Lamb Weston Shuts Plant Amid Decline in French Fry Demand
The largest supplier of McDonald's french fries is restructuring due to reduced restaurant traffic and shifting consumer preferences.
- Lamb Weston, North America's top french fry producer, is closing its Connell, Washington plant, affecting 375 jobs.
- The company is implementing a restructuring plan to address decreased demand and improve operational efficiency.
- McDonald's, a major client of Lamb Weston, has seen a decline in customer visits and sales, impacting fry orders.
- Promotional meal deals at fast-food chains have led consumers to opt for smaller fry sizes, further reducing demand.
- Lamb Weston expects its restructuring to save $55 million in fiscal 2025, despite a 46% drop in net income.
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