Joint venture to invest €120 M in potato facilities

Lamb Weston / Meijer, a joint venture between US-based ConAgra Foods Lamb Weston and Netherlands-based Meijer Frozen Food, recently announced plans to invest approximately $150 million (€ 120 million euros) to expand its frozen potato facility in Bergen op Zoom, Netherlands. This strategic investment will add a second production line to the plant – increasing capacity for making french fries and other premium frozen potato products – and is expected to create approximately 50 new jobs. The line is currently planned to be fully operational in mid-2016. The investment is being financed directly by Lamb Weston / Meijer with no additional capital investments from its joint venture partners.

“ConAgra Foods Lamb Weston is well positioned to meet customers’ emerging market growth through our highly efficient, well-established dual sourcing model supplying our customer base with frozen potato products from both North America and Europe,” said Paul Maass, president Private Brands and Commercial Foods, ConAgra Foods. “In addition, local potato sourcing and production will play an important role in the future for select countries, such as China, where we expect the most growth.”

ConAgra Foods began production in its newly acquired frozen potato facility in Shangdu, Inner Mongolia, on Oct. 31 after investing in updates to the facility to meet exacting standards for employee safety, food safety and quality. In June, ConAgra Foods completed the expansion of its frozen potato facility in Boardman, Ore., which supports domestic and international customer growth.

For more information:
Becky Niiya
ConAgra Foods
Tel: +1 402-240-5312
Email: becky.niiya@conagrafoods.com
www.conagrafoods.com