Lamb Weston
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Lamb Weston Holdings, Inc. Type Public NYSE: LW
S&P 500componentIndustry Food processing Founded 1950; 73 years ago 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 employees7,200 (2018)
Website lambweston.com 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 frozenfrench fries,waffle fries, and other frozen potato products.[2][3][4]It is headquartered inEagle, Idaho, a suburb ofBoise.[5]
History[edit]
The company was founded in 1950 by Gilbert Lamb.[6]In 1988, it was acquired byConAgra Foods.[7]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., withSociedad Comercial del Plata.[8]
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