The son of nomadic sheep farmers from the Turkish mountains, Hamdi Ulukaya was an improbable candidate to upend the ruthlessly competitive global dairy industry. After arriving in the U.S. in 1994 to study business and English, he settled in upstate New York—and in 2005 saw a classified ad for an abandoned yogurtmaking facility. Two years later, he launched Chobani, which today is an estimated $1.5 billion company and the top-selling brand of Greek yogurt in the country. The company, which also operates the world’s largest yogurt facility, in Twin Falls, Idaho, pays workers, on average, twice the federal minimum wage and gives a portion of its profits to charitable causes. —AS TOLD TO CHRISTINE LAGORIO-CHAFKIN
When Kraft’s plant shut down in South Edmeston in upstate New York in 2005, it was the latest of many closings. The feeling of its former employees there was “These large companies gave up on us.” It was like being in a cemetery. Here I show up with a little knowledge, and an accent that was a lot worse than what it is now. I try to tell the former employees: We can start something! I couldn’t promise security—or that the factory would really come back. It was me and five factory workers, and the odds were highly against us.
In two years, we were making yogurt. I wasn’t as confident as I am now, and I would get shaken up talking to 40 employees. In our third year—2010—I decided to hire another CEO, because I thought I wasn’t going to be able to do this. One executive had run some big companies and had a nice suit and a spiffy ride, and he really wanted the job. We met in a diner, and the way he interacted with the waitress was so rude. This is what I grew up hating: people who think they’re better than everybody else. In that moment, I knew I wasn’t looking for a CEO.
For hiring, supplies, and even contractors, my number one law from the beginning was that we do not go outside of this community [the Chenango and Otsego counties region]. But as the company grew, the circle of our “community” broadened to the Utica area for hiring. Refugees have been settling in Utica for decades. Some are from Africa, some are from Asia, some from Eastern Europe. They want to work, and they have the right to work. There are obstacles: language, training, and transportation. We figured it out.
This story is from the June 2018 edition of Inc..
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the June 2018 edition of Inc..
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Karen Dillon
I moved my wedding to attend a company offsite. It was a terrible decision, but a vital lesson on balance.
The Ultimate Home-Based Business
Thirty years since her breakout on Friends, Courteney Cox is taking on a new role-entrepreneur.
An Uphill Battle
Zwift has been through layoffs and a leadership change in 2024, but co-founder and CEO Eric Min says he's learned that building a startup, like cycling, is an endurance test.
The GLOW UP
How Glossier broke free from DTC, survived the skeptics, and finally achieved profitability.
The Snack That Gives Back
With a new partnership, SkinnyDipped is supporting women founders worldwide.
A New Path to SuCCESS
AllTrails may have achieved the impossible-an app that truly helps you get away from it all.
The Back-lash Survivors
Don't challenge Elizabeth Gore and Carolyn Rodz to a game of highs and lows. The Hello Alice co-founders will win-by a long shot.
The Spa Surge
Prime IV Hydration & Wellness has successfully weathered stormy waters.
Riding the Waves
With Beehiiv, Tyler Denk built a buzzy newsletter platform and a brash online persona. Both are lucrative.
Home Economics
How Chairish brought the circular economy to furniture.