India, April 22 -- Chobani, a U.S. dairy brand, revealed plans on Tuesday to build a state-of-the-art $1.2 billion manufacturing plant in Rome, New York.
The new facility, spanning one million square feet, will be the largest dairy plant in the U.S., capable of producing one billion pounds of dairy products annually. This expansion is designed to meet surging demand and will also create over 1,000 jobs, nearly doubling Chobani's workforce in New York.
Since its founding in 2005 in a former Kraft factory, Chobani has grown into one of America's fastest growing food companies. Last year, the company reported net sales of $2.96 billion, marking a 17% increase, and a 26% rise in adjusted pretax earnings to $509 million.
Chobani currently hol...