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    Peloton announces first factory in the US

    Peloton On Monday, fitness equipment maker Peloton announced it will open its first dedicated factory in the US. The Peloton Output Park — “the POP,” for short — will manufacture the Peloton Bike, Bike Plus and Tread products. The factory, set to be functional by 2023, will be built in Troy Township in Wood County, Ohio. The new factory will sit on over 200 acres of land, provide around 2,000 jobs to the region and use renewable energy sources, according to a press release. “The 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…