09 December 2012

Chobani Australia expands yogurt factory in Victoria, A$30 million investment to create 200 jobs

- Upgraded 3,000-sq. mts factory will triple production
- US yoghurt giant, Chobani, acquired Bead Foods in 2011

5 December 2012 - A A$30 million yoghurt factory expansion in Melbourne’s east is set to create 200 jobs and help put even more Victorian dairy products into export markets.

The upgraded 3,000-square metre state-of-the-art Chobani Australia factory will triple production and create 50 manufacturing and management jobs. Over the next three years, Chobani Australia expects to create a further 150 jobs as the factory reaches full capacity.

This expansion is good news for Victorian dairy farmers who supply Chobani Australia, and it is a strong vote of confidence in Victoria’s dairy sector.

US yoghurt giant, Chobani, acquired Bead Foods, the maker of Gippsland Dairy products, in 2011. It was the company’s first purchase outside the United States and the decision to invest in Victoria was based on its reputation as Australia’s leading dairy state.

The Australian yoghurt and dairy desserts market is one of the fastest growing domestic dairy product categories and worth about one billion dollars annually. With products manufactured at the Melbourne plant already in Australian supermarkets, the next step for Chobani is to establish its Victorian site as an export hub to Asia.

There is increasing demand for dairy products in countries such as Japan, China, Singapore and Indonesia and the Victorian Government is already helping Victorian-based food manufacturers to access key export markets where there is growing demand for its products.

Source: Invest Victoria