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FOX To Expand, Relocate Headquarters To Georgia
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Fox Factory Holding Corp. (FOX) announced that it has agreed to purchase a 23-acre site in Hall County, Georgia, to diversify its manufacturing platform and provide the additional long-term capacity to support growth in its Powered Vehicles Group.
FOX also plans to relocate its corporate headquarters from Scotts Valley, California, to its existing offices in 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, to better serve its customers.
The first phase of the Hall County, Georgia, project is expected to be completed in early 2020. The facility 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.
FOX believes the creation of a campus environment in Hall County, Georgia will allow its Powered Vehicle Group to continue to grow efficiently and foster increased innovation and collaboration between its teams and customers. FOX plans to invest up to $50 million in capital expenditures and employ up to 800 personnel over the next five years, dependent on market and general economic conditions in Georgia.
“We are pleased to announce the plans for a new state of the art campus in Hall County, Georgia,” FOX Chief Executive Officer Larry L. Enterline said. “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.”
FOX also plans to relocate its corporate headquarters from Scotts Valley, California, to its existing offices in 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, to better serve its customers.
The first phase of the Hall County, Georgia, project is expected to be completed in early 2020. The facility 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.
FOX believes the creation of a campus environment in Hall County, Georgia will allow its Powered Vehicle Group to continue to grow efficiently and foster increased innovation and collaboration between its teams and customers. FOX plans to invest up to $50 million in capital expenditures and employ up to 800 personnel over the next five years, dependent on market and general economic conditions in Georgia.
“We are pleased to announce the plans for a new state of the art campus in Hall County, Georgia,” FOX Chief Executive Officer Larry L. Enterline said. “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.”
