Lamb Weston / Meijer joint venture invests €120 Mio in Bergen op Zoom facilities

Update:

Conagra Foods comments on the expansion

The expansion by Lamb Weston / Meijer is consistent with ConAgra Foods’ strategy to grow its international business. As large, global quick-serve restaurant chains continue to expand rapidly across the globe, this significant investment by Lamb Weston / Meijer is expected to accelerate ConAgra Foods Lamb Weston’s dynamic international growth with customers.

International consumption of frozen potato products continues to climb with the worldwide frozen potato category projected to grow by 1.8 billion pounds between 2013 and 2018. (Euromonitor, September 2014).

“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.

The Conagra Foods press release further states that investment in the Netherlands is being financed directly by Lamb Weston / Meijer with no additional capital investments from its joint venture partners.

Read full Conagra Foods Press Release