Coronado Announces Multi-Million Dollar Expansion

coronado-brewing

San Diego’s Coronado Brewing has announced plans to increase capacity, install a canning line, and spread its real estate footprint as part of a multi-million dollar expansion effort.

At the end of August, the company installed four 240-barrel fermenters, boosting capacity to 65,000 barrels a year, up from the current ceiling of 45,000 barrels. Additionally, the brewery, which has sold its beer exclusively in glass and on draft to date, said it plans to add a canning line and begin using that kind of packaging by early next year.

“We have been growing at a very high rate the last few years, it was time for us to make some big changes to the brewery to help us maintain the pace” said Brandon Richards, vice president of sales and marketing. “We have been trying to find more space in the brewery to allow us to add a canning line and that was accomplished.”

To give itself more room as it grows, the company also secured a building adjacent to its current production facility to be used for dry storage and office space. The company said the building might also house a new brewhouse in the future.

The company did not disclose the specific investment or how it’s financing the project.

Coronado sold 23,958 barrels in 2014, up 51 percent over the year prior.