Chobani plans to build $1.2B dairy operation in eastern Pa., creating 900 jobs
Greek yogurt maker Chobani is investing $1.2 billion to build a major new dairy manufacturing campus in the Lehigh Valley. The 1.5 million-square-foot facility in Upper Macungie Township will feature 10 production lines and create 900 jobs. Chobani is purchasing the site as part of a corporate restructuring that includes Keurig Dr Pepper selling its equity stake and manufacturing site back to the yogurt maker. Political leaders and agricultural groups, including Governor Josh Shapiro, the Pennsylvania State Grange, and U.S. Senator Dave McCormick, have welcomed the project.
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- ✓ Chobani is investing $1.2 billion in a dairy-product manufacturing operation in Pennsylvania.
- ✓ The project involves a 1.5 million-square-foot industrial campus in Upper Macungie Township featuring 10 production lines and 900 planned jobs.
- ✓ Chobani is buying the facility from Keurig Dr Pepper to convert it into a major new growth hub.
- ✓ Governor Josh Shapiro characterized the move as the largest single investment in agriculture in the commonwealth.
What changed
Multiple new sources have corroborated details regarding the exact size, location, and regional stakeholder support for the Lehigh Valley industrial campus.
Live updates
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Chobani Plans $1.2B Lehigh Valley Campus
Greek yogurt maker Chobani is investing $1.2 billion to build a major new dairy manufacturing campus in the Lehigh Valley. The 1.5 million-square-foot facility in Upper Macungie Township will feature 10 production lines and create 900 jobs. Chobani is purchasing the site as part of a corporate restructuring that includes Keurig Dr Pepper selling its equity stake and manufacturing site back to the yogurt maker. Political leaders and agricultural groups, including Governor Josh Shapiro, the Pennsylvania State Grange, and U.S. Senator Dave McCormick, have welcomed the project.
Why it matters
This expansion represents the largest single investment in agriculture in the commonwealth, according to Governor Josh Shapiro. The project anchors Chobani's corporate restructuring involving the acquisition of assets from Keurig Dr Pepper. Regional agricultural and political stakeholders view the initiative as a strong vote of confidence in the local economy.
What is confirmed
- Chobani is investing $1.2 billion in a dairy-product manufacturing operation in Pennsylvania.
- The project involves a 1.5 million-square-foot industrial campus in Upper Macungie Township featuring 10 production lines and 900 planned jobs.
- Chobani is buying the facility from Keurig Dr Pepper to convert it into a major new growth hub.
- Governor Josh Shapiro characterized the move as the largest single investment in agriculture in the commonwealth.
- The Pennsylvania State Grange and U.S. Senator Dave McCormick welcomed the investment.
What to watch next
- Finalization of the corporate ownership restructuring between Chobani and Keurig Dr Pepper.
- Timeline milestones for the construction and opening of the 10 production lines in Upper Macungie Township.
confidence 100%Sources used for this update (4)
- finance.yahoo.com — Chobani Plans $1.2B Lehigh Valley Industrial Campus
- www.ncnewsonline.com — Grange supports Chobani's plans for Pennsylvania
- www.supplychaindive.com — Chobani to spend $1.2B to buy and invest in Pennsylvania plant
- www.yahoo.com — Capitol Roundup: Chobani's $1.2B investment in Lehigh Valley plant a vote of confidence in Pa.
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Chobani to invest $1.2 billion in Pennsylvania dairy operation
Chobani is investing $1.2 billion to build a dairy operation in eastern Pennsylvania, specifically within the Lehigh Valley. The project is expected to create 900 jobs. Governor Josh Shapiro characterized the move as the largest single investment in agriculture in the commonwealth. This expansion coincides with a restructuring of Chobani's corporate ownership, as Keurig Dr Pepper sells its equity stake and a Pennsylvania manufacturing site back to the yogurt maker.
Why it matters
The investment signals a strategic push by Chobani to secure a larger share of Pennsylvania's milk supply. This move follows a partnership shift with Keurig Dr Pepper to align strategic priorities.
What is confirmed
- Chobani is investing $1.2 billion in a Pennsylvania dairy operation.
- The new project will create 900 jobs.
- The facility will be located in the Lehigh Valley of eastern Pennsylvania.
- Keurig Dr Pepper is selling its Chobani stake and a Pennsylvania campus.
Still unconfirmed
- Keurig Dr Pepper is selling its stake and site for $925 million.
- Keurig Dr Pepper is selling its equity stake back to Chobani for $800 million.
What to watch next
- Confirmation of the final sale price for the Keurig Dr Pepper stake
- Specific construction timelines for the Lehigh Valley plant
confidence 90%Sources used for this update (10)
- Bloomberg.com — Chobani Plans Milk Expansion With $1.2 Billion Plant Investment
- WHYY — Dairy company Chobani announces $1.2B investment in Pennsylvania
- WSJ — Keurig Dr Pepper to Sell Chobani Stake, Pennsylvania Campus for $925 Million
- Reuters — Keurig Dr Pepper to sell back Chobani stake, manufacturing site for $925 million
- LehighValleyLive.com — Chobani plans to build $1.2B dairy operation in eastern Pa., creating 900 jobs
- Inquirer.com — Chobani to invest $1.2 billion in Pennsylvania and create 900 jobs
- The Morning Call — Yogurt maker Chobani to invest $1.2 billion, create 900 jobs in Lehigh Valley
- Food Dive — Keurig Dr Pepper sells equity stake back to Chobani for $800M
- PR Newswire — Keurig Dr Pepper Advances Strategic Priorities Through Enhanced Partnership with Chobani
- www.meadvilletribune.com — Chobani investing $1.2B in Pa. facility, seeks huge share of in-state milk
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