Lamb Weston Holdings, Inc., is an American food processing company that is one of the world's largest producers and processors of frozen french fries, waffle fries, and other frozen potato products.[2][3][4] It is headquartered in Eagle, Idaho, a suburb of Boise.[5]
 | |
| Company type | Public |
|---|---|
| NYSE: LW S&P 500 component | |
| Industry | Food processing |
| Founded | 1950 |
| Headquarters | Eagle, Idaho |
| Products | Packaged foods |
| Revenue |  US$3,423.7 million (2018) |
| US$580.1 million (2018) | |
| US$433.7 million (2018) | |
| Total assets | US$2,752.6 million (2018) |
| Total equity | US$−334.8 million (2018) |
Number of employees | 7,200 (2018) |
| Website | lambweston |
| Footnotes / references Data from 2018 annual report[1] | |
History
The company was founded in 1950 by Gilbert Lamb[6] in a former co-op plant in Weston, Oregon.[7] In 1988, it was acquired by ConAgra Foods[8] and moved corporate offices from Tigard, Oregon, to Kennewick, Washington.[9] In November 2016, ConAgra spun off the company to its shareholders.[4] In October 2019, Lamb Weston formed the joint venture, Lamb Weston Alimentos Modernos S.A., with Sociedad Comercial del Plata.[10]
In September 2023, it was announced Lamb Weston had acquired the Campbellfield, Victoria-headquartered food manufacturer, Crackerjack Foods. The company will join the Lamb Weston Oceania subsidiary.[11]
Subsidiaries
Lamb Weston Holdings has subsidiaries[12] in Europe, Asia and South America.
Companies
.JPG)
- China - Lamb Weston - Shanghai,[13] two processing plants
- China - TaiMei Potato Industry
- Europe - Lamb Weston / Meijer: the former joint venture is now fully owned by Lamb Weston. [14] six processing plants in the Netherlands, United Kingdom and Austria
- United States - Alexia Foods
- Canada - Lamb Weston Canada ULC
- Chile - Unisur Alimentos Ltda
- Argentina - Lamb Weston Alimentos Modernos S.A.
Processing plants
- Lamb Weston
- American Falls (Idaho)
- Boardman East (Oregon)
- Boardman West (Oregon)
- Connell (Washington)
- Delhi (Louisiana)
- Hallam (Australia)
- Hermiston (Oregon)
- Pasco (Washington)
- Paterson (Washington)
- Lamb Weston RDO Frozen - Park Rapids (Minnesota)
- Quincy (Washington)
- Richland (Washington)
- Shangdu (China)
- Taber (Canada)
- Twin Falls (Idaho)
- Warden (Washington)
- Lamb Weston/Meijer (1994-2022)[14]
- Bergen op Zoom (the Netherlands)
- Frisch & Frost, Hollabrunn (Austria)
- Kruiningen (the Netherlands)
- Broekhuizenvorst (the Netherlands)
- Lipetsk (Russia)
- Oosterbierum (the Netherlands)
- Wisbech (the United Kingdom)
In 2022 Lamb Weston / Meijer sold its Russian plant to local shareholders and later Meijer Beheer B.V. sold his share of ownership to Lamb Weston Holdings Inc.[15]
- Lamb Weston Alimentos Modernos S.A.
- Munro (Argentina)
References
External links
- Official website
- Business data for Lamb Weston Holdings: