US: ConAgra move won’t impact Lamb Weston

ConAgra, which purchased Lamb Weston in 1988, is spinning off that part of its operation by the fall of 2016. Lamb Weston officials say the move should not impact the American Falls potato processing plant. ConAgra announced this week that it plans to divest itself of the frozen-potato products operation, which are sold to restaurants and commercial customers, to focus on grocery-store brands including Peter Pan peanut butter, PAM cooking spray and Hebrew National hotdogs under a new business name of Conagra Brands, according to a story in the Wall Street Journal. Lamb Weston has operated a potato processing plant in American Falls for more than five decades and currently employs 600 people. More