Lamb Weston history

Lamb created a potato "gun," the Lamb Water Gun Knife, invented and patented by Lamb in 1960.

By 1961 Gib invented and patented the Lamb Water Gun Knife, which allowed potatoes to be cut mechanically, in uniformly straight pieces (french fries), which gave the company an advantage.

In 1963, a five-person sales force was formed to promote the company's anticipated expansion and a broker network was fleshed out to cover the United States.

Lamb Weston acquired a potato processing plant in Quincy, Washington, in 1966 and another potato processing plant in Connell, Washington, two years later.

The company also opened its first research center in Portland, Oregon, in 1968, having learned first-hand about the significant advantages to be gained from a serious commitment to the research and development of proprietary slicing and processing systems.

Lamb Weston began shipping its potato products to markets in the Pacific Rim, Canada, Mexico, and South America, getting its first taste of overseas demand for processed potato products when it exported its first shipment to Japan in 1973.

A new plant in Richland, Washington, was acquired in 1978 and a second production plant was constructed near Lamb Weston's existing plant in Quincy, Washington, also in 1978.

The company ventures beyond the traditional straight-cut French fry and introduces Twister® Fries, a curly shaped fry in 1983.

In 1985 C. Meijer starts processing potatoes into high quality frozen potato products and flakes.

A major expansion of the company's original potato processing plant in American Falls, Idaho, was completed in 1986 and the following year a potato processing plant in Boardman, Oregon, was acquired to supply the company's growing export business and its markets in the United States.

In 1988 it was acquired by ConAgra Foods corporation.

The acquisition spree started in 1991, when Lamb Weston purchased its first European potato processing plant, a facility in Eemshaven, Holland.

In 1995, Lamb Weston entered a joint venture in Turkey to create Lamb Weston/Dogus, the country's largest frozen potato processor with customers in the eastern Mediterranean region and throughout southeastern Europe.

In 1996, that volume reached mammoth heights, having soared to 3.6 billion pounds.

In 2004 Lamb Foundation instituted a policy of accepting proposals only from organizations that had been invited to submit.

On July 14, 2014, Conagra announced that it had acquired TaiMei Potato Industry Limited, a potato processor in Shangdu, Inner Mongolia.

In November 2016, ConAgra spun off the company to its shareholders.

2017 Acquisition of a potato processing factory in Broekhuizenvorst (NL) and opening a sales office in Lagos (NG) with the launch of a new product solution: Poundo Potato.

Lamb Weston Holdings gross profit for the quarter ending August 31, 2020 was $0.214B , a 14% decline year-over-year.

Are proud of our history, representing almost a century of consistent growth and.!: LW ) on Thursday, January 7th, 2021 NYSE: LW ) on Thursday reported second-quarter.