In an interview with Fortune on Feb. 25, renowned investor Warren Buffett said he has talked with Utz management about buying the company. “While we are flattered that a savvy investor like Mr. Buffett is interested in purchasing our company, no one has spoken with him or his company,” said George Neiderer, vice president of human resources. “We plan to remain a family-owned business,” Neiderer said. The company has been family owned since 1921, and has four manufacturing facilities that produce more than 1 million pounds of potato chips and about 850,000 pounds of pretzels each week.
Source: www.eveningsun.com
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