ConAgra Expects $525 Million of Capex in 2011 Fiscal Year, an Industrial Info News Alert

Researched by Industrial Info Resources (Sugar Land, Texas) -- ConAgra Foods Incorporated (Omaha, Nebraska) recently reported fourth-quarter and full-year earnings for the company's 2010 fiscal year, which ended May 30, 2010. Although ConAgra's operating profits for the year were up 10.7%, net income of $723.3 million was down 26% from the 2009 fiscal year. Industrial Info is tracking more than $430 million of ConAgra projects, including the construction of a sweet-potato processing plant in Delhi, Louisiana, and the expansion of the company's snack-food manufacturing facility in Troy, Ohio.

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