this new
location complements the existing Troy Township community.