Peloton Is Building Its First Manufacturing Facility in the U.S.
After grappling with supply chain constraints that limited sales for many quarters, Peloton (NASDAQ: PTON) is now preparing to construct its first manufacturing facility in the U.S. to streamline logistics and product deliveries. The connected fitness technology company announced this week that it has picked Troy Township in Ohio to be the site of a new factory called Peloton Output Park (POP), which will produce the Bike, Bike+, and Tread.
Here's what Peloton investors need to know.
Image source: Peloton.
Source Fool.com
