Gov. Nathan Deal today announced that Fox Factory Holding Corp., a designer and manufacturer of performance-defining, ride dynamics products primarily for bicycles and powered vehicles, expects to create up to 800 jobs and invest up to $50 million in new Georgia facilities including the relocation of its corporate headquarters to Georgia. The 23-acre site will diversify the company’s manufacturing platform and provide additional long-term capacity to support growth in its Powered Vehicles Group.
“Georgia provides the business environment and skilled workforce for innovative companies like Fox Factory Holding Corp. to enjoy long-term success and compete worldwide,” said Deal. “By relocating its headquarters to Georgia and expanding its facilities in Hall County, the company will continue to enjoy the benefits of the No. 1 state for business, including our expansive logistics infrastructure and a low-tax climate conducive to manufacturing. I am encouraged to see yet another industry leader choose to expand operations here, as Fox Factory Holding Corp.’s investment will produce meaningful results for Georgia and create even more opportunities in the Hall County community. I congratulate Fox Factory Holding Corp. on its growth and we look forward to many more years of this successful partnership.”
The first phase of the Hall County project is expected to be completed in early 2020. When complete, the new facility will be used for manufacturing, warehousing, distribution and office space. Fox Factory Holding Corp. is expected to relocate its corporate headquarters from Scotts Valley, California, to its existing offices in Georgia by the end of 2018.
“We are pleased to announce our new state-of-the-art campus in Hall County, Georgia,” said Larry L. Enterline, CEO of Fox Factory Holding Corp. “This new site will allow us to add an additional world-class manufacturing operation for our Powered Vehicles Group that we intend to be ISO9001 and IATF 16949 certified, and will increase our ability to better serve our OEM customers and on-road aftermarket business.”
Georgia Department of Economic Development (GDEcD) Director of Advanced Manufacturing Mike Grundmann represented the Global Commerce Division in partnership with the Greater Hall Chamber of Commerce (GHCC) and Georgia EMC.
“Fox Factory Holding Corp. is the leader in innovation and performance brands where they compete, and we are excited to welcome the company to Hall County,” said GHCC Vice President of Economic Development Tim Evans.
“The decision by Fox Factory Holding Corp. to locate in Hall County speaks volumes about the quality of our workforce and our business-friendly environment,” said GDEcD Commissioner Pat Wilson. “Georgia’s business assets make it the perfect home for manufacturers, and I am excited about the many job opportunities Fox Factory Holding Corp. is creating for our citizens.”
About Fox Factory Holding Corp.
Fox Factory Holding Corp. designs and manufactures performance-defining, ride dynamics products primarily for bicycles, on-road and off-road vehicles and trucks, side-by-side vehicles, all-terrain vehicles, snowmobiles, specialty vehicles and motorcycles. Currently headquartered in Scotts Valley, California, the company is a direct supplier to leading power vehicle original equipment manufacturers (OEMs). Additionally, Fox Factory Holding Corp. supplies top bicycle OEMs and their contract manufacturers, and provides aftermarket products to retailers and distributors.