**Londonderry, New Hampshire – June 21, 2023**.
New Balance, a leading global athletic footwear, apparel, and accessories brand, today announced the groundbreaking of its new state-of-the-art manufacturing facility in Londonderry, New Hampshire. The new facility, which represents a significant investment in New Balance’s domestic manufacturing capabilities, is expected to commence operations in 2024 and will play a pivotal role in the company’s long-term growth strategy..
**A Manufacturing Powerhouse in the Heart of New Hampshire**.
The new manufacturing facility in Londonderry will encompass approximately 400,000 square feet and house cutting-edge technologies and equipment. It will be equipped with advanced production lines, automated processes, and innovative manufacturing techniques, enabling New Balance to produce a significant portion of its footwear products in the United States. The facility will also feature a dedicated research and development center, fostering innovation and driving product advancements..
**A Commitment to Domestic Manufacturing and Job Creation**.
This investment underscores New Balance’s unwavering commitment to domestic manufacturing and its belief in the importance of bringing production closer to consumers. The Londonderry facility will create hundreds of new jobs in the region, contributing to economic growth and providing opportunities for local workers. New Balance is dedicated to providing its employees with competitive wages, comprehensive benefits, and a supportive work environment..
**Strengthening New Balance’s Global Leadership in Athletic Footwear**.
The new manufacturing facility in Londonderry represents a strategic move for New Balance to strengthen its position as a global leader in athletic footwear. By expanding its domestic manufacturing capabilities, the company will be able to better respond to market demands, enhance product quality, and reduce lead times. New Balance is committed to delivering high-quality, innovative products to its customers worldwide, and the Londonderry facility will play a vital role in achieving this goal..
**A Longstanding History of Manufacturing Excellence**.
New Balance has a rich heritage of domestic manufacturing, dating back to its humble beginnings in Boston, Massachusetts, in 1906. The company’s commitment to producing high-quality footwear in the United States has remained steadfast over the decades, and the new Londonderry facility is a testament to this enduring commitment. New Balance is proud to be a part of the American manufacturing landscape and to contribute to the vitality of local communities..
**A Bright Future for New Balance and the Footwear Industry**.
The groundbreaking of the new manufacturing facility in Londonderry marks an exciting chapter in New Balance’s history. The facility will be a hub of innovation, manufacturing excellence, and job creation. It will contribute to the growth and success of the company and the broader footwear industry. New Balance is confident that the Londonderry facility will be a catalyst for positive change and a source of pride for the local community and the entire New Balance family..
