Since 1961, Lamb Weston has been a staple in Idaho.
As the leading producer of frozen French fries, Lamb Weston has grown considerably over the years but has continued its presence in Southeast Idaho.
Lamb Weston employs more than 500 employees in American Falls and more than 8,000 globally. The company sells its products in more than 100 countries and is currently ranked first amongst other North American frozen potato sellers.
Recently, Lamb Weston decided to expand its existing plant in American Falls, with a capital investment of more than $400 million. The project is also expected to create over 180 jobs in the region and was approved for a TRI award.
The Idaho Tax Reimbursement Incentive (TRI) took effect July 1, 2014, as a tool to encourage businesses to grow or expand in Idaho with jobs that pay above the average county wage. This post-performance incentive offers a maximum refundable tax credit of up to 30% on income, payroll and sales taxes for up to 15 years.
The company’s long history in Idaho as well as the region’s strong agricultural roots were among a few of the top reasons for the company’s decision to expand in American falls.
“Southeast Idaho has great soil and climate to grow good quality potatoes,” Lamb Weston Senior Communications Manager, Tammy Wade said. “There is also available land to expand potato acres with our existing growers. Expanding in American Falls was also a sound decision because of the people. We have operated our plant for more than 60 years and our employees take great ownership in what they do.”
Learn more about doing business in Idaho here and the TRI program here.