Company type | Public |
---|---|
Industry | Food processing |
Founded | 1950 |
Headquarters | Eagle, Idaho, U.S. |
Products | Packaged foods |
Revenue | US$6.47 billion (2024) |
US$1.07 billion (2024) | |
US$726 million (2024) | |
Total assets | US$7.37 billion (2024) |
Total equity | US$1.79 billion (2024) |
Number of employees | 10,700 (2024) |
Website | lambweston |
Footnotes /references Financials as of May 26,2024 [update] . [1] |
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]
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 Australian food manufacturer, Crackerjack Foods. The company will join the Lamb Weston Oceania subsidiary. [11]
Lamb Weston Holdings has subsidiaries [12] in Europe, Asia and South America.
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]
French fries, chips, finger chips, french-fried potatoes, or simply fries, are batonnet or julienne-cut deep-fried potatoes of disputed origin from Belgium or France. They are prepared by cutting potatoes into even strips, drying them, and frying them, usually in a deep fryer. Pre-cut, blanched, and frozen russet potatoes are widely used, and sometimes baked in a regular or convection oven; air fryers are small convection ovens marketed for frying potatoes.
McCain Foods Limited is a Canadian multinational frozen food company established in 1957 in Florenceville, New Brunswick, Canada.
Conagra Brands, Inc. is an American consumer packaged goods holding company headquartered in Chicago, Illinois. Conagra makes and sells products under various brand names that are available in supermarkets, restaurants, and food service establishments. Based on its 2021 revenue, the company ranked 331st on the 2022 Fortune 500.
John Richard Simplot was an American entrepreneur and businessman best known as the founder of the J. R. Simplot Company, a Boise, Idaho–based agricultural supplier specializing in potato products. In 2007, he was estimated to be the 89th-richest person in the United States, at $3.6 billion. At the time of his death at age 99 in May 2008, he was the oldest billionaire on the Forbes 400.
The J. R. Simplot Company is an agribusiness company headquartered in Boise, Idaho, United States.
Associated British Foods plc (ABF) is a British multinational food processing and retailing company headquartered in London, England.
Ore-Ida is an American brand of potato-based frozen foods currently produced and distributed by Kraft Heinz's, H.J. Heinz Company Brands LLC. based in Pittsburgh, Pennsylvania.
Mitsui & Co., Ltd. is one of the largest sogo shosha in Japan; it is part of the Mitsui Group.
Calbee, Inc. is a Japanese snack food maker. It was founded on 30 April 1949, and its headquarters are located in the Marunouchi Trust Tower Main in Marunouchi, Chiyoda, Tokyo. It launched operations at a new plant in the United States for making its mainstay products "Kappa Ebisen" shrimp chips and "Saya-endo" snow pea crisps on 18 September 2007. Another popular snack they sell are potato fries, called "Jagabee". Its snacks are hugely popular in Asia and are well known in the United States.
Ralcorp Holdings is an American manufacturer of various food products, including breakfast cereal, cookies, crackers, chocolate, snack foods, mayonnaise, pasta, and peanut butter. The company is based in St. Louis, Missouri. The majority of the items Ralcorp makes are private-label, store-brand products. It has over 9,000 employees. Ralcorp has its headquarters in the Bank of America Plaza in downtown St. Louis.
Bruce Foods Corporation, founded in New Iberia, Louisiana, in 1928, is one of "America's largest privately owned food manufacturers," manufacturing many food products under five major labels, and is credited with "pioneering the canning of Mexican food." With four stateside manufacturing plants, the company has more than 1,200 employees.
The Port of Morrow is the port authority in Boardman, a city in Morrow County, Oregon, United States, on the Columbia River.
Alturas is a russet potato variety released in 2002 by the USDA-ARS and the Agricultural Experiment Stations of Idaho, Oregon, and Washington and it is under plant variety protection. It is a processing potato that has cold-sweetening resistance, so it can be processed directly out of storage into French fries and other frozen potato products.
Umatilla Russet is a moderately late maturing variety of potato especially suitable for frozen french fries processing. It was jointly released by the Agricultural Experiment Station of Oregon, Idaho, and Washington and the U.S. Department of Agriculture in 1998. 'Umatilla Russet' has been equal to or better than Russet Burbank in fry color in Oregon and regional trials. The potato was named by the state of Oregon after the Umatilla tribe, from which the city of Umatilla also takes its name.
The Ranger Russet is a late-maturing potato that is used for baking and processing into fries. It was originally bred by Joseph J. Pavek of the USDA in Aberdeen, Idaho, and released jointly by the USDA and the agricultural stations of Idaho, Washington, Oregon and Colorado in 1991. Ranger Russet is not under plant variety protection. It yields medium to high numbers of tubers with a short dormancy period.
Post Holdings, Inc. is an American consumer packaged goods holding company headquartered in St Louis, Missouri with businesses operating in the center-of-the-store, refrigerated, foodservice, and food ingredient categories. Its Post Consumer Brands business manufactures, markets, and sells both branded and private label products, mainly breakfast cereals. Its Michael Foods Group business supplies value-added egg products and refrigerated potato products to the foodservice and food ingredient channels. Through its Post Refrigerated Retail business, Post offers potato, egg, sausage, and cheese refrigerated side dishes products. Post participates in the private brand food category through its investment in 8th Avenue Food & Provisions, a leading, private brand centric, consumer products holding company.
The Campofrío Food Group S.A.U., formerly Conservera Campofrío S.A., simply known as Campofrío, is a prominent Spanish multinational food company based in Alcobendas, Spain, that produces different kinds of processed meat products. The company was founded in Burgos by José Luis Ballvé in 1952.
Hilton Food Group plc is a food packaging business. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Curly fries are french fries cut into a spiral shape, typically seasoned with a distinct spice mix composed primarily of paprika, black pepper, onion powder, and garlic powder. Though they are sometimes said to have been invented by the Arby’s restaurant chain, their actual origins are more complex.