Latest news with #Marzetti
Yahoo
01-07-2025
- Business
- Yahoo
Specialty Food Maker Lancaster Colony Rebrands as The Marzetti Company
The Marzetti Company to Ring the Nasdaq Closing Bell on July 10, 2025 WESTERVILLE, Ohio, July 01, 2025--(BUSINESS WIRE)--Lancaster Colony Corporation today unveiled its new name, The Marzetti Company, and will begin trading under the ticker symbol MZTI. The rebrand signals the future of the specialty food manufacturer while honoring the 130-year history of its flagship brand of dressings and dips. Teresa Marzetti opened an Italian restaurant in Columbus, Ohio in 1896, growing it into a local favorite best known for its salad dressings. Today, the Marzetti brand is among the market leaders in the refrigerated dressings category and the leading brand in the produce dips category. Lancaster Colony acquired Marzetti in 1969 and went on to build a portfolio of beloved, family-founded food brands including category-leading Sister Schubert's dinner rolls, New York Bakery garlic bread, Reames noodles, and more. By 2014, the company had divested the last of its non-food businesses and was strategically positioned as a manufacturer of specialty food products sold into both retail and foodservice channels. More recently, the company has entered into licensing agreements to sell popular restaurant brands at retail including Olive Garden, Chick-fil-A, Buffalo Wild Wings, Arby's, Subway, and Texas Roadhouse. "Marzetti is embarking on a transformational chapter and doing so under the name that started it all 130 years ago," said Dave Ciesinski, President and CEO of The Marzetti Company. "More so than ever, consumers want authenticity and transparency from the companies behind their favorite brands, and the Marzetti name represents our commitment to delivering high-quality, flavorful products that make every meal better." "While Lancaster Colony will always be an important part of our heritage, we believe the Marzetti name is critical to positioning ourselves in today's food industry and communicating the value we deliver for customers and shareholders alike," added Ciesinski. To celebrate its new name and ticker symbol, The Marzetti Company will ring the Nasdaq stock market closing bell on Thursday, July 10, 2025. About The Marzetti Company: The Marzetti Company (Nasdaq: MZTI) manufactures and sells specialty food products. Our retail brands include Marzetti® dressings and dips, New York Bakery™ garlic breads, and Sister Schubert's® dinner rolls, in addition to exclusive license agreements for Olive Garden® dressings, Chick-fil-A® sauces and dressings, Buffalo Wild Wings® sauces, Arby's® sauces, Subway® sauces, and Texas Roadhouse® steak sauces and frozen rolls. Our foodservice business supplies sauces, dressings, breads, and pasta to many of the top restaurant chains in the United States. At Marzetti, our mission is to make every meal better through high-quality, flavorful food. Led by our purpose, to nourish growth with all that we do, our 3,900 team members are dedicated to creating great tasting food and cultivating deep and lasting relationships. To learn more, please visit View source version on Contacts Media Contact: Alysa Investor Contact: Dale Sign in to access your portfolio
Business Wire
01-07-2025
- Business
- Business Wire
Specialty Food Maker Lancaster Colony Rebrands as The Marzetti Company
WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation today unveiled its new name, The Marzetti Company, and will begin trading under the ticker symbol MZTI. The rebrand signals the future of the specialty food manufacturer while honoring the 130-year history of its flagship brand of dressings and dips. Teresa Marzetti opened an Italian restaurant in Columbus, Ohio in 1896, growing it into a local favorite best known for its salad dressings. Today, the Marzetti brand is among the market leaders in the refrigerated dressings category and the leading brand in the produce dips category. Lancaster Colony acquired Marzetti in 1969 and went on to build a portfolio of beloved, family-founded food brands including category-leading Sister Schubert's dinner rolls, New York Bakery garlic bread, Reames noodles, and more. By 2014, the company had divested the last of its non-food businesses and was strategically positioned as a manufacturer of specialty food products sold into both retail and foodservice channels. More recently, the company has entered into licensing agreements to sell popular restaurant brands at retail including Olive Garden, Chick-fil-A, Buffalo Wild Wings, Arby's, Subway, and Texas Roadhouse. 