rss icon

FoodBiz

Saugatuck Brewing Co. thought it was being edgy in 2011 when it coined the name “Hop on a Blonde” for its new blonde ale.

As the craft brewing industry grows in Michigan and beyond, it has been met with a continual skepticism about whether the market can support even more producers. Every industry hiccup stirs talk of a craft beer bubble that’s on the verge of bursting. In separate interviews, MiBiz brought that discussion to three professional advisers to get their take on the state of the industry.

Dynamics within the maturing craft beer industry are creating new growth opportunities for suppliers.

Proposed federal budget cuts have the potential to wipe out key hop and barley research programs that have helped improve the quality of the raw material supply chain for craft brewers.

Michigan craft breweries have only just started to sell their beer in international markets, but many in the industry believe exporting could soon become an important diversification strategy.

ROCKFORD — When Seth Rivard and his partners opened Rockford Brewing Co. in 2012 along the White Pine Trail about 15 miles north of Grand Rapids, they turned to a federal lending program that backs bank loans for small businesses.

With more than 5,300 craft brewers already on the market, and many more scheduled to open in the near future, the craft brewing industry has started to mature.

JACKSON — Indian Brook Trout Farm Inc. plans to leverage $150,000 it received through a state grant to win vital contracts with national grocery retailers.

Changes to the federal tax code implemented at the beginning of the year could alleviate burdensome financial and bureaucratic rules for many craft beverage makers. 

During this year’s ArtPrize, downtown Grand Rapids was filled with the expected sights — oversized artwork, misused crosswalks, the guy riding a fish bicycle. But there was a surprise greeting visitors who flocked to the eighth-annual event: Food trucks. All over the place. With lines in front of them.

HART — After operating for a decade, The Starting Block has helped the West Michigan craft food movement grow from an idea into the fledgling industry it is today.

When urban farming entered the mainstream thinking of community and economic developers, many prospective farmers envisioned a quick payday selling their products to high-end restaurants and other retailers. 

Zeeland Farm Services Inc. plans to invest $130 million into a new soybean processing facility in Ithaca, 45 miles north of Lansing.

major player in Big Agriculture is poised to expand its influence in the industry.

When Bill Welter was searching for a location to start a distillery in 2010, he chose a site in Three Oaks, Mich. over his home state of Indiana.

Page 2 of 11

Breaking News

November 2017
S M T W T F S
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

Follow MiBiz