Idaho

Bringing the Economy Home

“At Chobani, The Turkish King Of Greek Yogurt”

Chobani’s Twin Falls facility started producing yogurt back in December. The Twin Falls plant is Chobani’s second American facility.


Chobani has made Ulukaya a billionaire, according to Bloomberg data. Five years ago Chobani had almost no revenue. This year, the company will sell more than $1 billion worth of yogurt, says Ulukaya, who’s the sole owner. Once a niche business, Greek yogurt now accounts for 36 percent of the $6.5 billion in total U.S. yogurt sales, according to investment firm AllianceBernstein (AB). Upstate New York, with its 28 plants owned by Chobani, Fage, Yoplait maker General Mills (GIS), and others, has become something like the Silicon Valley of yogurt.

Read more at: www.businessweek.com

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