Lancaster Colony to acquire Winland Foods' sauces and dressings facility [Yahoo! Finance]
Lancaster Colony Corporation (LANC)
Last lancaster colony corporation earnings: 10/26 07:20 am
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Source: Yahoo! Finance
The US food business said its is buying the 300,000 square-foot plant, complete with 250,000 sq ft of manufacturing space, for around $75m. Lancaster Colony CEO David Ciesinski said that the “agreement to acquire this production facility” is a key addition to the company's “manufacturing network”. He added: “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 purchase to be the most practical and cost-effective solution for our long-term business needs.” Lancaster Colony, along with its subsidiary T. Marzetti, manufactures and sells speciality food products across the retail and foodservice channels. Retail offerings include Marzetti dressings and dips, New York Bakery garlic breads,
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News
- LANC to Acquire Atlanta-Based Sauce and Dressing Production Plant [Yahoo! Finance]Yahoo! Finance
- Lancaster Colony Co. (NASDAQ: LANC) had its "equal weight" rating re-affirmed by analysts at Stephens. They now have a $196.00 price target on the stock.MarketBeat
- Lancaster Colony Co. (NASDAQ: LANC) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
- Lancaster Colony to Acquire Sauce and Dressing Production Facility [Yahoo! Finance]Yahoo! Finance
- Lancaster Colony to Acquire Sauce and Dressing Production FacilityBusiness Wire
LANC
Earnings
- 10/31/24 - Miss
LANC
Sec Filings
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- 11/7/24 - Form 4
- LANC's page on the SEC website