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Stock impact report

Utz Brands Announces Opening of Rice Distribution Center [Yahoo! Finance]

Utz Brands Inc Class A (UTZ) 
Company Research Source: Yahoo! Finance
HANOVER, Pa., December 04, 2024 BUSINESS WIRE Utz Brands, Inc. (NYSE: UTZ) ("Utz" or the "Company"), a leading U.S. manufacturer of branded salty snacks, is pleased to announce the opening of the Rice Distribution Center - a brand new, state-of-the-art logistics center located in Hanover, Pennsylvania. The logistics center is named in honor of Michael W. Rice, the grandson of Bill and Salie Utz, who recently retired after over 50 years of service with Utz. The 650,000 square foot center will serve as the primary logistics hub for inventory storage, consolidation and distribution for Utz facilities located across the United States. The center boasts 73 dock doors and 375 trailer parking spots and will utilize advanced warehouse management system functionality. To put the size of this building into context, it could house approximately 11 football fields, 9 Boeing 747s, and 46.8 million Utz Cheese Ball "barrels" inside its four walls. Additionally, we estimate that this facility will Show less Read more
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