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Peloton to build first US factory after supply problems


Peloton to build first US factory after supply problems

May 26, 2021 at 9:59 AM

Peloton is set to build its first US factory after demand for its at-home exercise equipment soared during the pandemic.

The fitness firm's manufacturing facility will begin construction in Ohio later this year, creating about 2,000 jobs.

"We are thrilled to bring a good portion of our manufacturing to United States soil," its boss John Foley said.

Production is expected to start in 2023.

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