When a brewery the stature of Founders Brewing closers a high profile expansion like its venue in Detroit you know that craft beer biz is entering truly turbulent waters.
This from the company’s end-of-day May 1st announcement…
FOUNDERS BREWING CO. ANNOUNCES CLOSURE OF DETROIT TAPROOM
DETROIT, Mich., May 1, 2023 — Founders Brewing Company today announced its plans to officially close their Detroit Taproom location. This decision marks the end of this taproom extension, which began in 2017.
Facing an ever changing craft beer market, coupled with the struggle to regain foot traffic after temporary Covid closures, it became clear that maintaining this operation was no longer a viable option, or the best choice for the business.
“This decision involved a lot of careful consideration of each aspect of our business, and ultimately, what we felt was best for the company and our employees overall,” said Founders CEO, Elton Andres Knight. “We explored every possible avenue to course correct the business and gave it as much time as we could. We are now working diligently to find new positions within the company for the employees who are displaced upon this closure.”
The Detroit Taproom proudly hosted thousands of guests during its tenure. The Founders Grand Rapids Taproom will remain open.
Welcome to the beer biz in 2023…Better fasten your seat belts.
More Founders history..
(All image credits: Founders Brewing)