'Marzetti is embarking on a transformational chapter and doing so under the name that started it all 130 years ago,' said Dave Ciesinski, President and CEO of The Marzetti Company. 'More so than ever, consumers want authenticity and transparency from the companies behind their favorite brands, and the Marzetti name represents our commitment to delivering high-quality, flavorful products that make every meal better.' 'While Lancaster Colony will always be an important part of our heritage, we believe the Marzetti name is critical to positioning ourselves in today's food industry and communicating the value we deliver for customers and shareholders alike,' added Ciesinski. To celebrate its new name and ticker symbol, The Marzetti Company will ring the Nasdaq stock market closing bell on Thursday, July 10, 2025. About The Marzetti Company: The Marzetti Company (Nasdaq: MZTI) manufactures and sells specialty food products. Our retail brands include Marzetti ® dressings and dips, New York Bakery™ garlic breads, and Sister Schubert's ® dinner rolls, in addition to exclusive license agreements for Olive Garden ® dressings, Chick-fil-A ® sauces and dressings, Buffalo Wild Wings ® sauces, Arby's ® sauces, Subway ® sauces, and Texas Roadhouse ® steak sauces and frozen rolls. Our foodservice business supplies sauces, dressings, breads, and pasta to many of the top restaurant chains in the United States. At Marzetti, our mission is to make every meal better through high-quality, flavorful food. Led by our purpose, to nourish growth with all that we do, our 3,900 team members are dedicated to creating great tasting food and cultivating deep and lasting relationships. To learn more, please visit
Miami Herald
30-06-2025
- Automotive
- Miami Herald
Scout Exec Sees Opportunity In Rivian Layoffs
Rivian last week laid off 140 employees, representing about 1% of its workforce, prompting Jacopo Marzetti, head of logistics at Scout Motors, to encourage them to apply at the Volkswagen Group brand, which aims to launch its first electric vehicles in 2027. "Sympathy and support to the employees impacted by the latest Rivian layoffs," Marzetti wrote Monday in a LinkedIn post. "Have a look to the Scout Motors career website and apply directly to join our team." The post included a link to the Scout career site, which listed 127 job openings at the time of publication covering areas ranging from sales and management of parts supplies, to software development and vehicle engineering. TechCrunch reported last week that most of the Rivian layoffs affected the automaker's manufacturing team, and that employees were being encouraged to apply to other open positions within the company. Both Rivian and Scout are in the midst of production ramp-ups. Rivian is looking to start manufacturing its R2 electric SUV in 2026. First shown in 2024, the R2 is a smaller model with a targeted base price of $45,000 that could open up a wider audience for Rivian, making it key to the automaker's continued development. Scout, meanwhile, is trying to get its first products to customers. A revival of the classic International Harvester Scout name and ethos under the Volkswagen Group aegis, Scout plans to offer an SUV called the Traveler and a pickup truck called the Terra with a choice of all-electric or plug-in hybrid powertrains. The latter, dubbed Harvester, will use a naturally-aspirated four-cylinder engine to extend total range from the estimated 350 miles of all-electric Scout models to about 500 miles. Concept versions of both the Traveler and Terra were shown in late 2023, with designs expected to mostly carry over to production, which would create the closest rivals to the Rivian R1S and R1T we've seen so far. In addition to completing development work on the vehicles themselves, Scout must complete construction of a $2 billion South Carolina factory, which targets up to 200,000 vehicles a year, the brand has said. True to its name, Scout will take a different approach to Rivian-and other VW Group brands-with a body-on-frame platform for maximum authenticity. But Scout will have access to Rivian's zonal electrical architecture and software under a $5.8 billion joint venture between Rivian and the VW Group announced in late 2024. It's still unclear which production vehicles will benefit from this partnership, but Rivian's tech will be in the toolbox Scout can rummage through as it looks to complete development of its rugged new vehicles. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Auto Blog
