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 2022, the Oregon Department of Environmental Quality (DEQ) fined Lamb Weston $127,000 for 90 violations of the company's wastewater discharge permit between 2015 and 2021, which included the company dumping more than 220 tons of excess nitrogen above an already contaminated aquifer. [11] In 2024, Lamb Weston reached a settlement with the DEQ; the company would pay a $143,400 fine as well as evaluate ways to reduce wastewater, conduct soil sampling and monitor well water. [12]
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. [13]
On November 15, 2024, a class action lawsuit was filed against Lamb Weston along with multiple other companies alleging that they are colluding together to hike prices of potato products in a coordinated way. [14]
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US$6.47 billion (2024)
US$726 million (2024)
