Proposed changes reflect actions to improve operational efficiency and better align the global manufacturing footprint with customer needs
Lamb Weston Holdings, Inc. (NYSE:LW) today announced plans to close its production facility in Broekhuizenvorst, the Netherlands, to align its global supply chain footprint with evolving market conditions and as part of its broader executional excellence efforts.
The company will now initiate a formal consultation process with the Works Council, in accordance with Dutch regulations. Lamb Weston is committed to conducting this process in an open and constructive manner and will communicate further details following its completion.
The company plans to support the approximate 110 affected team members throughout the process, treating them with fairness, respect, and in full compliance with applicable laws and regulations.
These strategic actions are part of the company's ongoing execution of its Focus to Win strategy, which includes prioritizing markets and channels, strengthening customer partnerships, achieving executional excellence and setting the pace for innovation.
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