Craft brewery followers have encontered a number of disappointments lately, which exacerbated when San Francisco’s Anchor Brewing, which was established in 1869, ceased nationwide gross sales in June 2023, filed for Chapter 11 chapter in July 2023, and shut down operations.
Anchor Brewing was probably the greatest identified and extremely regarded unbiased craft breweries for many years. However issues went south after Japan-based brewer Sapporo Holdings bought the corporate in August 2017 for $85 million.
Anchor Brewing will not reopen in San Francisco
About 10 months after Anchor filed for chapter, Shepherd Futures, the household workplace of Hamdi Ulukaya, the billionaire founder and CEO of Chobani yogurt, on Could 31, 2024, stated in a press release that it was going to buy all of Anchor Brewing’s belongings and would relaunch the model.
A few 12 months later in 2025, Ulukaya’s staff reportedly stated that they haven’t any intention of reopening the unique brewery or reestablishing a bodily taproom in San Francisco. As a substitute, the beer shall be brewed by a contract brewery exterior town.
Different sizable craft brewery operations have shut down this 12 months, together with Exton, Pa.-based Iron Hill Brewery LLC, which shut down all 16 of its brewpub and restaurant places in 5 Jap states in September and filed for Chapter 7 chapter in October to liquidate all of its belongings, the Philadelphia Inquirer reported.
Rogue Ales & Spirits liquidates belongings
Craft brewery and distillery Rogue Ales & Spirits abruptly shut down all operations, together with its six Oregon brewpub places, in November and filed for Chapter 7 liquidation, The Lincoln Chronicle first reported.
Rogue Ales had fallen behind on lease funds, owing $545,000 to the Port of Newport and about $30,000 in taxes to Lincoln County, Ore.
Seattle-based craft brewery Pike Brewing Co. closes its iconic Pike Pub and Pike Fish Bar.
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Pike Brewing Co. closes iconic pub
And now, iconic craft brewery Pike Brewing Firm has revealed that it’s going to shut its legendary Pike Pub and neighboring Pike Fish Bar close to Seattle’s Pike Place Market on Nov. 30.
Each places will provide $4 draft beers by way of the deadline, Pike Pub stated in a press release on its web site.
The brewing firm’s Pike Summit Taproom on the Summit Seattle Conference Middle, nevertheless, will stay open.
“The traditional pub model became increasingly difficult to sustain, and we reached a point where we had to make a tough, but necessary, decision,” Pike Brewing CEO Matt Lincecum stated in a press release, in accordance with Washington Beer Weblog.
“As Pike Brewing looks ahead, we’re focusing on what we do best, brewing exceptional beer and delivering it to friends and fans across the Pacific Northwest,” Lincecum stated.
Pike Brewing stated it’s going to proceed to brew and distribute its flagship beers, together with Kilt Lifter Scotch Ale, Monk’s Uncle Tripel Ale, House Needle West Coast IPA, Submit Alley Pils, Uptown Hazy IPA, and Ol’ Crimson Legendary Lager.
The brewing firm’s beers can be found at grocery shops, bottle retailers, and bars throughout Seattle and the Pacific Northwest, in accordance with Pike Brewing’s web site.
Pike Brewing’s founders Charles and Rose Ann Finkel opened the brewery in 1989 on Western Avenue and later opened the Pike Place Market space location in 1996, Washington Beer Weblog reported. Pike Fish Bar walk-up seafood and beer counter opened in 2022.
Pike Brewing Firm’s beers
- Kilt Lifter Scotch Ale
- Monk’s Uncle Tripel Ale
- House Needle West Coast IPA
- Submit Alley Pils
- Uptown Hazy IPA
- Ol’ Crimson Legendary Lager.
The Finkel’s bought Pike Brewing in 2021 to Seattle Hospitality Group, which additionally owns Fremont Brewing , Ethan Stowall Eating places, Mtrwestern constitution bus service, and Kenmore Air.
Seattle Hospitality can be affiliated with the Seattle House Needle, Sheraton Grand Seattle, and different hospitality entities.
Seattle Hospitality Group corporations:
- Pike Brewing Firm
- Fremont Brewing Firm
- Ethan Stowall Eating places
- Mtrwestern constitution bus service
- Kenmore Air
Pike Brewing had constructed a brand new state-of-the-art brewery in Seattle’s SoDo/Georgetown space in 2023, then Seattle Hospitality in 2024 purchased Fremont Brewing Firm, which had a bigger brewery facility.
Extra closings:
- Main trucking firm closes House Depot distribution facility
- 63-year-old bankrupt retail chain closes all shops completely
- Low cost retail chain closes half its retailer places
The corporate shut down its new Pike Brewing facility and commenced brewing Pike’s beers on the Fremont Brewing Firm facility.
“Pike Pub helped define what a Seattle craft brewery could be,” Lincecum stated. “We’re incredibly proud of the people who’ve contributed to that legacy.”
Associated: Award-winning beer model recordsdata Chapter 7 chapter liquidation
