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LANC - Lancaster Colony Corporation ()

Overview

Company Summary


Lancaster Colony Corporation is a diversified food company that specializes in the production and marketing of consumer goods across a range of categories. Founded in 1961, the company is headquartered in Columbus, Ohio, and operates through three main segments: Retail, Foodservice, and Specialty Foods.

In the Retail segment, Lancaster Colony focuses on manufacturing and distributing various branded products that are primarily sold through grocery retailers. Their flagship brand is Marzetti, which offers a wide range of salad dressings, dips, and sauces. Other brands within this segment include Sister Schubert's, New York Bakery, and Reames, which offer products like frozen bread, rolls, and pasta.

The Foodservice segment primarily serves the restaurant, healthcare, food processing, and education industries. Lancaster Colony provides various food products, including salad dressings, frozen appetizers, sauces, and gravies. They cater to the needs of foodservice operators, institutional customers, and industrial customers.

The Specialty Foods segment covers the company's specialty manufacturing capabilities. Lancaster Colony produces and sells premium products under different brand names, catering to the needs of specialty food distributors, mass merchandisers, and other retailers. This segment includes brands like Flatout, a line of better-for-you flatbreads and wraps, and Angelic Bakehouse, which offers sprouted grain bread, rolls, and buns.

Lancaster Colony has built its success on a reputation for high-quality, innovative products that meet consumer demands. They invest in research and development to stay ahead of market trends and deliver products that align with evolving consumer preferences. The company's commitment to excellence and strong distribution network has established it as a leader in the food industry.

Overall, Lancaster Colony Corporation focuses on providing food products to both retail and foodservice channels, offering a diverse portfolio of brands that cater to a wide range of consumer preferences and needs.

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