Chobani, the US food and beverage manufacturer, has announced plans to invest approximately $1.2 billion over the next five years to establish a 1.5-million-square-foot manufacturing and warehouse campus in Allentown (PA). The expansion includes acquiring an existing Allentown manufacturing facility and warehouse from Keurig Dr Pepper (KDP). First opened for production in 2021, the facility will be equipped with new technology and up to 10 production lines. The site is …
Chobani
Chobani, the US food and beverage manufacturer, is to invest $567 million in the expansion of its La Colombe coffee production facility in Norton Shores (MI). According to the Michigan Economic Development Corporation (MEDC), the project involves adding more than 200,000 sq ft (approximately 18,580 sq m) of production space to the existing site. The expansion is expected to create 337 new jobs in the region while retaining 312 existing …
Chobani, the leading US greek yoghurt firm, has announced the acquisition of Daily Harvest, a plant-based frozen smoothie and meals start-up, for an undisclosed amount. Founded in 2015, Daily Harvest is a New York-based company operates through a direct-to-consumer model, aiming to provide convenient, organic options rich in fruit and vegetables. Commenting on the move, Daily Harvest CEO Ricky Silver said: “I’m excited to share a new chapter in our journey. …
Chobani, the Greek yoghurt specialist, has announced plans to invest $1.2 billion in upstate New York to build its third US dairy processing plant. The new plant, under construction on a 150-acre site, will cover 1.4 million sq ft and is expected to help Chobani drive innovation and meet growing demand. The site will have the capacity to generate over 1 billion lb (450 million kg) of dairy goods per annum. …
Chobani, the Greek yoghurt specialist, has announced plans to invest $500 million to expand its plant in the city of Twin Falls (ID). The investment will reportedly bring over 500,000 sq ft of new space, with the expanded plant covering 1.6 million sq ft and housing 24 production lines, increasing productivity by 50%. The investment is described as the biggest in the company’s history. “Over a decade ago, this empty stretch …
Chobani, the leading US greek yoghurt firm, has announced the acquisition of La Colombe, an American coffee roaster, for $900 million. Founded in 1994, La Colombe is described as crafting premium roasts from bean to cup, reaching consumers through retail stores, cafes, food service providers, and direct-to-consumer platforms. The deal comes a matter of months after Keurig Dr Pepper announced a 33% ownership stake in La Colombe, which included a …
Chobani, the second-largest yoghurt maker in the US, has announced the launch of a new oat-based range as it expands its offering in the non-dairy space. Called simply Chobani Oat, the new line will include oat-based yoghurt, due for launch next month, and oat-based milks due for launch in January next year. It is also launching a “barista blend” product designed to behave like steamed whole milk in coffee and tea. …
Chobani, the leading US greek yoghurt firm, has announced the launch of the company’s first plant-based product line under the name Chobani Non-Dairy. Claimed to be “packed” with probiotics and to contain 25% less sugar than other non-dairy brands, Chobani Non-Dary is described as a coconut-based blend with “only natural ingredients” and “real fruit” for a creamy texture and a refreshing taste. The line is available as Blueberry, Peach, Slightly Sweet Plain, Strawberry …
Chobani, the Greek yoghurt specialist, has announced plans to incrementally invest $100 million to expand capacity at its plant in Twin Falls, ID, USA, as the company looks to diversify its product range into new areas. According to a report in Food Business News, the investment includes the purchase and conversion of three production lines, as well as a new bulk production line for foodservice. The move will enable the …
Long-standing food and beverage rivals PepsiCo and Coca-Cola are tussling over a stake in yoghurt-maker Chobani, according to a source quoted by Reuters. According to the agency’s source, PepsiCo and Coca-Cola are among the companies in discussion to seal a deal that Chobani hopes could value the company at around $3 billion, the source reports. The Greek style yoghurt maker is exploring the sale of a minority stake, including warrants …
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