NORWICH, N.Y. — Chobani, L.L.C. is expanding its Twin Falls, Idaho, yogurt plant with the addition of a 70,000-square-foot facility that will house the company’s global research and development team. The new facility will come on-line next summer.
|Hamdi Ulukaya, founder and c.e.o. of Chobani
“I’m grateful for the specialness we share with the people of the Magic Valley,” said Hamdi Ulukaya, founder and chief executive officer of Chobani. “Twin Falls is one of those special places where there’s a strong entrepreneurial mindset, the people are incredible, and a handshake truly means something. It’s a special ecosystem when it comes to food making. Our home in Idaho is not only a celebration of our employees and our community, but is also a space to inspire creativity, drive even more innovation and take us further on our mission to bring better food to more people.”
Chobani commissioned the Twin Falls plant in 2013, investing more than $450 million to build the 1-million-square-foot facility. In March 2016, the company announced a $100 million expansion at the plant, including purchasing and converting three product lines for Chobani Flips products, a new production line and a new bulk production line for food service opportunities, and purchasing equipment for new categories such as dips and yogurt beverages.
The latest expansion will sport a sustainable design, including “smart glass” windows that enhance natural light and reduce use of heating and air conditioning. Other features of the facility include a fitness center and gathering space for employees.
Over the past five years, Chobani has invested more than $1 billion across all three of its plants, which also includes one in upstate New York and one in Australia.“Our double-digit growth in the past year derived from record distribution, production and increased market share, generating an annual revenue of more than $1.5 billion,” the company said. “Our current market share of the overall yogurt category is up to 20.2%, which translates to a 39.2% share of overall Greek yogurt.”