Weis announces $80 million capital investment budget

4/23/2008

SUNBURY, Pa. Weis Markets on Wednesday announced an $80 million capital investment budget, representing a 23 percent increase from last year, for the ensuing year at the company’s annual meeting here.

“We will target three quarters of this budget to our store base,” stated Jonathan Weis, Weis Markets vice chairman. “We currently have 19 major projects in various stages of planning, including three new stores, two replacement units, nine additions and five remodels.”

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