BOARDMAN, OR—ConAgra Foods Inc. is getting help from the state and local governments to fund a previously announced expansion.
The Omaha, Neb.-based food manufacturer said in November that it was poised to begin a $200 million upgrade to its Lamb Weston frozen potato operations in Boardman. At the time, the company said adding a new line to the plant will boost capacity for making French fries and will generate about 100 ConAgra jobs and 200 construction jobs. Oregon, the Port of Morrow, Morrow County and the city of Boardman have joined to provide financial incentives to the project.
On Wednesday, Tim McCabe, director of the state's economic development group Business Oregon, presented ConAgra with a $350,000 check for a forgiveable loan, reports the Portland Business Journal. The money comes from Gov. John Kitzhaber's Strategic Reserve Fund, which helps seed capital expansions, and is contingent on the company creating 100 full-time jobs over a two-year period.
In addition, the city and county extended further incentives in the form of enterprise zone benefits to ConAgra, and the Port of Morrow will deliver infrastructure improvements.
Click Portland Business Journal to read the full story.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
