It turns out that, no, fast-food eaters would not like fries with that. As more customers lose their appetite for fast food over sky-high prices, North America’s largest fry producer is reeling from the slowdown.
Lamb Weston, which can churn out 250 million pounds of frozen potato products annually at just one facility, announced earlier this month that it would lay off 4% of its workforce (about 428 workers) and shut down its Connell, Wash., production plant. Since the beginning of the year, its share price has plummeted by about 33%.
