Using your mixer with the paddle attachment, whip the shortening on medium speed for about 5 minutes or until very light, scraping the sides of the bowl as needed.
Add the Loranne flavoring, water and salt and mix to combine.
Add the powdered sugar, a few cups at a time and mix until all the powdered sugar has been combined.
Remove the paddle attachment and switch to a whip attachment. Whip the frosting mixture on medium until it is very light. This is the trick to making it taste like bakery frosting, so don;t skip the whipping part!
The frosting is now readty to us. If you prefer a thinner frosting for icing cakes, just add 1 tsp of water at a time until you have your desired consisitacy.
Frosting can be stored at room temperature in a tightly sealed container for several weeks. You can also freeze the frosting in smaller qualtities and defrost at room tep=moerature as needed.