ConAgra, Ochoa form frozen potato joint venture
ConAgra Foods Lamb Weston, a potato company with annual sales exceeding $2 billion, and Ochoa Foods, a privately owned potato processing company based in Boise ID, have entered into a new joint venture. The two companies will form a 50/50 joint venture to operate Ochoa Foods’ current potato processing plant in Warden WA.
With the name Lamb Weston/BSW, the joint venture will develop, process, and sell frozen potato products. Financial terms of the transaction were not disclosed.
The Warden processing plant processes approximately 300,000 tons of potatoes each year and services several major quick-service restaurants and other foodservice accounts. The 140,000-square-foot facility is on a 17-acre site in Washington’s Columbia Basin.
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