US: Brewers Association buys new US$4m offices to cope with expansion
Craft beer continues to perform strongly in the US
The Brewers Association (BA) is moving to new US$4m headquarters, around double the size of its current offices, as the US craft industry continues to boom.
The trade body, which represents small and independent US brewers, said it will switch from its current location in Boulder, Colorado to the newly-bought premises - 1327 Spruce Street, in downtown Boulder - next year. The purchase of the new office, which covers 11,600 square feet, is expected to complete by 1 April, the group said on Friday (15 November).
“The BA is proud to be part of the growing community that is craft brewing,” said Bob Pease, the BA's chief operating officer. “This move will allow our staff to better serve our members in the months and years ahead.”
US craft beer recorded its biggest volume rise in a decade in 2012, jumping by 13.7% to 185.2m 2.25-gallon cases, according to Beverage Information Group figures last month.
The BA, which represents around 70% of the US brewing industry, spoke out last month after the US Government shutdown sparked anger among brewers that it would bring delays in releasing seasonal beers and packaging issues.
Craft Beer Market in the US 2012-2016
The analysts in this report forecast the Craft Beer market in the US to grow at a CAGR of 17.46 percent over the period 2012-2016. One of the key factors contributing to this market growth is the chan...read more
Sectors: Beer & cider
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