Lancaster Colony to Acquire Sauce and Dressing Production Facility [Yahoo! Finance]
Lancaster Colony Corporation (LANC)
Last lancaster colony corporation earnings: 10/26 07:20 am
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lancastercolony.com/investors/events-and-presentations/default.aspx
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Source: Yahoo! Finance
sauce and dressing production facility located in Atlanta, Georgia from Winland Foods, Inc. This asset purchase transaction is expected to close in the first quarter of calendar year 2025, subject to customary closing conditions, with a purchase price of approximately $75 million. The production facility accounts for a total of approximately 300,000 square feet, of which approximately 250,000 square feet are designated for manufacturing. David A. Ciesinski, Lancaster Colony's CEO, commented "We are very pleased to have reached an agreement to acquire this production facility as an important strategic addition to our manufacturing network. This facility will benefit our core sauce and dressing operations through improved operational efficiency, incremental capacity, and closer proximity to certain core customers while enhancing our manufacturing network from a business continuity standpoint. We evaluated several scenarios to support our continued growth and determined this asset purc
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News
- Q3 Earnings Outperformers: Lancaster Colony (NASDAQ:LANC) And The Rest Of The Shelf-Stable Food Stocks [Yahoo! Finance]Yahoo! Finance
- 14 Upcoming Dividend Increases, Including A King [Seeking Alpha]Seeking Alpha
- Is ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) a Strong ETF Right Now? [Yahoo! Finance]Yahoo! Finance
- Is Lancaster Colony Corporation's (NASDAQ:LANC) Recent Stock Performance Influenced By Its Fundamentals In Any Way? [Yahoo! Finance]Yahoo! Finance
- Lancaster Colony to acquire Winland Foods' sauces and dressings facility [Yahoo! Finance]Yahoo! Finance
LANC
Earnings
- 10/31/24 - Miss
LANC
Sec Filings
- 12/6/24 - Form 8-K
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- LANC's page on the SEC website