The story
Founded by Hamdi Ulukaya in 2005, in New Berlin.1
Establishment and early years
Chobani was founded by Hamdi Ulukaya, a Turkish businessman, activist, and philanthropist who emigrated to the United States in 1994. Ulukaya said the name Chobani comes from the Greek word “chopani”.
Chobani was inspired by Ulukaya's childhood spent raising sheep and goats and making cheese with his family. Not impressed by the yogurt options available in the US, Ulukaya made strained yogurt at his home in Upstate New York. He hired a yogurt master from Turkey, with whom he developed his own recipe. Using different bacterial cultures at differing temperatures and fermentation durations, they tested hundreds of recipes to come up with a yogurt with the desired taste, texture, and natural shelf life. Strained yogurt is thicker, creamier and tangier, with a higher protein content, as the whey is strained out. Ulukaya bought a plant in the town of South Edmeston, New York, that was being closed by Kraft Foods; Ulukaya purchased it with a Small Business Administration Loan. Ulukaya hired several of the former Kraft employees and launched his brand in 2007. In 2009, the chain stores Stop & Shop and ShopRite began carrying Chobani, and by the middle of 2009, Chobani was selling 200,000 cases a week. Later that same year, a major breakthrough came when the warehouse club stores BJ's Wholesale Club and Costco began carrying the brand. Ulukaya began adding new product lines to his brand in 2010. By 2010, Chobani realized over $1 billion in annual sales and became the leading seller of Greek yogurt in the U.S.
Later history and expansion
In November 2011, Chobani expanded into Victoria, Australia through the purchase of Victorian dairy company Bead Foods. It then invested $30m to expand the facility and began manufacturing from the Dandenong South plant in December 2012. In 2012, the brand opened its second plant in what became the world's largest yogurt facility in Twin Falls, Idaho, with an initial investment of $750 million. The move created approximately 7,000 jobs, and unemployment rates in the region dropped from 6.3% to 2.4%. Chobani also opened its first brick-and-mortar cafe in SoHo, New York City in July 2012. In 2012, Chobani paid a $130,000 fine to the Susquehanna River Basin Commission for overpumping millions of gallons of water over a six year period without permits, amid claims from neighboring residents that their wells for drinking water had been depleted.
Following the success of its product in Australia, in 2014 Chobani expanded its distribution to Asia and Latin America, beginning with Singapore, Malaysia, and Panama. The company announced plans for the Caribbean as well. In April 2014, Chobani reached a deal with private-equity firm TPG for a $750-million investment, which funded the company's expansion and the launch of a new line of products. In 2014 the company launched Chobani Oats, a blend of Greek yogurt, steel-cut oats and fruit; Seasonal varieties, including watermelon and pink grapefruit; Chobani Indulgent, a dessert yogurt; and a 4%-fat plain Greek yogurt. Chobani introduced its products in Mexico in August 2016.
In 2017, Chobani surpassed Yoplait as the No. 2 manufacturer in overall yogurt. The company also announced a $20 million expansion of the Twin Falls plant, with a 70,000 square-foot facility and a new global research and development center. When Chobani was launched, Greek yogurt made up less than 1% of the yogurt market in the U.S. As of 2017, Greek yogurt accounted for 50% of U.S. yogurt sales.
In September 2022, Chobani withdrew its plans for an initial public offering of more than $10 billion citing current market conditions. It had filed to go public in July 2021. At the time, the company had experienced five consecutive years with net losses, and some investors were concerned that the $10 billion valuation was too high.
In May 2025, the company acquired Daily Harvest and expanded into ready to eat meals. On October 16, 2025, Chobani announced it had secured $0.65B in equity capital to expand production at its facilities in New York and Idaho. The funds will help finance a $500 million plant expansion in Idaho, expected to increase the factory's production by nearly 50%, and the construction of a new $1.2 billion food-processing plant in Rome, New York. With the Idaho plant expansion, the company reached an agreement with a local water municipality to pump an additional one million gallons of water daily from the Eastern Snake River Plain Aquifer, requiring the construction of a Chobani-funded booster pump station to draw more groundwater as well as publicly funded pumps and motors. In 2026, Chobani broke ground on the $567 million expansion of its La Colombe facility in Norton Shores, MI.
From Wikipedia’s article on Chobani, shared under CC BY-SA 4.0.4