Utz Brands Inc
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
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Item 2. Properties
Our corporate headquarters is located at 900 High Street, Hanover, Pennsylvania 17331. We own the property for this corporate office, which includes approximately 44,000 square feet of corporate office space adjacent to one of our manufacturing facilities. In addition, we own other corporate office spaces in Hanover, Pennsylvania, including 1040 High Street with 16,000 square feet of office space, 240 Kindig Lane with 8,000 square feet of office space, and 350 Kindig Lane with 6,000 square feet of office space.
At February 14, 2024, we operated 10 principal manufacturing sites located in Algona, Washington; Goodyear, Arizona; Fitchburg, Massachusetts; Wilkes-Barre, Pennsylvania; Hanover, Pennsylvania; Berlin, Pennsylvania; Grand Rapids, Michigan; and Kings Mountain, North Carolina.
At February 14, 2024, we also operated 24 owned warehousing and distribution centers across the United States. These facilities supplement the warehousing and distribution capabilities co-located at our manufacturing facilities to ensure cost efficient delivery and timely access to products by our customers and DSD distributors. In total, we own approximately 38 properties in the United States that include manufacturing locations, warehouses, and office locations.
At February 14, 2024, we leased approximately 180 properties in the United States, which include warehouse locations, offices and small storage bins. We believe that our properties, taken as a whole, are generally well maintained and are adequate for our current and foreseeable business needs. Though we believe that our facilities are sufficient to meet our current needs, we believe that suitable additional space will be available as and when needed to maintain and support our ongoing business needs.
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