---
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"
generated_at: "2026-06-16T13:14:37.450354+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Utz Brands to close Birmingham plant; expects $3-5M cash charges, $8.5-11M impairment

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.05
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001739566-23-000059
- JSON: https://secwatch.observer/filing/0001739566-23-000059.json
- Plain text: https://secwatch.observer/filing/0001739566-23-000059.txt

## Key facts
- Restructurings & Charges
  Utz Brands, Inc. announced a impairment with charges of approximately $8.5 million to $11.0 million affecting manufacturing facility located in Birmingham, Alabama.
  - Type: impairment
  - Charge: approximately $8.5 million to $11.0 million
  - Affected area: manufacturing facility located in Birmingham, Alabama
  source text: The Company also expects to incur non-cash charges of approximately $8.5 million to $11.0 million in asset impairments.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1739566/000173956623000059/0001739566-23-000059-index.htm
- Restructurings & Charges
  Utz Brands, Inc. announced a restructuring with charges of approximately $3.0 million to $5.0 million affecting manufacturing facility located in Birmingham, Alabama.
  - Type: restructuring
  - Charge: approximately $3.0 million to $5.0 million
  - Affected area: manufacturing facility located in Birmingham, Alabama
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1739566/000173956623000059/0001739566-23-000059-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.