New Balance has announced a $65 million investment to expand its current athletic footwear manufacturing facility in Skowhegan, Maine. The expansion consists of an 11,150-sqm single-story addition to the existing five-story factory building, set for completion by the end of 2024, with around 1,900 sqm of the existing building also being renovated. Manufacturing operations will continue during the construction phase.
The investment will double the plant’s production capabilities and add 200 new jobs. New Balance Skowhegan currently employs around 270 people producing the brand’s MADE 996, 997, 998, and 1300 shoe models. The Skowhegan facility was purchased by New Balance in 1981.
Including Skowhegan, New Balance owns five manufacturing facilities in Maine and Massachusetts with a combined workforce of around 1,300 people. The company opened its fifth U.S. athletic shoe factory in Methuen, Massachusetts, in 2022. The new investment “reflects New Balance’s strong commitment to domestic manufacturing,” the company said.
