Brief: Lancaster Colony's unit to expand Kentucky facility

Marzetti Co

29/11/2018 18:57

Nov 29 (Reuters) - Lancaster Colony Corp  LANC.O :
    * LANCASTER COLONY CORP - UNIT ENTERED INTO A DESIGN/BUILD
AGREEMENT WITH SHAMBAUGH AND SON
    * LANCASTER COLONY CORP - PROJECT WILL RESULT IN AN
EXPANSION OF
CURRENT FACILITY FOOTPRINT AND FREEZER SPACE
    * LANCASTER COLONY CORP - UNIT WILL PAY SHAMBAUGH NO MORE
THAN
GUARANTEED MAXIMUM PRICE OF APPROXIMATELY $40 MILLION FOR
PROJECT
    * LANCASTER COLONY - SHAMBAUGH WILL BUILD ADDITIONAL FROZEN
ROLL
MANUFACTURING AND WAREHOUSING CAPACITY FOR UNIT'S FACILITY IN
HART COUNTY, KENTUCKY

Source (https://bit.ly/2QnyL4R)
Further company coverage:  LANC.O 

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