Boston Beer Eyes Expansion
FREETOWN -- Boston Beer Co., brewer of the Samuel Adams line of beers, is exploring additional company expansion plans outside of its potential bid to build a brewery in the Campanelli Business Park in Assonet, Mass., reported The Herald News.
The cost to build a brewery from scratch is more expensive than the original estimates, according to company spokeswoman Michelle Sullivan. The company originally anticipated costs from $75 million to $90 million, but last summer it reassessed the costs to range from $120 to $160 million.
To skirt high construction costs, Sullivan said that the company is discussing the purchase of an existing brewery or an expansion to current breweries in Cincinnati and Boston. She emphasized that Boston Beer has not eliminated the construction of a brewery here, and noted that the company is still in the evaluation phase.
The brewery in Assonet, Mass., if developed, would be the company's third and largest to date, according to Boston Beer. It would also create 140 new jobs the report stated.
The cost to build a brewery from scratch is more expensive than the original estimates, according to company spokeswoman Michelle Sullivan. The company originally anticipated costs from $75 million to $90 million, but last summer it reassessed the costs to range from $120 to $160 million.
To skirt high construction costs, Sullivan said that the company is discussing the purchase of an existing brewery or an expansion to current breweries in Cincinnati and Boston. She emphasized that Boston Beer has not eliminated the construction of a brewery here, and noted that the company is still in the evaluation phase.
The brewery in Assonet, Mass., if developed, would be the company's third and largest to date, according to Boston Beer. It would also create 140 new jobs the report stated.