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Brewery Closure

All articles tagged with #brewery closure

business1 year ago

Lagunitas Shuts Chicago Brewery and Taproom, Moves Operations to California

Lagunitas Brewing Co. is closing its Chicago brewing operations and taproom due to declining sales and industry changes, relocating production to its original Petaluma, California site by early August. The closure affects 86 employees, some of whom will receive support services and job-placement assistance. Despite the move, Lagunitas will maintain its Chicago warehouse and continue servicing local bars, restaurants, and stores. The decision aims to create a more efficient supply chain and focus on sustainable brewing.

business1 year ago

R. Shea Brewing Faces Financial Crisis, Announces Closure of Akron Locations

R. Shea Brewing in Akron, Ohio, is closing both of its locations due to a confluence of financial challenges, shifting market conditions, and the post-Covid economic climate. Despite efforts to raise funds through a crowd-funding venture, the brewery's owner, Ron Shea, found the decision to be inevitable after facing mounting financial concerns and a decline in craft beer consumption. The closure reflects broader challenges in the craft beer industry, with other breweries also experiencing financial difficulties amidst changing consumer habits and market dynamics.