Chobani Invests $1 Billion in New Greek Yogurt Facility in Rome, NY

News Summary

Chobani has announced a $1 billion investment to establish a new Greek yogurt manufacturing facility in Rome, New York, creating over 1,000 jobs. This facility aims to process over 12 million pounds of milk daily, contributing significantly to the local economy. The investment is supported by state tax credits and workforce training initiatives to assist underserved communities, marking a transformative opportunity for the area.

Rome, New York

Chobani has announced a groundbreaking investment of $1 billion to build a new Greek yogurt manufacturing facility at the Griffiss Triangle Site in the City of Rome, New York. The announcement comes from Governor Kathy Hochul, who revealed the plans during a press conference that included representatives from federal, state, and local governments. This investment marks what U.S. Senator Chuck Schumer describes as the largest investment in natural food manufacturing in American history, and it is expected to create more than 1,000 new jobs for the local community.

The new manufacturing facility will encompass 1.4 million square feet, making it the largest single development in Rome in decades. As the facility reaches full operational capacity, it is projected to process over 12 million pounds of milk daily, which will significantly contribute to local dairy farming and the overall economy of the region.

Investment Rationale and Local Impact

Chobani’s decision to establish its new facility in Rome was driven by several factors, including the availability of a skilled workforce, affordable housing options, and state resources aimed at supporting job creation. Governor Hochul emphasized that this project is part of a broader strategy to revitalize the manufacturing sector in Upstate New York.

To support this investment, Empire State Development has committed to offering Chobani up to $73 million in performance-based Excelsior Jobs Program tax credits, contingent on the company meeting its job creation targets. In addition to job creation, Chobani plans to implement workforce training programs that focus on assisting underserved communities, ensuring that local residents benefit from the job opportunities generated by the new facility.

Community and Economic Benefits

Local officials and community leaders have expressed strong support for Chobani’s investment, describing it as a generational win for the region. State Senator Joseph Griffo highlighted the economic opportunities this investment will bring to Upstate New York, while other officials, including Assemblymember Marianne Buttenchon and Oneida County Executive Anthony Picente, praised the announcement for its potential to transform local job markets and inspire economic growth.

Moreover, the Northeast Dairy Producers Association has commended Chobani’s decision to invest in New York, emphasizing the quality of local dairy farms and their contributions to the state’s economy. Overall, this investment is seen not only as a boost to the local job market but also as a means of fostering long-term relationships between Chobani and local dairy producers.

Background on Chobani

Founded 20 years ago, Chobani has become a significant player in the yogurt manufacturing industry, particularly in the production of Greek yogurt. This new facility will continue the company’s growth trajectory and commitment to the community where it started. Chobani’s founder, Hamdi Ulukaya, has reaffirmed the company’s dedication to expanding in New York and contributing to the state’s economic landscape.

In addition to the primary investment, Chobani is also allocating $250,000 to support various infrastructure projects in its local communities, specifically in central New York and Idaho. This initiative underscores the company’s commitment to investing in the welfare and growth of the communities surrounding its operations.

Conclusion

The combination of job creation, significant investment in manufacturing, and collaboration with local entities positions Chobani’s new facility as a landmark development for Rome, New York. This investment is expected to have a lasting impact on the local economy, improving job opportunities and enhancing community infrastructure for years to come.

Deeper Dive: News & Info About This Topic

HERE Resources

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Chobani Invests $1.2 Billion in New Rome, NY Facility
Syracuse Unveils New INSPYRE Innovation Hub
Chobani to Build $1.2 Billion Yogurt Facility in Rome, NY
Chobani to Build New Yogurt Factory in Rome, New York
Chobani Invests $1.2 Billion in New Yogurt Facility in Rome
Chobani to Establish New Yogurt Manufacturing Facility in Rome, NY
Chobani Invests $1 Billion in New Manufacturing Facility in Rome, NY
Chobani Announces New Manufacturing Plant in Rome, NY
Chobani Invests $1.2 Billion in Rome, N.Y.

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Author: HERE New York

HERE New York

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