Baking & Snack - October 2021 - 32

UTZ BRANDS, INC.
citement and bring a lot of energy into the room because
our company is changing all the time, " he explained.
" You have to like the high pace and activity level. For our
engineers, it's exciting because you get to work on new
projects or build a new plant. "
Tale of two acquisitions
Despite Utz Brands' experience in acquisitions, Mr.
Lawrence said, integrating a new operation into an existing
one takes time, often six months to a year to learn
the new business, identify the operational synergies,
maximize efficiencies and blend the cultures together.
" We just celebrated our 10-year anniversary on our
first external acquisition that wasn't a homegrown
Hanover brand, " he recalled. " There's no one size fits all.
A lot of times, the companies that we are acquiring think
The plant sorts and sends larger potatoes to production lines
making family-sized bags while littler ones ultimately end up in
smaller packs.
SUPPORTING THE WORLD'S
LEADING SNACK COMMUNITY
With so many snack producers in the
region, York County in Pennsylvania has
earned the reputation as the " snack capital
of the world. " As the largest employer
in Hanover, Pa., Utz Brands has strengthened
its connection to the community as
it celebrates its 100th anniversary.
During the past year, the Rice and
Lissette families - part of the third and
fourth generation of the Utz family legacy
- significantly increased their contribution
to the Rice Family Foundation, which
was formed in 2017 through a contribution
from the Rice and Lissette families.
Their recent contribution of $20 million in
Utz Brands shares will allow the foundation
to increase its annual giving by
about five times, aiding local organizations
supporting the education, health
and general well-being in Hanover and
the broader central Pennsylvania community.
In 2020, the foundation contributed
to 35 nonprofits in the region.
Dylan Lissette, chief executive officer
of Utz Brands, noted that Hanover will
play an active role in the success of the
company going forward.
" As we look to the future, our family
will continue to keep its focus on
our community and organizations and
initiatives that make it such a wonderful
home, " he said.
Founded by Bill and Salie Utz in 1921,
the company has maintained a legacy
of family leadership over the years. F.X.
Rice, who married Bill and Salie's daughter,
became president in 1968 after Bill
Utz passed away. His son, Mike Rice,
was named president and CEO in 1978
when F.X. Rice retired. Mr. Lissette from
the fourth generation was appointed
CEO in 2012. Now fifth generation family
members also work for the snack manufacturer.
Overall,
more than 1,800 of the company's
3,300 associates work at the
manufacturing facilities and distribution
centers located in Pennsylvania.
32 Baking & Snack October 2021 / www.bakingbusiness.com

Baking & Snack - October 2021

Table of Contents for the Digital Edition of Baking & Snack - October 2021

Baking & Snack - October 2021 - Intro
Baking & Snack - October 2021 - 1
Baking & Snack - October 2021 - 2
Baking & Snack - October 2021 - 3
Baking & Snack - October 2021 - 4
Baking & Snack - October 2021 - 5
Baking & Snack - October 2021 - 6
Baking & Snack - October 2021 - 7
Baking & Snack - October 2021 - 8
Baking & Snack - October 2021 - 9
Baking & Snack - October 2021 - 10
Baking & Snack - October 2021 - 11
Baking & Snack - October 2021 - 12
Baking & Snack - October 2021 - 13
Baking & Snack - October 2021 - 14
Baking & Snack - October 2021 - 15
Baking & Snack - October 2021 - 16
Baking & Snack - October 2021 - 17
Baking & Snack - October 2021 - 18
Baking & Snack - October 2021 - 19
Baking & Snack - October 2021 - 20
Baking & Snack - October 2021 - 21
Baking & Snack - October 2021 - 22
Baking & Snack - October 2021 - 23
Baking & Snack - October 2021 - 24
Baking & Snack - October 2021 - 25
Baking & Snack - October 2021 - 26
Baking & Snack - October 2021 - 27
Baking & Snack - October 2021 - 28
Baking & Snack - October 2021 - 29
Baking & Snack - October 2021 - 30
Baking & Snack - October 2021 - 31
Baking & Snack - October 2021 - 32
Baking & Snack - October 2021 - 33
Baking & Snack - October 2021 - 34
Baking & Snack - October 2021 - 35
Baking & Snack - October 2021 - 36
Baking & Snack - October 2021 - 37
Baking & Snack - October 2021 - 38
Baking & Snack - October 2021 - 39
Baking & Snack - October 2021 - 40
Baking & Snack - October 2021 - 41
Baking & Snack - October 2021 - 42
Baking & Snack - October 2021 - 43
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Baking & Snack - October 2021 - 46
Baking & Snack - October 2021 - 47
Baking & Snack - October 2021 - 48
Baking & Snack - October 2021 - 49
Baking & Snack - October 2021 - 50
Baking & Snack - October 2021 - 51
Baking & Snack - October 2021 - 52
Baking & Snack - October 2021 - 53
Baking & Snack - October 2021 - 54
Baking & Snack - October 2021 - 55
Baking & Snack - October 2021 - 56
Baking & Snack - October 2021 - 57
Baking & Snack - October 2021 - 58
Baking & Snack - October 2021 - 59
Baking & Snack - October 2021 - 60
Baking & Snack - October 2021 - 61
Baking & Snack - October 2021 - 62
Baking & Snack - October 2021 - 63
Baking & Snack - October 2021 - 64
Baking & Snack - October 2021 - 65
Baking & Snack - October 2021 - 66
Baking & Snack - October 2021 - 67
Baking & Snack - October 2021 - 68
Baking & Snack - October 2021 - 69
Baking & Snack - October 2021 - 70
Baking & Snack - October 2021 - 71
Baking & Snack - October 2021 - 72
Baking & Snack - October 2021 - 73
Baking & Snack - October 2021 - 74
Baking & Snack - October 2021 - 75
Baking & Snack - October 2021 - 76
Baking & Snack - October 2021 - 77
Baking & Snack - October 2021 - 78
Baking & Snack - October 2021 - 79
Baking & Snack - October 2021 - 80
Baking & Snack - October 2021 - 81
Baking & Snack - October 2021 - 82
Baking & Snack - October 2021 - 83
Baking & Snack - October 2021 - 84
Baking & Snack - October 2021 - 85
Baking & Snack - October 2021 - 86
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Baking & Snack - October 2021 - 88
Baking & Snack - October 2021 - 89
Baking & Snack - October 2021 - 90
Baking & Snack - October 2021 - 91
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Baking & Snack - October 2021 - 97
Baking & Snack - October 2021 - 98
Baking & Snack - October 2021 - 99
Baking & Snack - October 2021 - 100
Baking & Snack - October 2021 - 101
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