30-06-2025
- Automotive
- Auto Blog
Scout Exec Sees Opportunity In Rivian Layoffs
Rivian last week laid off 140 employees, representing about 1% of its workforce, prompting Jacopo Marzetti, head of logistics at Scout Motors, to encourage them to apply at the Volkswagen Group brand, which aims to launch its first electric vehicles in 2027. 'Sympathy and support to the employees impacted by the latest Rivian layoffs,' Marzetti wrote Monday in a LinkedIn post. 'Have a look to the Scout Motors career website and apply directly to join our team.' Rivian R1T delivers on this EV feature that Tesla forgot Watch More The post included a link to the Scout career site, which listed 127 job openings at the time of publication covering areas ranging from sales and management of parts supplies, to software development and vehicle engineering. TechCrunch reported last week that most of the Rivian layoffs affected the automaker's manufacturing team, and that employees were being encouraged to apply to other open positions within the company. Two EV Brands Ramp Up Source: Eric Anderson/Rivian Both Rivian and Scout are in the midst of production ramp-ups. Rivian is looking to start manufacturing its R2 electric SUV in 2026. First shown in 2024, the R2 is a smaller model with a targeted base price of $45,000 that could open up a wider audience for Rivian, making it key to the automaker's continued development. Scout, meanwhile, is trying to get its first products to customers. A revival of the classic International Harvester Scout name and ethos under the Volkswagen Group aegis, Scout plans to offer an SUV called the Traveler and a pickup truck called the Terra with a choice of all-electric or plug-in hybrid powertrains. The latter, dubbed Harvester, will use a naturally-aspirated four-cylinder engine to extend total range from the estimated 350 miles of all-electric Scout models to about 500 miles. Concept versions of both the Traveler and Terra were shown in late 2023, with designs expected to mostly carry over to production, which would create the closest rivals to the Rivian R1S and R1T we've seen so far. In addition to completing development work on the vehicles themselves, Scout must complete construction of a $2 billion South Carolina factory, which targets up to 200,000 vehicles a year, the brand has said. Some Common Ground Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. True to its name, Scout will take a different approach to Rivian—and other VW Group brands—with a body-on-frame platform for maximum authenticity. But Scout will have access to Rivian's zonal electrical architecture and software under a $5.8 billion joint venture between Rivian and the VW Group announced in late 2024. It's still unclear which production vehicles will benefit from this partnership, but Rivian's tech will be in the toolbox Scout can rummage through as it looks to complete development of its rugged new vehicles. About the Author Stephen Edelstein View Profile
Yahoo
25-03-2025
- Business
- Yahoo
Marzetti and TABASCO Brand Unite to Unleash the Ultimate Spicy Ranch
Marzetti® Spicy Ranch Seasoned with TABASCO® Sauce brings the perfect blend of heat and creaminess to fans who refuse to settle. COLUMBUS, Ohio, March 25, 2025--(BUSINESS WIRE)--For over a century, Marzetti and TABASCO® Brand have been crafting craveable flavors. Now, for the first time ever, these two trusted brands have teamed up to unleash the ultimate refrigerated spicy ranch—a rich, creamy Marzetti ranch fused with the unmistakable flavor and excitement of TABASCO® Pepper Sauce. With spicy food booming and ranch remaining America's #1 dressing, consumers are increasingly seeking higher quality, better-tasting products that deliver flavor without compromise. Found in the fresh produce aisle, this refrigerated dressing is made with quality ingredients, no preservatives