Golden Flake is a well-known brand in the snack food industry, particularly famous for its potato chips and other snack products. Founded in Birmingham, Alabama, in 1923, the company has built a loyal customer base over the decades. Golden Flake products are widely available in grocery stores, convenience stores, and vending machines, making them a staple snack for many people in the Southern United States.
Is Golden Flake going out of business? The answer to this question is no, Golden Flake is not going out of business. In fact, the company has continued to operate and produce its popular snack products. Golden Flake was acquired by Utz Quality Foods, a leading snack food company, in 2016. This acquisition has allowed Golden Flake to continue its operations and expand its reach under the Utz brand umbrella.
History of Golden Flake
Golden Flake began its journey in 1923 when it was founded by Frank Mosher and Mose Lischkoff. The company started as a small business, producing potato chips and distributing them locally. Over the years, Golden Flake expanded its product line to include a variety of snacks such as cheese puffs, pork skins, and tortilla chips. The company’s commitment to quality and flavor helped it grow and maintain a strong presence in the snack food market.
In 1996, Golden Flake went public, allowing it to raise capital for further expansion. The company continued to innovate and introduce new products, keeping up with changing consumer preferences. Despite facing competition from larger snack food companies, Golden Flake managed to retain its loyal customer base and remain a beloved brand in the Southern United States.
Acquisition by Utz Quality Foods
In 2016, Golden Flake was acquired by Utz Quality Foods, a family-owned snack food company based in Hanover, Pennsylvania. The acquisition was part of Utz’s strategy to expand its presence in the Southern United States and diversify its product portfolio. Under Utz’s ownership, Golden Flake has continued to produce its iconic snacks while benefiting from Utz’s extensive distribution network and resources.
The acquisition has allowed Golden Flake to reach new markets and maintain its position as a leading snack food brand. Utz has also invested in modernizing Golden Flake’s production facilities and expanding its product offerings. This has ensured that Golden Flake remains competitive in the ever-evolving snack food industry.
Golden Flake’s continued success and ability to adapt to changing market conditions demonstrate that the company is not going out of business. Instead, it has found new opportunities for growth and expansion under the ownership of Utz Quality Foods.
Golden Flake remains a beloved brand with a rich history and a bright future. Its acquisition by Utz Quality Foods has provided the company with the resources and support needed to continue producing its popular snacks and delighting customers for years to come.