Lance Inc.
 | |
| Company type | Subsidiary |
|---|---|
| Nasdaq: LNCE | |
| Industry | Food |
| Founded | 1913 |
| Founder | Phillip Lance |
| Headquarters | Charlotte, North Carolina, U.S. |
| Products | Snack food |
Number of employees | 5,500 |
| Parent | Snyder's-Lance |
| Website | lance.com |
Lance, Inc. is an American brand of snack foods owned by the Snyder's-Lance company headquartered in Charlotte, North Carolina. As of 2018, Snyder's-Lance is owned by Campbell Soup Company.
Merger
[edit]On July 22, 2010, Lance announced that it would merge with Snyder's of Hanover. The resulting company, known as Snyder's-Lance Inc., would remain publicly traded under the LNCE symbol. Headquarters would remain in Charlotte.[1] On December 2, Lance shareholders approved the deal that created the country's second largest snack food company.[2]
Nabs
[edit]Many snack cracker products manufactured by Lance are commonly referred to as "nabs", a genericized trademark name for snack crackers that originated with a competitor, the Nabisco company. The term originated in 1924 when the National Biscuit Company (Nabisco) introduced a snack, put in a 5-cent sealed packet called "Peanut Sandwich Packet". They soon added a second, "Sorbetto Sandwich Packet". These packets allowed salesmen to sell to soda fountains, road stands, milk bars, lunch rooms, newsstands etc. Sales increased and in 1928 the company adopted and started to use the name NAB, which immediately won the approval of the public.[3]
Products
[edit]
- Cracker and cookie sandwiches
- ToastChee
- Toasty
- Malt
- Whole Grain
- Captain's Wafers
- Nekot
- Quick Starts
- Various flavored nuts and seeds
- Gold-n-Chees crackers
- Various flavored popcorns[4]
References
[edit]- ^ Sentementes, Gus G. (July 23, 2010). "Snyder's of Hanover to merge with N. Carolina snack maker Lance". The Baltimore Sun. Retrieved 2019-11-23.
- ^ "Lance shareholders support merger plan". Winston-Salem Journal. Associated Press. 2010-12-03. Archived from the original on 2012-09-26. Retrieved 2019-11-23.
- ^ Duffin-Ward, Maureen (2004). Suddenly Southern: A Yankee's Guide to Living in Dixie (Google books preview). New York: Simon & Schuster. p. 44. ISBN 9780743254953. Retrieved 2012-04-19.
- ^ "Products". Lance.
External links
[edit]
| International | |
|---|---|
| National | |