Pacific Northwest-based hospitality and brewpub chain McMenamins has launched the second phase of its investment drive as it seeks to raise as much as $15 million from accredited investors. Green Bay, Wisconsin-based Titletown Brewing is seeking a new owner or investors due to the COVID-19 pandemic hampering sales.
As the craft category continues to grow at a double-digit clip, brewers across the country, in an effort to keep up with growing demand, are investing heavily in facility expansions. A crop of mid-size and regional craft breweries located in the eastern half of the U.S. recently announced multi-million dollar expansion efforts which will enable those companies to not only expand production capabilities, but in some cases distribution footprints as well.
There are only so many words in the English language. As anyone who pays close attention to the beer industry is acutely aware, this fact seems to rear its head constantly in the form of trademark disputes, when one company alleges that another’s brand or product inspires market confusion between the two.