Rapidly Collapsing Exercise Bike Company Ghosts Ohio

Peloton will not be building a $400 million factory and over 2,000 jobs to Wood County after all.

Peloton, the exercise bike for when you need a gift that suggests your beautiful girlfriend needs to shed a few pounds to keep daddy happy, looked to be in perfect position to capitalize on the pandemic pushing millions of Americans into the okey-doke that is working from home.

The bike company had a problem, though. Due to the supply chain crunch, new P…