Peleton is abandoning its plans to build a manufacturing plant outside Toledo, and will instead rely on third-party manufacturers to make its exercise equipment, the company announced Tuesday.
Gov. Mike DeWine along with members of his administration attend groundbreaking ceremony near Toledo for what was to be Peloton's first dedicated U.S. manufacturing center. TOLEDO, Ohio — Peloton is abandoning its plans to build a manufacturing plant outside Toledo, and will instead rely on third-party manufacturers to make its exercise equipment, the company announced Tuesday.
The announcement came in a news release that also announced leadership changes and the elimination of 2,800 jobs worldwide. Note to readers: if you purchase something through one of our affiliate links we may earn a commission.
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