Coca-Cola Co. is planning to put up the largest dairy processing plant in the northeast in the town of Webster, New York, which is expected to create up to 250 jobs.
The plant will manufacture products for Fairlife, which makes ultra-filtered milk products.
Fairlife, founded in 2012 and acquired by Coca-Cola in 2020, designs a line of products without lactose and much sugar while retaining more protein and calcium.
Fairlife also makes protein and meal replacement shakes. Coca-Cola acquired Fairlife in 2020.
New York Governor Kathy Hochul said the plant involves an estimated investment of about $650 million in Webster on Tebor Road and marks the next chapter in New York’s agricultural success story.
Fairlife CEO Tim Doelman said that the new production facility will allow his company to significantly increase capacity.
According to New York Farm Bureau president, David Fisher, the new plant will expand the marketplace for state-produced milk, which is needed for the long-term success of farms in New York.
Empire State Development is providing $21 million in assistance through tax credits in exchange for job creation commitments.
The plant is expected to be operational by the 4th quarter of 2025.


Genel Energy Reports FY25 Net Loss Below Fears, EBITDAX Beats Forecasts
Amazon's "Transformer" Phone: Can It Succeed Where Fire Phone Failed?
Yes, government influences wages – but not just in the way you might think
Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy
Japan's Parliament Backs Dovish BOJ Board Members, Raising Questions on Rate Hike Path
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth
The pandemic is still disrupting young people’s careers
FEMSA Cuts Jobs at Spin Fintech Unit, Refocuses Strategy on Oxxo Stores
Disaster or digital spectacle? The dangers of using floods to create social media content
Microsoft Eyes Legal Action as Amazon-OpenAI Deal Threatens Azure Exclusivity
Gold Prices Stabilize but Head for Worst Weekly Drop in Six Years Amid Iran War Inflation Fears
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures
Booked to travel through the Middle East? Here’s why you shouldn’t cancel your flight
Israel Defies Trump's Warning, Launches New Strikes on Iran Amid Growing Global Energy Crisis
Asian Currencies Slide as Oil Prices Surge Amid U.S.-Israel-Iran Conflict 



