Simplot to acquire Nestle Processed Potato Business

8/02/2000- Nestle USA Inc. and the J.R. Simplot Company today announced an agreement has been signed whereby Simplot will purchase Nestle USA FoodServices Divison's processed potato business, including three potato processing facilities. The three potato processing plants are located in Nampa, Idaho; Moses Lake, Wash.; and Othello, Wash. James Munyon, Simplot Food Group President, said, "The Nestle facilities and employees will complement our commitment to high quality products and operational excellence. This acquisition supports the growth of our domestic and export potato business."