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Chobani CEO Hamdi Ulukaya Considers Going Public

by  Lillie Apostolos - In an industry that is constantly seeing quick movements and strategic approaches to business handlings, it appears that we could be seeing a change in Chobani in the future after the company’s Founder and CEO Hamdi Ulukaya sat down in discussion with Recode. The businessman shared that he isn’t against taking the yogurt company public, but has no interest in selling it off to a food conglomerate. “What happens is all these little brands, these good brands, as they grow, because of the financial structure, 99 percent of them become part of larger organizations,” he said while speaking at Code Commerce conference in New York City. “When they become part of a larger organization, it’s the end of their promise.”

Chobani Exploring 'Significant' Expansion of Upstate NY Yogurt Plant

South Edmeston, N.Y. -- Chobani is considering building a significant expansion of its yogurt plant in South Edmeston, according to sou rces familiar with the matter.The sources said the expansion is being actively explored and would enable the company to expand products manufactured in the facility. Chobani's yogurt plant on County Route 25 near the Unadilla River employs approximately 1,000 people. The expansion the company is considering could result in the creation of a significant number of additional jobs, the sources said.

Hamdi Ulakaya Backed La Colombe considers selling a stake in the Philly-based coffee company

La Colombe, the premium coffee brand backed by billionaire yogurt mogul Hamdi Ulukaya, has hired Moelis & Co. to explore fundraising options, including the sale of a stake in the company.
The company is seeking a valuation north of $1 billion and is open to selling a minority or majority stake, according to a person familiar with the matter. La Colombe may also decide to take on outside investors in a bid to fuel growth, said the person, who asked not to be identified because the deliberations are private.

Chobani CEO Talks Online Groceries and Yogurt Giveaway

By JOSEPH PISANI AP Retail Writer - In the span of a decade, Chobani went from being in just one supermarket to becoming the country's best-selling yogurt brand. It hasn't all been smooth — the company faces more competition than it used to, and has been embroiled in national debate over its open stance on refugees. As Chobani turns 10, CEO and founder Hamdi Ulukaya talked to The Associated Press about yogurt's place in online grocery delivery, products made from almonds and peas that are moving into the yogurt case and why the company is giving away free yogurts.

Irvin Receives $100,000 Donation from Chobani

CONCORD- W.M. Irvin Elementary students and staff were shocked when Ellen DeGeneres announced that the Chobani Foundation was donating $100,000 to the school for its BackPack program.
Emily Francis, English as a Second Language teacher at W.M. Irvin, traveled to California last week to be on The Ellen DeGeneres Show. Francis was selected as a guest because of her kindness and dedication to her students. A former Cabarrus County Schools Teacher of the Year, Francis moved from Guatemala to the United States when she was 15 and told Ellen she learned English by watching her on television.

The Chobani Way: Insights to Build Culture and Community

Hamdi Ulukaya never thought he would end up running a corporation in the United States. Growing up in a family of dairy farmers in eastern Turkey, the CEO of Chobani dreamed of making a career in public service. A few decades later, Chobani is a billion-dollar company built on a firm footing of social responsibility and inclusive company culture. On the stage at NRF 2018: Retail’s Big Show in New York City, Ulukaya recounted the story of building the business and its unique corporate culture to Terry Lundgren, recently retired executive chairman and chairman of the board of Macy’s Inc.

US-based Turkish Yogurt Tycoon Married in New York

United States based Chobani CEO Hamdi Ulukaya was married with Food Dreams Foundation president Louise Vongerichten, at the Turkish Consulate General in New York with a simple ceremony on Jan. 25. Ulukaya, 45, is of Turkish origin and the founder of the Chobani yogurt firm. His wife, 30, is of French origin and the co-founder of Food Dreams Foundation. The couple will reportedly hold a wedding ceremony in Turkey in summer months.

As Chobani Expands Footprint in Twin Falls, City Reflects on Anti-refugee Backlash

By Patrick Sisson - Curbed.com - For Hamdi Ulukaya, founder and CEO of the Greek yogurt-making giant Chobani, Twin Falls, Idaho, helped his company expand in ways he could barely imagine when he arrived in the United States in 1994 as a Turkish college student who didn’t speak English. The small city of 48,000 in the Magic Valley, an agricultural center in the southern part of the state, home to the company’s 1 million-square-foot factory, will soon be the centerpiece of a new chapter for Chobani, one of the last decade’s most successful new food brands.

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