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2mo ago

McCain Pours $100M Into Balcarce as Lamb Weston Gears Up Mar del Plata Launch

Project leaders aim to modernize Argentina’s frozen fries capacity into export hubs for Brazil to offset rising Chinese imports.

McCain
La canadiense McCain llegó al país en la década del '90 y ahora está anunciando una inversión de US$100 millones en su planta de Balcarce
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Overview

  • McCain announced a US$100 million investment in its Balcarce plant over five years to upgrade reception and packaging lines and boost output at Latin America’s largest frozen fries facility.
  • Lamb Weston’s US$320 million factory in Mar del Plata is in testing ahead of its October launch and plans an additional US$130 million, with projected 250 direct and 4,000 indirect jobs.
  • McCain’s Balcarce site processes 400,000 tonnes of fresh potatoes into 220,000 tonnes of prefried frozen fries annually and holds roughly 70% of Argentina’s market.
  • Both companies aim to use Argentina’s Balcarce and Mar del Plata facilities as logistical hubs for regional exports, focusing primarily on the Brazilian market.
  • Domestic demand has rebounded to pre-2024 levels as local producers face pressure from rising Chinese imports and smuggled contraband.