On Monday, exercise equipment and media company Peloton Interactive said that it plans to build its first U.S. factory in Troy Township in Wood County, Ohio.
The company expects that the factory will begin making Peloton Bike, Bike+ and Peloton Tread starting in 2023.
According to Peloton, it will commit $400 million to the facility, which will span more than 200 acres and have more than 1 million square feet of space. The facility is expected to create more than 2,000 new jobs.
In April, one of Peloton’s treadmills was slapped with an urgent safety warning after several people were injured and a child died.