Lamb Weston, McDonald’s largest French fry supplier, has adjusted its operations by closing its Connell, Washington, production plant and reducing its workforce by 4 percent, impacting around 375 employees. The move comes in response to changes in supply and demand, partially influenced by McDonald's introduction of a $5 meal deal.
"Lamb Weston is confident in the world's ongoing love of fries," said company spokesperson Teresa Paulsen, noting that the facility closure accounts for less than 5 percent of their production capacity and aims to balance the current market situation.
The $5 meal deal, which includes fries, has been extended through the end of the year, further contributing to market adjustments. Lamb Weston’s stock has declined 35 percent since January, reflecting ongoing challenges in the industry.
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