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Peloton Sells $400 Million Ohio Factory It Never Used to First Solar

Solar Technology Giant To Repurpose 1.2 Million-Square-Foot Campus Into Distribution Hub
Peloton picked Ohio in 2021 to house its first U.S. manufacturing plant before selling the never-used facility after demand for home exercise equipment plummeted. (CoStar)
Peloton picked Ohio in 2021 to house its first U.S. manufacturing plant before selling the never-used facility after demand for home exercise equipment plummeted. (CoStar)
By Lauren Roberts, CoStar News Staff
CoStar Research
January 23, 2024 | 5:28 P.M.

A $400 million factory in Ohio that exercise equipment and media company Peloton built at the height of the pandemic but never used has been sold to First Solar for a new distribution campus.

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