Spirt of Philadelphia First Friday 2017 Leaderboard

BrewDog Brewing to Start Production in Ohio in Early 2017

by Alexander Frane on Nov 15, 2016 in Beer

BrewDog Beer, the largest brewery in the U.K, is preparing to open a branch in the U.S. in early 2017. The brewery is unique in that it’s publicly owned — anyone who wants to can purchase its shares, which are priced at $47.50 and require a minimum of two. For just $95, you can be a member of BrewDog and have a voice in the business. Better yet, it includes a 20% discount on all BrewDog products.
 
The Scottish “Punk Rock” brewery was formed in the midst of financial troubles in 2007, with some “scary loans” from the UK banks. In 2009 the brewery launched a plan, “equity for punks,” that allowed anyone an opportunity to share in the company, and over 1,300 people did so in the first year. The brewery has expanded ever since, and now seeks a foothold in the USA, to spread its “equity.”
 
It’s been difficult. BrewDog intended to open its first American brewery in September, but has yet to do so, with a snag attributed to a delayed transfer of brewing equipment from Germany. Still, since its launch, the “Equity for Punks USA” has managed to secure $2.5 million dollars in investments since it launched in August. The company is looking to start hiring in January, and aims for an ambitious $50 million raised by February. The first site is set to be in Ohio, where 30% of its US investments have come from. It plans to release its first American beers in March of 2017.
 

Photo via BrewDog Official on Facebook

 

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