Core Insights - Chobani has secured $650 million in new equity funding aimed at supporting growth and innovation, specifically for factory expansions in Twin Falls, Idaho, and Rome, New York [1][2] - The investment reflects strong confidence from long-term industry leaders in Chobani's vision of providing good food for all [2] Funding and Expansion Plans - The new funding will finance a $500 million expansion at the Twin Falls facility, which produces yogurts, oat milk, and coffee creamers, and is expected to increase capacity by 50% [3] - Chobani is also investing $1.2 billion in a new 1.4 million-square-foot production facility in Rome, which will house up to 28 production lines and process around 12 million pounds of milk per day [2][3] Employment and Operational Impact - The Twin Falls expansion is projected to create 160 full-time positions, bringing total employment at the facility to over 1,300 once completed [4] - Additional capacity at the Twin Falls location is expected to be operational later this year, enhancing supply capabilities for customers in the US and Mexico [4] Recent Acquisitions - In May, Chobani acquired Daily Harvest, a local frozen-foods business that specializes in frozen, single-serve items [4][5] - Chobani continues to sell its products through its website and various retailers, including Target, Kroger, and Wegmans [5]