US: Chobani to open second US plant
Chobani is set to open a new plant in Twin Falls, Idaho.
Chobani, the Greek yoghurt brand owned by US manufacturer Agro Farma, is set to open a second manufacturing plant in the US, creating 400 jobs.
The company said yesterday (3 November) it plans to invest over US$100m to build a production facility in Twin Falls, Idaho. Chobani added that the new plant will enable consumers to find Chobani products in more stores and "bring exciting product innovations to market".
Chobani founder and CEO Hamdi Ulukaya said Twin Falls was selected because of its milk supply and labour force. The plant is expected to be operational next year.
"We anticipate Chobani's planned investment to result in an additional $200m in regional sales," Ulukaya added.
Chobani said the new Twin Falls site will not impact plans to move forward with their announced expansion for the company's New York manufacturing plant.
Greek yoghurt is a growth category in the US consumers. In 2010, it is estimated that sales were up 7-9%, with the market worth around $6.57bn, up from $4.56bn in 2005.
- Why Arla upbeat about LatAm prospects
- M&A Watch - Could Cloetta be takeover target?
- Comment: Can Applegate retain trust under Hormel?
- Sweets & Snacks Expo: just-food's pick
- Focus: Why Dairy Crest needs to offload dairies
- Yildiz eyeing further deals - reports
- Weetabix gets new private-equity investor
- PAI, Pamplona "eyeing Bakkavor stake"
- Food industry news of week: GMOs, Arla, Mondelez
- FrieslandCampina ends Bongrain German tie-up
- Successful New Product Development Strategies in the Food, Drinks and Personal Care Market
- ALDI 2015: Radically transforming Anglo Saxon grocery markets
- The Future of the Ice Cream Market in the United Kingdom to 2019
- Marks & Spencer (Asia Pacific) Ltd in Retailing (Hong Kong, China)
- Consumer Foodservice in Indonesia