Groundbreaking held for Peloton plant in Troy Twp.

A ground breaking for the Peloton Output Park in Troy Township was held Aug. 9 with state and local officials joining company management for the ceremony.
Peloton Output Park will sit on 200 acres and include more than one million square feet of manufacturing, office and amenities space.
The company plans to invest $400 million in the facility which will manufacture the Peloton Bike, Bike+ and Peloton Tread.
The Troy Township facility will be the latest addition to the company’s global manufacturing network that includes third-party partners in Asia and Peloton’s own facilities, the company said.
With the Peloton Output Park, the company will have more than 1 ½ million square feet of owned and leased manufacturing space in the U.S., including the Precor facilities in North Carolina and Washington.
The company expects to add more than 2,000 jobs when the Troy Township project is up and running.
William Lynch, Peloton president, announced the company is partnering with the Local Initiatives Support Corporation and the Wayman D. Palmer Community YMCA in Toledo by installing Peloton connected fitness equipment later this year at the YMCA.