Utz Brands, Inc. Announces Network Optimization Initiatives to Support Volume Growth and Reduce Costs
Utz Brands, Inc. (NYSE: UTZ) and its affiliated entities (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced several network optimization initiatives that are expected to support long-term volume growth and reduce costs.
- Utz Brands, Inc. (NYSE: UTZ) and its affiliated entities (“Utz” or the “Company”), a leading U.S. manufacturer of branded salty snacks, today announced several network optimization initiatives that are expected to support long-term volume growth and reduce costs.
- These actions are expected to create a more efficient and flexible network to support the Company’s growth and better serve its customers.
- The volume from these closed facilities is expected to be absorbed by the remaining plant network and should reduce fixed overhead and drive efficiencies in manufacturing conversion costs.
- The Carlisle Street Plant is the Company’s oldest plant and served as a kettle chip manufacturing plant, producing the Company’s Utz®, Grandma Utz®, and Zapp’s® brands.