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]
Nabisco is an American manufacturer of cookies and snacks headquartered in East Hanover, New Jersey. The company is a subsidiary of Illinois-based Mondelēz International.
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.
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. 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. The company is controlled by the Weston family, which owns a majority share in George Weston Limited.
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.
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.
Ingredion Incorporated is an American food and beverage ingredient provider based in Westchester, Illinois, producing mainly starches, non-GMO sweeteners, stevia, and pea protein. The company turns corn, tapioca, potatoes, plant-based stevia, grains, fruits, gums and other vegetables into ingredients for the food, beverage, brewing, and pharmaceutical industries and numerous industrial sectors. It has about 12,000 employees in 44 locations, and customers in excess of 120 countries.
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.
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.
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 cereal products. 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.