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|Wednesday, February 10, 2010|
This just in from Oregon’s ever-growing beer biz: Portland-based startup Indie Hops will donate $1 million to Oregon State University to launch a new breeding program for aroma hops grown in the Willamette Valley. Add that donation to a second million-dollar Indie Hops investment to develop the first hop pellet mill in the Valley along with cold storage and distribution facilities, and you’ve got a new company that could give craft brewers the stability — and respect — that they deserve.
It is fitting that the only U.S. hop merchant dedicated entirely to aroma hops for craft breweries is based in Oregon. Oregonians have been growing first-rate hops and brewing excellent beer since statehood, but for reasons involving the corporate dominance of the Anheuser-Busch InBevs of the world, hops and beer have remained surprisingly disconnected here. Hops are grown in the Valley but processed in Yakima, Wash., where they are sold as commodities, with unpredictable and occasionally maddening price swings. The 18-month-old Indie Hops aims to improve on that inefficient system by purchasing quality hops from Valley farmers, processing them into pellets at a newly completed mill between Hubbard and Mount Angel, and selling them to brewers all over the West Coast. The mill will employ just a few people to start, but if the new local supply catches on there is huge potential for growth.
Ben Jacklet is managing editor of Oregon Business.
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