Another Moto Business Bails Out Of California
Fox Factory Holding Corp. home of Fox Shox, is shifting its Powered Vehicles Group operations to Georgia. Fox Factory (not to be confused with Fox Head Inc./Fox Racing) also plans to relocate corporate HQ from Scotts Valley, California, to Georgia by the end of the year. Additionally, Fox plans to relocate its aftermarket bike products distribution, sales, and service operations from Watsonville and Scotts Valley, California, to Reno, Nevada.
“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,” claims Fox Factory CEO Larry Enterline. “The decision to expand our manufacturing and operations, relocate our headquarters, and move our aftermarket bike operations was the result of extensive research by our team and will better support the needs of our growing business over the next several years.”
FOX plans to invest nearly $50 million in capital expenditures and employ up to 800 people in Georgia. “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,” says Georgia Governor, Nathan Deal. “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 and create even more opportunities in the Hall County community.”
The first phase of the the 23-acre campus in Hall County, Georgia is expected to be completed in early 2020, and will be used for manufacturing, warehousing, distribution, and office space. The Company’s Scotts Valley, California location will remain an essential shared services facility housing certain corporate functions.
