|Oregon craft beer business keeps growing||| Print ||
|Articles - June 2011|
Craft beer is about 5% of the national beer market. And while consumption of beer overall fell by about 1% last year, craft beer consumption was up 11%. Oregon beer production has increased 15.2% since 2008.
Eugene-based Ninkasi Brewing wrapped up a $4 million expansion last year, and is on track to sell 50,000 barrels this year, up from 30,000 last year. Ashland-based Caldera Brewing grew by 38% in 2010 and has tentative plans to build a new brewery this summer. Standing Stone Brewing, also in Ashland, reports steady growth over the last four years, with projections of 15% growth this year. Portland-based Lompoc Brewing installed a new silo in January of this year that will double its capacity.
Deschutes is currently constructing an $8 million expansion that will add 6,750 square feet to its production facility and will include five new fermentation tanks, a new two-story building to house future processing equipment, an electrical control room, and new restrooms and showers for the staff. The expansion will increase Deschutes’ brewing capacity by about 100,000 barrels per year. The company sold 205,000 barrels in 2010 and is expecting to sell 225,000 this year. Construction is expected to be finished by mid-2012.
The plan has been in the pipeline for years, says Fish, but he waited to see how the recovery would pan out. “Now we can no longer wait, we need the production,” he says.
Kurt Widmer of Widmer Brothers Brewers, which merged with Red Hook in 2008 to create the Craft Brewers Alliance and has since purchased two breweries, points to the relatively small market share that craft beer commands over non-craft competitors. There’s room to grow, he says, and thinks the explosion of craft breweries across the state is a good sign.
“It’s made more and more people interested in beer,” he says. “Clearly, we’ve all benefited from that.”
|Powerball jackpot hits new record|
|5.1-magnitude quake hits eastern Canada|
|How a Seattle school launched Bill Gates career|
|Windows Phone surpasses Blackberry|
|Kim Dotcom doesn't want 3D gun plans on Mega's servers|
|David Beckham retires from soccer|
|ODB, Eazy-E holograms to perform|
|Will this startup succeed?|
|The STEM shortage|
|Combined Transport keeps on trucking|
|Farm futures: private equity goes organic|
|Food cart owner Nong balances life, work and play|
|Celly launches its DIY network|
|What is driving the cost of health care? |
Oregon Business magazine's 5th annual
100 Best Green Companies to Work For in Oregon
Wednesday, May 29, 2013
From Oregon Translational Research and Development Institute: OTRADI today announced its plans to open and operate a 13,000 square-foot multi-tenant bioscience complex in the Willamette Wharf building at 4640 SW Macadam Avenue. Slated to be complete in spring 2013, the OTRADI Bioscience Incubator (OBI) will house up to six companies.
MEDIAmerica, publisher of Oregon Business and Oregon Home magazines, announces a new retail website: HalfOffOregon.com. The website offers lodging, dining, recreation and many other items at half off their regular cost.
As you probably know by now, The Vernon Company is a national leader in the promotional products industry with annual sales of over $60 million. We are a family owned business, led by the fourth generation of the Vernon family.