Utz Brands to Upgrade Hanover Campus; Shares Rise

MT Newswires Live

Sep 19

Utz Brands (UTZ) said Thursday it plans to upgrade facilities in its Hanover, Pennsylvania, campus.

Under the multi-phase project, construction will begin in 2026 to overhaul the company's headquarters at 900 High Street into an employee hub. The company will also relocate its fitness center and DSD warehouse to the campus.

The company plans to develop a community center at the Carlisle Street Plant 1 location, which will continue to accommodate the Utz outlet store.

The company's buildings at 1040 High Street and 350 Kindig Lane in Hanover will be put up for sale, according to the company.

Shares of Utz Brands rose 1.2% in recent trading.

Price: 12.59, Change: +0.15, Percent Change: +1.24

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