Lancaster Colony Corporation

#2815

Rank

$4.63B

Marketcap

United States

Country

Leadership team

Mr. John B. Gerlach Jr. (Exec. Chairman)

Mr. David A. Ciesinski (Pres, CEO & Director)

Mr. Thomas K. Pigott (VP, Assistant Sec. & CFO)

Products/ Services

Food and Beverage, Manufacturing

Number of Employees

1,000 - 20,000

Headquarters

Westerville, Ohio, United States

Established

1959

Company Registration

SEC CIK number: 0000057515

Net Income

100M - 500M

Revenue

Above - 1B

Traded as

LANC

Social Media

URL

https://www.lancastercolony.com

Overview

Location

Recognition and Award

References

Summary

Lancaster Colony Corporation engages in the manufacturing and marketing of food products for the retail and foodservice markets in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Simply Dressed, Cardini's, and Girard's; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti; and frozen pasta under the Marzetti Frozen Pasta brand. It also manufactures and sells other shelf-stable products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.

History

T. Marzetti started out as an Italian restaurant in Columbus, Ohio, started by the couple of Teresa and Joseph Marzetti, recent Italian immigrants, in 1896. Teresa's opening credo was:

"We will start a new place and serve good food. At a profit if we can, at a loss if we must, but we will serve good food."Marzetti's became a local favorite especially among Ohio State University students, and grew to become a four star restaurant. Customers particularly enjoyed Teresa's Johnny Marzetti, a pasta dish named for her brother-in-law, as well as her homemade salad dressings. By 1955, Marzetti's upstairs kitchen of the restaurant became a full-scale factory, and the Marzetti brand of salad dressings found its way into grocery stores throughout Ohio. After Teresa Marzetti's death in 1972, the restaurant closed, but the company and factory have continued on to this day.

Mission

Our mission is to bring flavorful and memorable experiences to people through a portfolio of innovative and delicious food products.

Vision

Our vision is to be a leader in the global food industry and bring remarkable value to our consumers and stakeholders through innovative, high-quality products and services.

Key Team

Mr. David S. Nagle (Chief Supply Chain Officer of T. Marzetti Company)

Mr. Carl R. Stealey (Pres of Retail Division at T. Marzetti Company)

Ms. Kristin J. Bird (Pres of Foodservice Division of T. Marzetti Company)

Dale N. Ganobsik (VP of Investor Relations & Treasurer)

Mr. Matthew R. Shurte (Gen. Counsel, Chief Ethics Officer & Sec.)

Mr. Douglas A. Fell (Transformation Program Officer)

Janet A. Murch (Corp. Controller)

Recognition and Awards

Lancaster Colony Corporation has won numerous awards, including being named one of the Best Places to Work in Columbus, Ohio by Smart Business Magazine in 2012, and being recognized by Forbes as one of America’s Most Trustworthy Companies in 2017.