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MiBiz on WOOD-TV8: Recent craft beverage exits redeploying assets locally, globally

BY Monday, August 29, 2022 10:20am

Recent sales of major West Michigan craft breweries has led to new financial assets — as well as institutional knowledge — being redeployed as investments in startup companies and philanthropic programs.

As MiBiz Editor Joe Boomgaard highlighted in a three-part series last week, craft beverage in West Michigan has grown into an economic cluster that’s supporting multiple spin-off businesses, including the recent purchase of an Irish whiskey maker and a new foundation in Kalamazoo.

Managing Editor Andy Balaskovitz appeared on WOOD-TV8’s “Daybreak” program today to discuss the ongoing growth of the region’s craft beverage industry.

Read 881 times Last modified on Monday, 29 August 2022 11:21
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