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"Founders of succesful businesses, executives, Presidents, CEOs, and General Managers... Gilan, Vocelli Pizza, Unique Settings of New York, Benchmark, Sanli Pastore & Hill, Askew Industrial Corp., Luca Luca, Inseco, Rapid Conn, CAO, Telenity, Bicom, and many other success stories... "

Chobani Secures $750M Investment from TPG

Image NEW BERLIN, N.Y. — Greek yogurt maker Chobani has secured a $750 million investment from investment firm TPG Capital to help fund its growth. The privately held food company said Wednesday that as part of the deal, TPG will have representation on the company's board. Chobani founder and CEO Hamdi Ulukaya will serve as its chairman.

Good Men Never Die

Image Kaya Tuncer, 74, passed away on January 7, 2012 at his Pacific Palisades home after a two-and-a-half-year struggle with stomach cancer and its complications. A resident in Pacific Palisades, CA since 1969, Tuncer was an entrepreneur, philanthropist and mega-builder. He oversaw numerous large construction projects and business ventures throughout the world. The chain of events leading up to Tuncer's greatest achievement' development of one of the world's leading industrial parks' reads like a classic American immigrant success story.

Turkish Businessman to Start Soccer Team in US

Image Ersal Ozdemir, a Turkish businessman from Indiana state, will start a soccer team in Indianapolis, capital of the state. The team will be the first professional soccer team of Indianapolis and compete in North America Soccer League-NASL, second division of the US. Ozdemir (38), Keystone Group President and a prominent local developer, announced his plans at a press conference. Indiana Governor Mike Pence and Indianapolis Deputy Mayor Deron Kintner attended the event. Locals paid great attention to the event.

Chobani Donates 250K to Chenango Memorial Hospital

Image Chenango Memorial Hospital is celebrating the completion of a renovation project. It includes the addition of a new x-ray machine at its building that houses orthopedics, pediatrics, surgery and the walk-in. Chobani's Shepherd's Gift Foundation donated $250,000 to the hospital so it could buy the machine. 5 other foundations donated a combined $300,000 so a small addition could be built to house the new equipment. It will also allow the hospital's campus to be reconfigured.

Turkish Businessman Enver Oren Passes Away

Image CEO of Ihlas Holding Enver Oren will be laid to rest on Saturday after a funeral at the Eyup Sultan Mosque in Istanbul.  CEO of Turkey's Ihlas Holding, Enver Oren passed away on Friday at the age of 74. Oren was receiving treatment at the Sisli Memorial Hospital's intensive care unit. He was hospitalized in January. Enver Oren will be laid to rest on Saturday after a funeral at the Eyup Sultan Mosque in Istanbul.

Azeri Company to Sign Partnership with Turkish Businessman

Image The Azerbaijani state oil company, Socar, is to partner up with Turkish businessman Remzi Gür on local market commercial operations by establishing three companies, the head of the company’s Turkey unit informed. “Our cooperation with Remzi Gür will bring synergy in our downstream – oil product sales, marketing and distribution – and local operations,” Socar Turkey President Kenan Yavuz told a news agency.

Flagstone Project on Watson Island Moving Ahead, City Says

Flagstone Development is in the process of finalizing agreements with equity partners and lining up financing for development of its $640 million Island Gardens project on Watson Island, the city of Miami reports. I had queried the city about the status of the long-awaited project on Friday after thinking that the light rail system I blogged about on Dec. 28 could make the project better connected to Miami Beach and the mainland. Watson Island is currently known as the home for the Jungle Island attraction and the Miami Children's Museum.

Chobani Yogurt Loses Canadian Market

Image Greek yogurt lovers in Canada can't find Chobani on grocery store shelves anymore. As of a few weeks ago, the product no longer was available in Canada, Chobani Communications Manager Lindsay Kos said. “Due to circumstances outside of our control, we are unable to move forward with our national launch plans at this time,” she said. “We're working closely with the Canadian government to figure out a solution to be able to bring our products to the Canadian marketplace.”

Rabobank Honors Chobani with Innovation Award

Image By CAROL RYAN DUMAS\Capital Press - Rabobank, a leading global food and agribusiness bank, has named Chobani as the winner of its 2012 North America Innovation in Leadership award for the company's "groundbreaking contribution" to the U.S. yogurt sector. The 2012 award honors Chobani, a Rabobank client, for the transformational impact of its practices on the U.S. yogurt industry and its success in redefining an established market to advance its business and the overall yogurt category.

Chobani Opens World's Largest Yogurt Manufacturing Plant in Twin Falls, Idaho

Image Chobani, America’s No. 1 selling yogurt brand, celebrated the grand opening of its second domestic manufacturing facility. Located in Twin Falls, Idaho, Chobani has invested $450 million to build this one million square foot, world-class operation in less than 11 months. “Chobani Idaho is our $450 million commitment, not only to the town of Twin Falls, Idaho, but also to our Foodservice customers,” says Stephen Dean, vice president of sales, foodservice, for Chobani.

“The facility’s increased production capabilities allow us to meet the demand for our authentic Greek yogurt in both the commercial and non-commercial segments. We're currently ramping up production and our capacity will continue to grow from here. Since Chobani Idaho was designed from scratch, we have the machinery to produce foodservice-specific pack sizes -like the 5lb and 25lb packs that will be available mid-2013 - which will expand Chobani’s presence back of house across the nation.”
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