Chobani says it has grown approximately 20% annually over the past three years, giving the company confidence to continue investing in its future. In Allentown, Chobani will build on 20 years of dairy expertise to do more with farm-fresh milk, creating milk with more protein and less sugar than traditional milk. It will be available as a multi-serve milk for families and serve as the foundation for a new generation of dairy products, including high-protein shakes made with real ingredients.

Allentown's location provides another major advantage. The facility sits within 500 miles of approximately 40% of the U.S. population, providing access to some of the country's largest consumer markets and helping Chobani reliably bring its products to families across the country.

With plans for up to 10 production lines, Allentown will give Chobani the capacity to scale new products while continuing to develop new formats and food and beverage platforms, moving innovation from idea to shelf faster.

"When I first walked through this factory, I knew there was something special here,” says Hamdi Ulukaya, founder and CEO of Chobani. “The facility, the equipment, the scale, but most importantly, the people. There's already an incredibly talented team here that knows how to make great food. The foundation is strong. And we have an opportunity to build something extraordinary on top of it. Then you look outside and see what surrounds it. Pennsylvania has generations of dairy families producing some of the best milk in America. That means everything to me. It reminds me of Upstate New York, where we started Chobani and where dairy farmers have been part of our story for more than 20 years."

Pennsylvania is home to more than 4,300 dairy farms and a deep agricultural and manufacturing tradition. Chobani's investment in Allentown will create new demand for Pennsylvania milk and its dairy farmers, as well as strengthen the businesses, suppliers and communities surrounding the dairy industry.

At full capacity, the Allentown facility is expected to source more than 3 billion pounds of Pennsylvania milk annually.

The Allentown transaction is also part of a broader strengthening of the relationship between Chobani and KDP, including Chobani taking over operations at the Allentown facility, the repurchase of KDP's equity stake in Chobani and an expanded distribution partnership. KDP's company-owned direct store delivery network reaches approximately 80% of the U.S. population, creating opportunities to bring Chobani products to more consumers across the country.

KDP will retain some current employees at the facility, while all others will receive offers to join Chobani, providing continuity for employees and their families.

"These transactions reflect the success of our partnership with Chobani and are designed to create value for both organizations," says KDP CEO Tim Cofer. "Together, they enhance our financial flexibility, strengthen the efficiency of our manufacturing network and support the expansion of our important distribution partnership with Chobani. This change also positions the Allentown facility for continued growth under an owner whose strategic priorities are well matched to the site, while ensuring continuity for our brands, customers and employees."

Allentown is part of more than $4 billion Chobani is investing across its U.S. manufacturing network to build the capacity and capabilities needed for its next chapter of growth. Alongside Allentown, Chobani is investing in a new dairy processing facility in Rome, New York; expanding its manufacturing operation in Twin Falls, Idaho; improving its original site in New Berlin, New York; and expanding its Norton Shores, Michigan facility, which produces La Colombe beverages.