The name of the new joint venture will be Lamb Weston/BSW, and its purpose will be to develop, process and sell frozen potato products. Financial terms of the joint venture were not disclosed.

“This is an exciting new opportunity for Lamb Weston, and a true ‘win-win’ for both Ochoa Foods and Lamb Weston,” said Jeff DeLapp, president of ConAgra Foods Lamb Weston. “Combining Ochoa's entrepreneurial spirit and experience with Lamb Weston's operating reach should drive improved earnings potential for both companies.”

The Warden processing plant processes about 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 located on a 17-acre site in Washington’s Columbia Basin.

“This new partnership with Lamb Weston is a major milestone for Ochoa Foods,” said Howard Bafford, chief operating officer of the Boise, Idaho-based company. “The employees of Ochoa Foods have worked extremely hard to establish the base of business we have today, and we look forward to combining this effort with the resources of ConAgra Foods Lamb Weston in this new joint venture.”

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