Lakeside Foods Purchases Former Investors Bank Building
Manitowoc, WI (August 24, 2022) – Today, Lakeside Foods completed a real estate transaction to purchase the former Investors Bank/Manitowoc Company office building on South 44th Street on the city’s west side. Lakeside Foods purchased the building from Nicolet Bank, which acquired Investors Bank last year.
The company will make minor renovations to fit its space needs, including adding a Quality Assurance lab, and anticipates moving its corporate team into the new space in spring 2023.
Lakeside Foods has been at its current downtown Hamilton Street location since 2000, when it purchased the former public library from the city. Since then, the company has grown its business significantly and has run out of space in the current building. Lakeside currently has 149 corporate office employees and projects continued growth in the coming years.
“Manitowoc has been our home since our founding 135 years ago, and we have continued to invest in our presence here with expansions at our production and warehouse facilities,” said Joe Yanda, President and Chief Executive Officer. “Now, we’re excited to invest in a larger space for our corporate staff, which has steadily grown as we’ve expanded our customer base and made numerous acquisitions.”
About Lakeside Foods, Inc.
Lakeside Foods is a premier supplier of high-quality frozen and canned foods to the retail, food service and industrial sectors. Since its beginning in 1887 as a small pea-canning plant, Lakeside Foods has expanded to 14 production facilities, producing canned and frozen vegetables, canned meat, smoked sausage and hot dogs, canned dry beans, frozen desserts, appetizers, and canned pet food that are distributed in 14 countries. Lakeside Foods manages its vegetable growing and harvesting operations through a network of regional farmers, ensuring food quality and freshness from farm to table. The company is family owned and based in Manitowoc, Wis.
Anne Smith APR
(920) 684-3356 Ext. 4032