PepsiCo Partners With Muller Group for a Yogurt Plant
March 20, 2012
$206 million Batavia, N.Y., facility expected in 2013.
PepsiCo, which has been hinting at a "tremendous opportunity in U.S. dairy,” created a joint venture with Germany dairy Theo Muller Group that will result in a new yogurt factory in Batavia, N.Y. The plant, expected on line in 2013, will cost $206 million and will employ 186.
There was no PepsiCo acknowledgement of the project, but the governor's office announced the building, which apparently will make Greek-style yogurt. The joint venture, dubbed Project Wave, apparently is getting some $11 million in tax abatements.
Greek yogurt has been growing at triple digits for the past three years. One media outlet said Greek yogurt now accounts for more than $1 billion in U.S. sales, about a quarter of total yogurt sales.
Navigating the logistics industry is challenging. Find out how a dedicated transportation solution can solve some of the most common shipping challenges.
A leading bottled water company needed a carrier to transport water from 29 plants to retailers. The challenge? Handling over 46,000 pounds. Read the study.
Learn how a large bakery company complimented their private fleet with Schneider Dedicated freight services to increase freight capacity, amplify visibility & reduce costs.
