Improved parfried and frozen French fry potato strips and a related production process are provided, wherein the French fry strips exhibit a relatively high solids content and a correspondingly low moisture content in the parfried frozen state. Elongated cut French fry strips are initially blanched and then subjected to an extended dry step for removing moisture therefrom. Following the dry step, the potato strips are partially rehydrated by contacting the external surfaces thereof with a moisture-laden agent such as a batter coating, followed by a single parfry step and prompt freezing. The parfried frozen potato strips exhibit a high solids content on the order of about 33-42%. These high solids strips can be finish prepared by finish frying, or by alternative methods such as heating in a convection oven, with the finish prepared potato strips exhibiting a desirable set of taste, texture and color attributes.