Craft Beer Apocalypse: Penn Brewery Files for Bankruptcy
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Craft Beer Apocalypse hits hard, with Penn Brewery, Pittsburghs oldest spot, filing for bankruptcy. The industry sees a surge in closures, with four hundred thirty-four breweries shutting down last year alone. Despite awards and historic facilities, Penn Brewery faces uncertainty. Other award-winners like Olfactory Brewing also struggle, closing spots and filing for liquidation. However, some breweries like Memphis Made persist. Restructurings like Penns may offer a glimmer of hope for a stronger comeback in the brewing industry.
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