Despite the rapid expansion of Michigan farmland dedicated to growing hops and grains for the state’s craft beverage sector, experts say the industry has more room to grow. A new Michigan State University Product Center study examines the potential economic impact for Michigan craft breweries to produce beer exclusively with in-state ingredients.
Members of the DeVos family are increasing their investment play in the craft beverage industry with the acquisition of a majority interest in a Newaygo County maker of hard ciders, MiBiz has learned.
City Built Brewing Company LLC said today in a statement that it had installed its 10-gallon brewing tanks and plans to be open by early October.
The retail landscape is changing for Michigan’s largest craft beverage producers, which continue to grow at a rapid pace. In this comprehensive special report, MiBiz examines the opportunities, challenges and strategies these companies are deploying in an ever-changing market.
With its 348 barrels of beer produced last year, Newaygo Brewing Co. accounted for less than 1 percent of all craft beer made in Michigan in 2015.
Despite a long career in the beer distribution business, Keith Klopcic lacked expertise in making the beverages he sold to bars and retailers around the state of Michigan. So when the opportunity arose to buy Comstock Park-based Perrin Brewing Co. last year, he tapped a partner with extensive craft brewing resources who had the know-how to help him continue scaling up the business.
Grand Rapids-based Windquest Group Inc., the family office for Amway scion Dick DeVos and his wife, Betsy DeVos, that invests in a portfolio of companies, is getting into the booze-making business, MiBiz has learned.