Chobani investing $1B+ in Allentown, PA dairy facility

Key Points:

• Chobani is investing $1.2 billion to build a dairy production facility in Pennsylvania, projected to create 900 jobs over the next five years, marking the largest private investment in the state's agriculture industry.
• The new 1.5 million-square-foot facility in Allentown, which opened in 2021, will produce nearly 3 billion pounds of milk annually and is strategically located within 500 miles of about 40% of the U.S. population.
• Pennsylvania is supporting Chobani with $50 million in loans and grants through the PA SITES program, along with $127 million available to dairy farmers to meet increased demand.
• Chobani founder Hamdi Ulukaya praised Pennsylvania's quality milk and skilled workforce, emphasizing the company’s commitment to building on the existing strong foundation.
• In addition to the Pennsylvania expansion, Chobani plans to grow its Norton Shores, Michigan facility, which produces La Colombe beverages, following its 2023 acquisition of Philadelphia-based La Colombe for $900 million.