The historic San Francisco brewery made the startling announcement early on Wednesday that production is shutting down, employees have been given notice and just one division will remain open ̵…
Rumors have been swirling through the beer community for weeks that Sapporo, the Japanese conglomerate that bought San Francisco’s venerable Anchor Brewing Co. in 2017, was looking for a buyer. The company had not been doing well. It was especially hard hit by the pandemic, and sales were continuing to fall.
But the news this morning was even grimmer. Anchor Brewing announced early this morning that the brewery is ceasing operations and will liquidate its assets through a process known as a California assignment for the benefit of creditors that avoids bankruptcy.taproom will remain open at least until Aug. 1 to sell off remaining inventory.
Anchor had recently announced it was pulling back distribution to only California, and the company would no longer brew its popular holiday seasonal, Our Special Ale, a Christmas beer. Last year, it revamped its labels and packaging, a rebranding for which it faced heavy criticism.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Historic Anchor Brewing Company in San Francisco ceasing operations; Will file for bankruptcyA landmark company in San Francisco has turned off its taps.
Leer más »
Century-old San Francisco Anchor Brewing company closingAnchor Brewing Company officials announced early Wednesday that it will cease operations and liquidate the business -- established in 1896 -- citing economic factors including declining sales since 2016.
Leer más »
San Francisco’s Anchor Brewing Shuts Its Doors After Nearly 130 YearsAnchor Brewing’s production had taken a hit since it was purchased by Sapporo in 2017.
Leer más »
SF's Anchor Brewing Company, country's 1st craft brewery, shutting down after 127 years'We recognize the importance and historic significance of Anchor to San Francisco and to the craft brewing industry, but the impacts of the pandemic, inflation, especially in San Francisco, and a highly competitive market left the company with no option but to make this sad decision to cease operations.'
Leer más »
Anchor Brewing, the OG of craft beer, is shutting down after years of lossesAnchor Brewing Co., the maker of Anchor Steam and the self-proclaimed first craft brewery in the U.S., said it will close its doors after 127 years in business.
Leer más »
RIP Anchor Brewing: Sapporo Is Shutting Down the Original American Craft BreweryFritz Maytag's Anchor Brewing was the spiritual progenitor of every modern American craft brewery. Seeing it go is brutal.
Leer más »