Yuengling to Expand Production and Distribution
Usually when you think about Yuengling, you think about beer on the east coast, specifically Pennsylvania. In fact, many of our avid Beer Universe fans love the beer but have no access due to its limited distribution in 13 states. But don’t fret, my friends, Yuengling has plans to increase their distribution.
D.G. Yuengling & Sons, Inc. has been around for 181 years, making it the oldest brewery in the U.S. Earlier this year, we wrote about the brewery’s annual 12% growth and its decision to expand brewing operations in its Mill Creek brewing facility. Despite Yuengling’s limited distribution the brewery ranks above Boston Beer Company on overall volume (Boston Beer Company, maker of Sam Adams, distributes in all 50 states).
Yuengling fans around the country can get a little thirstier—the brewery signed a letter of intent to buy a former Coors brewery in Memphis, Tenn. What are the implications of this purchase? The facility would be Yuengling’s largest facility and nearly double the capacity of the brewery. Moreover, it would increase the overall distribution of Yuengling.
The purchase price of the new facility is approximately ~$20 million. It would require additional investment if the purchase went through as well as hiring additional personnel. As a frame of reference, Boston Beer Company, which is publicly traded, has about 700 employees—Yuengling only has 250.
So to those fans in Ohio or Kentucky, get ready because Yuengling Traditional Lager may be coming to a bar near you. We’re psyched for the expansion of this brewery and hope that the deal happens.
Your Choice. Your Beer. Drink Up.
- Beer Universe