Cheers to BrewDog! The UK-based crowdfunded brewery announced on Thursday that its USA location (in Columbus, Ohio) has officially put its first batch of beer into its system. This news comes just a couple weeks after BrewDog announced it received a £100 million investment from San Francisco-based company, TSG Consumer Partners.
“In the few months since we last gave you all an update on how BrewDog USA is progressing, the production team has been hard at work getting tests underway, such as water treatment throughout the brewing system, pushing the grains through the malt handling system, and they also fired up the boilers, which was a big step towards first brew! Electrical testing has been carried out over the last few weeks, to ensure crucial pieces such as temperature probes showed the correct temperatures in the vessels, pumps turned in the right direction, and speed controls were adjusted on the pumps. All of this means that we now have the first batch of beer in tank, and we’re on track to have our Ohio-brewed beers in the market just in time for summer!”
BrewDog also noted that lab equipment deliveries have begun and the physical chem lab has been equipped with its Anton Parr machine, which notably measures the multitude of beer parameters such as ABV, original gravity, and calories. The packaging legging line is now in place and assembled with a machine that can product 31,500 cans of beer per hour. The brewery now has 75 employees. Also speaking about the location’s taproom, BrewDog revealed:
“Our flagship site here in the USA has had a mind-blowing first month, overwhelmed by the response from the community (we had almost 13,000 visitors in the first week alone!) and with their continued excitement, has already led to expansion plans! Watch this space.”
BrewDog is seeking funds on Indiegogo for DogHouse hotel and sour beer facility at the U.S. location. So far, the initiative has raised nearly $300,000. BrewDog has raised more than $30 million through its ongoing crowdfunding offers in the UK, called Equity For Punks.
Meanwhile, BrewDog has seemed to struggle to raise capital via Reg A+ in the U.S. Its equity crowdfunding pitch, Equity For Punks USA, has been live for several months on BankRoll and is seeking a raise of up to $50 million under Reg A+ rules, but has reportedly raised only around $3 million. Crowdfund Insider has reached out to BrewDog and is currently waiting for a campaign update.
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