Another beloved brewery closing, no bankruptcy filed

The good beerpocalypse continues to wreak havoc on what outmoded to be a thriving industry.

You may perhaps presumably designate the starting put of the downturn in the local craft-brewed beer market to the Covid pandemic. Many breweries needed to end the general public-facing parts of their operations and lost on birthday party and tournament rentals.

Connected: Current beer trace shuts down brewery, lays off workers

In just a few cases, the brewers lost the most lucrative a part of their trade — selling suddenly to prospects with out a middleman. They saved their decrease-margin wholesale trade, but pubs had been closed for months.

During these darkish days, brewery and brewpub owners did no longer wish to raze paying hire, they generally clean had some employee bills. Debt ranges climbed, growing a field that required companies to return to pre-pandemic ranges to give a preserve end to continued operations.

In just a few cases, that simply did no longer occur. Many craft beers, breweries, and brewpubs bag filed Chapter 11 chapter, with some ending up being liquidated. This so-known as "beerpocalypse" claimed big names, including San Francisco's Anchor Brewing, a titan of the craft beer space.