{"schema_version":"secwatch.filing_event.v1","accession":"0001739566-23-000140","form_type":"8-K","ticker":"UTZ","cik":"0001739566","company_name":"Utz Brands, Inc.","filed_at":"2023-09-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.057317+00:00","generated_at":"2026-06-10T06:58:13.159382+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Utz Brands divests Bluffton plant, closes Carlisle St site, builds new DC","bullets":["Pre-tax charge of ~$11M in FY2023 from Bluffton plant sale, mostly non-cash; no material future cash outflows.","Carlisle Street plant (Hanover, PA) to cease Q1 2024; no job losses; volume absorbed by remaining network.","Entered co-manufacturing deal with Super-Pufft for TGIF products; future shift to owned facilities.","Signed built-to-suit lease for ~650,000 sq ft distribution center (Northeast Logistics Center) opening Q1 2025.","Listing for sale Louisiana plant (idle after Hurricane Ida) and Alabama plant (closed June 2023)."],"urls":{"canonical":"https://secwatch.observer/filing/0001739566-23-000140","json":"https://secwatch.observer/filing/0001739566-23-000140.json","markdown":"https://secwatch.observer/filing/0001739566-23-000140.md","text":"https://secwatch.observer/filing/0001739566-23-000140.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000140/0001739566-23-000140-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000140/utz-20230929.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T06:58:13.159382+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":"358d800d8ec938ed859c21b1009e02611395a7db","claim":"Utz Brands, Inc. announced a restructuring with charges of approximately $11 million affecting Bluffton, Indiana manufacturing facility (Buyer has offered all Company employees at the Facility employment within Buyer’s continuing business at the Facility).","evidence_excerpt":"Subject to the terms of the Purchase Agreements, Buyer has offered all Company employees at the Facility employment within Buyer’s continuing business at the Facility. The Company currently expects to incur pre-tax charges of approximately $11 million in connection with the Transactions in fiscal year 2023, substantially all of which are non-cash charges from the loss on sale of assets.","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000140/0001739566-23-000140-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $11 million"},{"label":"Affected area","value":"Bluffton, Indiana manufacturing facility"},{"label":"Headcount","value":"Buyer has offered all Company employees at the Facility employment within Buyer’s continuing business at the Facility"}],"fact_type":"restructuring_charge"},{"claim_id":"85714571ba06319f56dc997c8d0033bfa6a45d0c","claim":"Utz Brands, Inc. announced a restructuring affecting Carlisle Street Plant, Hanover, Pennsylvania (No job loss will occur due to the Carlisle Plant closure.).","evidence_excerpt":"Announced that the Company’s lowest-volume manufacturing plant in Hanover, Pennsylvania (the “Carlisle Street Plant”) will cease operations in the first quarter of 2024;","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1739566/000173956623000140/0001739566-23-000140-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Affected area","value":"Carlisle Street Plant, Hanover, Pennsylvania"},{"label":"Headcount","value":"No job loss will occur due to the Carlisle Plant closure."}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}