Despite reports circulating today that Lanco, Ronkonkoma, N.Y., was shutting its headquarters and laying off more than 100 employees, the company is remaining in business, albeit with a purchase plan in place with nearby Nassau Candy, which also has a partnership with Chocolate Inn/Taylor & Grant.
“The bottom line is that there will be no business disruption,” Scott Slade, president of Lanco, said in a phone call to Promo Marketing. “They’re going to keep the facility, keep the employees in place, and continue running business as usual.”
News broke this morning after a New York Worker Adjustment and Retraining Notification was submitted on Nov. 3 from Lanco, implying that a change would impact its 130 employees.
Slade didn’t give a specific date that the purchase agreement will be completed, but said that the company is already servicing customers through the new partnership.
“Our customers will actually end up having a better experience with Lanco,” he added.
We’ll continue to follow this story as it develops.
For more information on Lanco, visit www.lancopromo.com.
