Weis Markets budgets $101 million for capital expenditures
Sunbury, Pa. – Weis Markets plans to invest $101 million in its growth program in 2014. That figure encompasses spending on 16 projects during 2014, including expansion of Weis’ 1.1-million-sq.-ft. distribution center in Milton, Pennsylvania.
“Since 2008, we have invested more than $500 million in our growth and improvement programs,” said Weis Markets president and CEO Jonathan Weis. “During this period, we completed more than 100 projects. As a company that self-distributes, our supply chain is a vitally important area for us. During the last year, we have increased our focus on maximizing efficiency by driving millions of dollars of cost out of the system, while maintaining our high standards for store service. This has helped us reduce store level inventories and improve freshness.”