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Chobani history
Chobani company history timeline
By 2005, Euphrates had some $2 million in sales and was barely breaking even.
Ulukaya scraped together funding to buy an old yogurt plant in upstate New York in 2005, with help from a Small Business Administration Loan.
In 2007, his dream to make delicious, nutritious, natural, and accessible yogurt finally came to fruition, when the very first cup of Chobani® Greek Yogurt hit the shelf.
Ulukaya started Chobani in 2007 in Johnstown, NY, and while he had early success selling his product to grocers in New York, his start-up really took off when he heard about the empty Kraft plant.
By 2010, Chobani had grown from one man’s dream into America’s favorite Greek Yogurt.
EBITDA turned negative in 2013 and debt started to run up.
He's also the author of the newly released Who Needs the Fed? (Encounter Books), along with Popular Economics (Regnery, 2015).
In 2016, Chobani® Flip® was recognized as a Nielsen Breakthrough Innovation Award winner.
In 2018, the Healthcare of Ontario Pension Plan bought out TPG at a ‘handsome profit.’ Ulukaya seemed content with his new partner: “It’s about long-term thinking, having a long-term partner and getting more control back.”
In 2019, Chobani started unveiling a series of innovations in four new categories beyond yogurt: oatmilk, dairy and plant-based coffee creamers, ready-to-drink cold brew coffee and plant-based probiotic drinks.
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Chobani competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Mastercard | 1966 | $1.8T | 25,000 | 573 |
| Visa | 1958 | $35.9B | 20,500 | 629 |
| PepsiCo | 1898 | $91.9B | 267,000 | 634 |
| Whole Foods Market | 1978 | $16.0B | 91,000 | 1,702 |
| Wendy's | 1969 | $2.2B | 12,500 | 4,839 |
| McDonald's | 1940 | $25.9B | 210,000 | 42,312 |
| Ben & Jerry's | 1978 | $450.0M | 999 | 69 |
| Yum! Brands | 1997 | $7.5B | 34,000 | 178 |
| Vudu | 2004 | - | 180 | - |
| Danone Sverige | 1919 | $26.4B | 102,449 | - |
Chobani history FAQs
Zippia gives an in-depth look into the details of Chobani, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Chobani. The employee data is based on information from people who have self-reported their past or current employments at Chobani. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Chobani. The data presented on this page does not represent the view of Chobani and its employees or that of Zippia.
Chobani may also be known as or be related to Chobani, Chobani Global Holdings, LLC and Chobani LLC.