Lamb Weston Shuts Down Argentina Facility and Reduces Operations in Netherlands
Lamb Weston, a U.S. supplier of potato products, is closing one of its manufacturing plants in Argentina while also reducing production in the Netherlands. The...
Tag : Lamb Weston Holdings
Lamb Weston Embarks on Cost-Saving Mission
Lamb Weston Holdings has unveiled new plans aimed at achieving cost savings, which will inevitably impact jobs within the potato-products sector. This U.S.-listed company has...
Lamb Weston Gets “Mini-Tender” Offer from TRC Capital Investment
Lamb Weston Holdings recently announced that it has received an unsolicited offer from TRC Capital Investment to purchase up to two million shares of the...
Jana Partners Critiques Leadership Transition at Lamb Weston
Jana Partners, an activist investor in the US-based French fries manufacturer Lamb Weston, has publicly criticized the company’s recent decision to appoint its COO as...
Lamb Weston Appoints Michael Smith as New CEO and Lowers Sales Forecast
US-based French fries manufacturer Lamb Weston has recently appointed a new CEO, shortly after being urged to revamp its leadership team by an activist investor....
Lamb Weston Completes Acquisition of Full Control Over Argentina Joint Venture
Lamb Weston is set to acquire the remaining stake in its frozen potato products joint venture in Argentina with Sociedad Comercial del Plata. This move...
Lamb Weston to Close U.S. Facility and Lay Off Workers Amid Restructuring Efforts
Lamb Weston Holdings has recently revised its profit forecasts following a restructuring initiative that entails the permanent closing of a US processing plant and subsequent...
Migration to ERP system impacts Lamb Weston Holdings’ sales and profit predictions
The change in ERP system at Lamb Weston Holdings has caused the US potato products group to revise its sales and profit forecasts. The company...