Stifel analyst Christopher Growe notes that McCain Foods announced that it will be investing $300M in a capacity expansion into its Othello, Washington potato processing facility with construction targeted for completion in early 2021. At first blush, he believes this is a positive for the industry as McCain, but notes that the market has been "so skittish" about new capacity announcements the Lamb Weston shares have traded off pretty severely in reaction to this news. This announcement to a bullish outlook for frozen potato processors in North America and therefore Lamb Weston reacting to the strong growth in the category, he contends. Growe does not foresee an increase in price competition or higher potato prices flowing from this capacity, and reiterates a Buy rating on Lamb Weston's shares.