and no artificial flavors, bringing a much-needed punch of flavor to the refrigerated dressings category. Perfectly balancing the creaminess of Marzetti Ranch with the flavor and heat of TABASCO® Sauce, this dressing is artfully blended to elevate—not overpower—your favorite pizza, wings, fries, salads, burgers, tacos and more. "Hot sauce and ranch fans take their favorites seriously. Consumers aren't just chasing heat; they crave balance and depth of flavor, and that's exactly what our culinary team delivered," said Brett Castle, Vice President of Brand Management at T. Marzetti Company. "TABASCO® Brand is the highest-trusted name in heat and pepper expertise, making it the ideal partner for us to bring a spicy ranch to the refrigerated dressings category." This spicy ranch brings a twist to the traditional refrigerated dressing space and proves that ingredient-conscious consumers don't have to compromise on flavor. The collaboration, which was facilitated by IMG Licensing, will be a game-changer for ranch lovers and heat seekers alike. It's a new era for indulgent taste. "For over 150 years, TABASCO® Brand has made food more exciting with our products' signature kick of heat and flavor," added Kate Neuhaus, Director of Global Marketing Communications at McIlhenny Company. "We're thrilled to collaborate with Marzetti to bring our pepper expertise into the world of refrigerated ranch dressings and can't wait to see how fans use it to make their favorite foods even more exciting." Fans can find Marzetti Spicy Ranch Seasoned with TABASCO® Sauce in the refrigerated produce section at Kroger nationwide now, with availability at Walmart and other local grocery stores by May. To learn more and stay up to date on additional distribution, visit About T. Marzetti Company: T. Marzetti Company manufactures and sells specialty food products. Our retail brands include Marzetti® dressings and dips, New York Bakery™ garlic breads, and Sister Schubert's® dinner rolls, in addition to exclusive license agreements for Olive Garden® dressings, Chick-fil-A® sauces and dressings, Buffalo Wild Wings® sauces, Arby's® sauces, Subway® sauces, and Texas Roadhouse® steak sauces and frozen rolls. Our foodservice business supplies sauces, dressings, breads, and pasta to many of the top restaurant chains in the United States. At T. Marzetti, our mission is to make every meal better through high-quality, flavorful food. Led by our purpose, to nourish growth with all that we do, our 3,800 team members are dedicated to creating great tasting food and cultivating deep and lasting relationships. T. Marzetti Company is a wholly owned subsidiary of Lancaster Colony Corporation (NASDAQ: LANC). About McIlhenny Company & TABASCO® Brand From our home on Avery Island, Louisiana, McIlhenny Company produces TABASCO® Brand products, including the legendary TABASCO® Original Red Sauce. A household and restaurant staple around the world, TABASCO® Sauce is sold in more than 195 countries and territories and labeled in more than 36 languages and dialects. With more than 155 years of pepper expertise, our family-owned and operated company is constantly experimenting with new flavors and products to carry on our legacy of exciting the world's most popular food and drinks. Our core range of pepper sauces includes TABASCO® Original Red Sauce, TABASCO® Jalapeño Sauce, TABASCO® Chipotle Sauce, TABASCO® Sweet Chili Sauce, TABASCO® Sriracha, TABASCO® Habanero Sauce, TABASCO® Scorpion Sauce, TABASCO® Buffalo Style Sauce, and our new TABASCO® Salsa Picante. To learn more about how we #LightThingsUp please visit us at or follow us on Facebook, Instagram, X, TikTok and LinkedIn. TABASCO® Brand and the DIAMOND and BOTTLE LOGOS are trademarks of and licensed by McIlhenny Company, Avery Island, Louisiana 70513 USA. About IMG: IMG is a global sports, events and representation company. It is a leader in rights management, multi-channel content production and distribution, consultancy and fan engagement; owns, produces and commercially represents hundreds of live events and experiences; and manages licensing programs for the world's best-known brands and trademarks. View source version on Contacts Media Contacts: Belle Communication Violet Pocockdressings@ (239) 974-6764 T. Marzetti Company Alysa Sign in to access your portfolio
