Conagra invests $220M to expand Arkansas manufacturing plant [Yahoo! Finance]
ConAgra Brands, Inc. (CAG)
Last conagra brands, inc. earnings: 3/31 07:28 am
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Source: Yahoo! Finance
This story was originally published on Food Dive . To receive daily news and insights, subscribe to our free daily Food Dive newsletter Conagra Brands is spending $220 million to expand a chicken production plant in Fayetteville, Arkansas, as the company looks to strengthen its frozen foods business by focusing on protein. The Fayetteville plant produces ready-to-eat meals for several brands including Hungry-Man, Banquet, Healthy Choice, Gardein and Evol. The plant produces about 15 million cases of product per year. Construction is expected to begin later this year, the company said Friday. The five-year investment is expected to create more than 100 jobs. “This significant investment in our Fayetteville facility will allow us to continue to grow our leading frozen foods business,” Craig Weiss, senior vice president of supply chain at Conagra, said in a statement. The investment comes as more people rely on frozen foods for their protein. The frozen aisle at retail stores
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- Conagra Brands (CAG) had its price target lowered by JPMorgan Chase & Co. from $19.00 to $17.00. They now have a "neutral" rating on the stock.MarketBeat
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CAG
Earnings
- 12/19/25 - Beat
CAG
Sec Filings
- 3/4/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- CAG's page on the SEC website