Weis Markets Capital Expenditure Budget Increases 7% to $110 Million

Weis Markets WMK Vice Chairman Jonathan H. Weis today said his company would increase its 2011 Capital Expenditure budget by 7 percent to $110 million. At the Company's annual shareholder meeting held in Sunbury, Mr. Weis briefed shareholders on the Company's current plans and its 2010 results. The current budget includes 14 major remodels, two additions and three new/replacement stores. The Company is currently building a replacement unit near Reading, a new unit near Easton and a replacement unit near State College.