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] |
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 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]
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.
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.
Birds Eye is an international brand of frozen foods founded in the USA and now owned by Conagra Brands in the United States, by Nomad Foods in Europe, and Simplot in Australia.
George Weston Limited, often referred to as Weston or Weston's, is a Canadian holding company. Founded by George Weston in 1882, the company today consists of the Choice Properties real estate investment trust and Loblaw Companies Limited, Canada's largest supermarket retailer, in which it maintains a controlling interest. The company is majority owned by Wittington Investments, Ltd Canada, a holding company that the Weston family are the controlling share holders in. Retail brands include President's Choice, No Name and Joe Fresh. The former Weston Bakeries division, which owned the brands Wonder, Country Harvest, D'Italiano, Ready Bake and Gadoua, was sold off to FGF Brands in 2022.
Buttrey Food & Drug was a chain of grocery stores founded in Havre, Montana, and formerly headquartered in Great Falls, Montana. The company was founded in 1896 as a chain of department stores branded Buttrey Department Store. The company opened grocery stores in 1935 and sold off its department store division following a 1966 acquisition by The Jewel Companies, Inc. Jewel was sold to American Stores in 1984, and later Buttrey was sold off as a separate company in 1990. The company was sold to its main competitor, Boise, Idaho–based Albertsons, in January 1998 and the Buttrey name was retired. At that time, Buttrey was operating 43 stores in Montana, Wyoming, and North Dakota with a revenue of US$391.4 million.
Borden, Inc., was an American producer of food and beverage products, consumer products, and industrial products. At one time, the company was the largest U.S. producer of dairy and pasta products. Its food division, Borden Foods, was based in Columbus, Ohio, and focused primarily on pasta and pasta sauces, bakery products, snacks, processed cheese, jams and jellies, and ice cream. It was best known for its Borden Ice Cream, Meadow Gold milk, Creamette pasta, and Borden Condensed Milk brands. Its consumer products and industrial segment marketed wallpaper, adhesives, plastics and resins. By 1993, sales of food products accounted for 67 percent of its revenue. It was also known for its Elmer's and Krazy Glue brands.
Bertolli is a brand of Italian food products produced by multiple companies around the world with the trademark owned by Mizkan Holdings. Originating as a brand of extra-virgin olive oil, in which it was the global market leader, pasta sauces and ready meals are now sold under the brand name as well.
Sigma Alimentos, S.A. de C.V., also known as Sigma or Sigma Alimentos, is a Mexican multinational food processing and distribution company headquartered in San Pedro, near Monterrey, Mexico. It produces and distributes refrigerated foods, mainly lunch meats, cheeses, and yogurts. It is one of the largest producers and distributors of refrigerated foods in Mexico, some of its well-known brands are Fud, Chen, San Rafael, Guten, and Yoplait. It is a subsidiary of the Mexican industrial conglomerate Alfa.
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 a 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.
Frito-Lay, Inc. is an American subsidiary of PepsiCo that manufactures, markets, and sells corn chips, potato chips, and other snack foods. The primary snack food brands produced under the Frito-Lay name include Fritos corn chips, Cheetos cheese-flavored snacks, Doritos and Tostitos tortilla chips, Lay's and Ruffles potato chips, Rold Gold pretzels, and Walkers potato crisps. Each brand generated annual worldwide sales over $1 billion in 2009.
The Port of Morrow is the port authority in Boardman, a city in Morrow County, Oregon, United States, on the Columbia River.
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.
Chipita S.A. is a Greek food company headquartered in Athens, Greece. As of 2016, it operates in 56 countries.