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Lancer history
Lancer company history timeline
Two brothers, George and Alfred A. Schroeder, founded Lancer Corporation on December 18, 1967 in San Antonio, Texas.
Lancer was associated closely with the Coca-Cola Company since 1967.
In 1971, Lancer began manufacturing our own equipment, including our very first mechanically-cooled beverage dispenser, and we’ve been leading the industry in innovation ever since.
In 1991, Lancer's sales to Coca-Cola accounted for 71 percent of the company's total revenue.
In 1994, 49 percent of total net sales came from beverage dispensing systems.
In 1995, Lancer acquired the Australian company Glenn Pleass Holdings Pty.
In 1996 Lancer launched a new line of ice and beverage dispensers, as well as a new high-tech, front-loading, microprocessor-controlled citrus counter-top dispenser.
By 1996, direct sales to Coca-Cola increased 15.4 percent.
Lancer's Brazilian subsidiary, Lancer do Brasil, began operations in January of 1997.
Lancer expected to be active in 100 countries during 1997. "Lancer," the Schroeders revealed in an annual report, "is poised to strengthen its presence and its product offerings in those areas of the world that have the highest growth rates for dispensed beverages."
Lancer's board of directors approved a third three-for-two stock split, effected as a 50 percent dividend, in 1997.
Lancer Container Lines was formed in 2011 acknowledging the Indian industry's need for competitive and quality Logistic services to provide superior service through clear concise two-way communication.
At 1.79 million, demat accounts opened in June fewest since Feb 2021
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Lancer competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| BUNN | 1957 | $500.0M | 600 | - |
| Metz | 1938 | $400,000 | 550 | - |
| Toppers | - | $1.6M | 30 | 1 |
| Central Products | 1981 | $300.0M | 169 | - |
| Pigeon Corporation. | - | $29.9B | 5 | - |
| B.O.H LLC | - | - | 31 | - |
| Golden Flake Snack Foods | 1923 | $240.0M | 735 | 28 |
| Tropicana Beverage Group | 1947 | $1.1B | 3,000 | 14 |
| Lorenzo International | - | $4.2M | 125 | 2 |
| Haywood Company | 1969 | $16.0M | 50 | 3 |
Lancer history FAQs
Zippia gives an in-depth look into the details of Lancer, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lancer. The employee data is based on information from people who have self-reported their past or current employments at Lancer. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Lancer. The data presented on this page does not represent the view of Lancer and its employees or that of Zippia.
Lancer may also be known as or be related to Lancer and Lancer Corporation.