Full Pint Beer Files for Bankruptcy: Craft Brewery Struggles

Full Pint Beer, a Pittsburgh-area brewery, files for Chapter Eleven bankruptcy for the second time, aiming to reorganize and restructure debts amidst the craft beer industrys challenges. The Brewers Association reported a five percent decline in craft beer volume by mid-year, with mixed predictions for the industrys future. Other breweries like Loaded Barrel, Bosque Brewing, and Memphis Made Brewing have also sought bankruptcy protection. Full Pint Beers parent company, Franklin Lagers and Ales, lists between five hundred thousand and one million dollars in assets and liabilities, operating a brewery, restaurant, and taproom in Pennsylvania. The brewery offers thirteen beers on tap and eight canned varieties, sold at fifty bars and retailers in the Pittsburgh area. This second bankruptcy filing highlights the economic struggles faced by many craft breweries today. DNN | The Daily News Now! The world’s first global local news network. Every city. Every story. AI powered. Hosted on Acast. See acast.com/privacy for more information.