{"schema_version":"secwatch.filing_event.v1","accession":"0001739566-23-000059","form_type":"8-K","ticker":"UTZ","cik":"0001739566","company_name":"Utz Brands, Inc.","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.330517+00:00","generated_at":"2026-06-16T13:14:37.450354+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Utz Brands to close Birmingham plant; expects $3-5M cash charges, $8.5-11M impairment","bullets":["Permanently ceasing manufacturing at Birmingham, AL facility effective July 3, 2023.","Approximately 275 employees affected; ~100 will remain in distribution center.","Pre-tax cash charges of $3.0M-$5.0M in FY2023, including $1.5M severance.","Non-cash asset impairment charges of $8.5M-$11.0M expected.","Golden Flake and other products will be produced at other Utz facilities; no distribution issues."],"urls":{"canonical":"https://secwatch.observer/filing/0001739566-23-000059","json":"https://secwatch.observer/filing/0001739566-23-000059.json","markdown":"https://secwatch.observer/filing/0001739566-23-000059.md","text":"https://secwatch.observer/filing/0001739566-23-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000059/0001739566-23-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000059/utz-20230424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T13:14:37.450354+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"07b4c69caedf17e95b593c86c1d7a70cc0947bfd","claim":"Utz Brands, Inc. announced a impairment with charges of approximately $8.5 million to $11.0 million affecting manufacturing facility located in Birmingham, Alabama.","evidence_excerpt":"The Company also expects to incur non-cash charges of approximately $8.5 million to $11.0 million in asset impairments.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000059/0001739566-23-000059-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"impairment"},{"label":"Charge","value":"approximately $8.5 million to $11.0 million"},{"label":"Affected area","value":"manufacturing facility located in Birmingham, Alabama"}],"fact_type":"restructuring_charge"},{"claim_id":"bc40c28a48de60840e7217351fd73ae34f05be17","claim":"Utz Brands, Inc. announced a restructuring with charges of approximately $3.0 million to $5.0 million affecting manufacturing facility located in Birmingham, Alabama.","evidence_excerpt":"The Company currently expects to incur pre-tax cash charges of approximately $3.0 million to $5.0 million in connection with the Manufacturing Closure in fiscal year 2023, which is expected to include $1.5 million in severance costs and $1.5 million to $3.5 million in closing and transfer of production costs.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000059/0001739566-23-000059-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $3.0 million to $5.0 million"},{"label":"Affected area","value":"manufacturing facility located in Birmingham, Alabama"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}