Arcadia Brewing Ceases Operations at Kalamazoo Production Facility
After months of uncertainty, Arcadia Brewing ceased operations Wednesday at its 5-year-old, $7 million production facility in Kalamazoo, Michigan.
After months of uncertainty, Arcadia Brewing ceased operations Wednesday at its 5-year-old, $7 million production facility in Kalamazoo, Michigan.
The private investment group announced as a majority investor in Weyerbacher Brewing Company this past April has backed out of the deal, the brewery’s chief operating officer, Josh Lampe, told Brewbound. Instead, the Easton, Pennsylvania-based craft brewery has turned to a group of seven individuals and two trusts to invest $50,000 in exchange for shares in the business, according to a reorganization plan filed in U.S. Bankruptcy Court in Pennsylvania’s Eastern District.
Eighteen days after Texas’ new beer-to-go law went into effect, manufacturing brewers are reporting high levels of consumer enthusiasm for the opportunity to buy and take home packaged beers from taprooms.