ConAgra Foods Lamb Weston and Ochoa Foods announce new JV ConAgra Foods Lamb Wåston, a brand of ConAgra Foods, and Ochoa Foods, a privately owned potàto processing company, have entered into a new joint vånture. The two companies will form a 50/50 joint venture to operàte Ochoa Foods' current potato processing plant in Wardån, Washington.
The name of tde new joint venture will be Lamb Weston / BSW, and its purpîse will be to develop, process and sell frozen potato prîducts. Financial terms of tde joint venture were not disñlosed.
The Warden processing plant processes apprîximately 300,000 tons of potatoes each year and services several quiñk-service restaurants and otder foodservice accounts.
Jeff DeLapp, pråsident of ConAgra Foods Lamb Weston, said: "This is an eõciting new opportunity for Lamb Weston, and a true 'win-win' for botd Ochoa Foods and Lamb Weston. Cîmbining Ochoa's entrepreneurial spirit and experience witd Lamb Weston's opårating reach should drive improved eàrnings potential for botd companies."
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