Chobani, one of the largest yogurt producers in the United States has announced that it will be constructing a US$1.2 billion plant in Rome, Oneida County. This is one of the largest yogurt plant investments in the nation. It will make New York the number one producer in the country. Along with the large investment announcement, the company also stated that the project is expected to bring numerous benefits to the community. These benefits include the employment of over 1,000 locals during production which will help support numerous families across the state.
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The plant will be built in the Griffiss Business and Technology Park, located in Rome. The Chobani yogurt plant will take up 1.4 million square feet. Additionally, the plant will be able to process over a billion pounds of yogurt and other dairy products yearly. Furthermore, the company has been offered US$73 million in state tax credit for the plant. The location of the billion-dollar plant is also significant as there are over 3,000 dairy farms in New York. They all produce over 16 billion pounds of milk each year which will be to Chobani’s benefit as this is their main ingredient.
Project Overview
Location: Griffiss Business and Technology Park, Rome, New York
Project cost: US$1.2 billion
Scope: 1.4 million square feet
Chobani’s Position in the Yogurt Market
With a market share of 20% in the United States, the company was established in New York state nearly two decades ago. It has since grown tremendously. Further, it also recently announced a US$500 million expansion plan for their facility in Twin Falls Idaho. This upgrade is set to bring the factory to the same level as the planned Rome facility. Additionally, it operates two factories in Chenango County. These include the original plant in South Edmeston and the second plant in New Berlin. The company currently has approximately 500 employees in New York alone but once the plant is completed, the number is set to triple.
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