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Asolica > Blog > Finance > 40-year-old award-winning brewery information Chapter 11 chapter
Finance

40-year-old award-winning brewery information Chapter 11 chapter

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Last updated: April 1, 2026 8:30 pm
Admin
3 hours ago
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40-year-old award-winning brewery information Chapter 11 chapter
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An trade downturn, sometimes called the Craft Beer Apocalypse, continues to affect beer manufacturers, forcing breweries to file for chapter safety and, in some instances, shut their amenities.

Contents
  • Penn Brewery information for chapter
  • Fourth-largest Pittsburgh producer
  • Brewer opened its brewery in 1989
  • Award-winning brewery bankruptcies
  • Excessive-ranked airport bar

The final three years have been tough for the craft beer trade. A downturn started with a traditionally grim yr in 2023, recording 385 brewery closures for the yr, the Brewers Affiliation reported.

The trade droop led to extra brewery closures than openings final yr, with 434 shutting down and 268 opening by mid-December 2025, Brewbound reported on social media.

A difficult craft beer enterprise atmosphere has led one other standard brewery to file for chapter safety.


Pennsylvania Brewing Firm, which operates Penn Brewery, information for Chapter 11 chapter.

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Penn Brewery information for chapter

Award-winning Pennsylvania Brewing Firm Inc., which operates as Penn Brewery, filed for Chapter 11 chapter to reorganize and restructure its money owed, in accordance with PacerMonitor.

The 40-year-old craft brewery, which in accordance with its web site is the oldest in Pittsburgh, filed its petition within the U.S. Chapter Courtroom for the Western District of Pennsylvania on March 31, itemizing as much as $50,000 in property and $1 million to $10 million in liabilities.

The debtor didn’t reveal a motive for submitting for chapter in its petition.

Pennsylvania Brewing Firm was not instantly out there for remark.

The corporate, which was bought in 2022 by Pittsburgh businessman Stefan Nitsch, is the oldest and largest brewery within the metropolis, Pittsburgh Journal reported.

The corporate operates its brewery and restaurant at 800 Venial Avenue in Pittsburgh, and likewise has a location at Pittsburgh Worldwide Airport in Concourse A, Airside Terminal.

Fourth-largest Pittsburgh producer

The beer model was the fourth-largest producer within the Pittsburgh area in 2025, with about 3,500 barrels of beer or 108,500 gallons of brew, Pittsburgh Enterprise Instances reported.

Specializing in high-quality brews, the brewery has received 20 Nice American Beer Pageant and World Beer Cup medals, in accordance with its web site.

The corporate’s year-round beers embody its flagship Penn Pilsner, Penn Darkish, Penn Gold lager, Penn Weizen wheat beer, Penn Kaiser Pils, Penn IPA, and Refreshen’ Session IPA.

Brewer opened its brewery in 1989

Penn Brewery, which started as a contract brewer in 1986, moved into its historic amenities in 1989 after the brewery was restored with the help of the North Facet Civic Improvement Company.

The unique amenities date again to 1848, when the Eberhardt and Ober households operated a brewery on the web site.

Award-winning brewery bankruptcies

Different award-winning breweries have confronted extra extreme penalties, together with Nice American Beer Pageant gold medal winner Olfactory Brewing, which closed its San Francisco brewery in December 2025, Berkeley, Calif., taproom in February 2026, and filed for Chapter 7 chapter liquidation on March 4, dealing with unsustainable prices, in accordance with social media posts.

Additionally, craft brewer Memphis Made Brewing Firm, which filed for Chapter 11 chapter on Aug. 7, 2025, a couple of yr after closing its unique brewery location, closed its second taproom on March 29, 2026.

Extra bankruptcies: 

  • Troubled vehicle maker information Chapter 7 chapter liquidation
  • Main playing vacation spot information for Chapter 11 chapter
  • Main division retailer model liquidates in Chapter 11 chapter

Clients will nonetheless be capable of purchase Memphis Made beer round Shelby County, Tenn., for the foreseeable future, nevertheless, as it’s going to proceed to brew and distribute its beer, in accordance with a Fb put up.

Its restaurant at Memphis Worldwide Airport may also stay open for enterprise, the put up mentioned.

Excessive-ranked airport bar

Memphis Made Brewing is a extremely regarded brewery nationally, because it earned a No. 2 rating among the many nation’s greatest airport bars from USA As we speak in 2023, the Industrial Attraction mentioned.

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