Login

Adidas to Close Its Only US 'Speedfactory' as Shoemaker Shifts Work to Asia

Exclusive: State of Georgia May Claw Back Certain Incentives
Sneaker maker Adidas is discontinuing production at its "Speedfactory" site in Georgia. (Getty Images)
Sneaker maker Adidas is discontinuing production at its "Speedfactory" site in Georgia. (Getty Images)
CoStar News
November 11, 2019 | 9:29 P.M.

When global shoemaker Adidas selected the Atlanta area three years ago for its only U.S. factory designed to quickly crank out new products, Georgia and local public officials hailed the announcement as a big win. In terms of jobs and any state grants awarded for the project, the victory may be short-lived.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE