Hop Take: Brewery Closings Are Not a Bad Thing. They're a Mark of a Healthy Beer Industry
2 monthes ago - By Vine Pair
Hundreds of craft breweries are expected to close by the end of 2018, according to Brewers Association chief economist Bart Watson. But the presence of “distressed breweries” is not necessarily a sign of hard times; it's a sign of a maturing industry, and one that has become increasingly competitive.
According to Watson, who spoke at the California Craft Brewer Summit earlier this month, breweries in danger of shuttering could reach 300 this year, and 500 “in the next couple of years,” Brewbound reports .
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