Lamb Weston expands in China

French fries maker Lamb Weston Holdings announces it plans to expand production capacity in China. The company wants to build a new factory in Ulanqab in the Chinese province of Inner Mongolia. It will be Lamb Weston's second factory in Inner Mongolia. There is already a production facility in Shangdu.

The new plant involves an investment of $250 million. The plant will have a capacity of 113.000 tons per year and will provide 280 full-time jobs. The new location should be operational in the first half of 2024.

“The market for processed potato products continues to grow globally, and China is a critical market for us,” Lamb Weston CEO Tom Werner said in a press release. "This investment allows us to produce locally for the Chinese market. It is a great example of our promise and support for our strategic partners."

Jurphaas Lugtenburg

Is editor at Boerenbusiness and focuses mainly on the arable farming sectors and the feed and energy market. Jurphaas also has an arable farm in Voorne-Putten (South Holland). Every week he presents the Market Flash Grains

j.lugtenburg @boerenbusiness. Nl

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