Brick to sell landmark brewery in Waterloo

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NRman
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Brick to sell landmark brewery in Waterloo

Postby NRman » Fri Apr 18, 2014 7:13 am

http://www.therecord.com/news-story/4472985-brick-to-sell-landmark-brewery-in-waterloo/
Good riddance.

Brick Brewing plans to sell its iconic building and property on King Street South in Waterloo and expand its operations in Kitchener.

The beer maker disclosed the plans in a news release on Thursday in which it reported its year-end financial results.

It said it will use the proceeds of the sale, and debt, to invest in its facilities on Bingemans Centre Drive in Kitchener, including the addition of a brew house.

The building at 181 King St. S., is the public face of Brick, which became Ontario's first craft brewery when it opened in 1984.
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Re: Brick to sell landmark brewery in Waterloo

Postby midlife crisis » Fri Apr 18, 2014 4:33 pm

NRman wrote:http://www.therecord.com/news-story/4472985-brick-to-sell-landmark-brewery-in-waterloo/
Good riddance.

Brick Brewing plans to sell its iconic building and property on King Street South in Waterloo and expand its operations in Kitchener.

The beer maker disclosed the plans in a news release on Thursday in which it reported its year-end financial results.

It said it will use the proceeds of the sale, and debt, to invest in its facilities on Bingemans Centre Drive in Kitchener, including the addition of a brew house.

The building at 181 King St. S., is the public face of Brick, which became Ontario's first craft brewery when it opened in 1984.


Can't really disagree with that sentiment as it pertains to Brick in its current iteration, but it is worth pointing out how vitally important Brick was to the initial growth of craft beer in Ontario in the late 80s, from that facility. Old news now though, to be sure.

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