Lamb Weston Shutters One Plant, Defers to New Production in Argentina; North American Sales Flat
As of January 8, Lamb Weston will close one potato processing facility in Munro to consolidate into its newest facility in Mar del Plata, Argentina, according to a press release from the group that supplies some of the world's largest fast-food chains. While the company realizes most of its profits in North America, officials say other markets like Argentina are growing quickly.
“These actions are part of our broader strategy to improve profitability and enhance operational efficiency across our global manufacturing network..."
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