Connected fitness equipment manufacturer Peloton announced plans to build the first of its own manufacturing facilities in the US, in Troy Township, Ohio, investing USD 400 million. 

The proposed facility will produce both bikes and treadmills and will be powered by renewable energy. Peloton expects to employ more than 2,000 workers in the Troy Township area across corporate, manufacturing, assembly, and quality assurance functions.

The facility’s construction is set to commence this summer (June–August), with commercial operations expected to begin by 2023. The plant is proposed to spread across more than 1 million sq. ft., including manufacturing, office, and amenities spaces.

Currently, the company manufactures fitness equipment in third-party facilities in Asia. Peloton intends to commence production in the US by the end of 2021 through the manufacturing factories owned by its subsidiary, Precor, located in North Carolina and Washington.

Peloton believes this would help reduce the order-to-delivery windows further, an issue the company faced amid the Covid-19 pandemic. The company has taken several steps to overcome the problem, including investing USD 100 million earlier this year to expedite shipments.

Peloton offers connected bikes “Peloton Bike” and “Bike+,” and treadmills “Tread” and “Tread+.” In addition, it provides a paid subscription offering users on-demand workout classes led by instructors from home as well as live-streamed classes in a group setting. Its products are currently available in the US, Canada, the UK, and Germany.