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re: UPDATE:Anchor Brewing. America’s oldest craft brewer has potential buyer to keep it alive!

Posted on 7/12/23 at 9:04 pm to
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
78642 posts
Posted on 7/12/23 at 9:04 pm to
quote:

Stone Variety pack here that has original IPA, Hazy, Delicious IPA and FML Double Hazy IPA. All are very good.


Yes they are all very good but don’t have quite the cache of a Ruination or a palate wrecker from Green Flash or the hops taste of a Racer 5 IPA.

Those west coast IPAs from around 2009 or so were truly amazing.
Posted by Havoc
Member since Nov 2015
39527 posts
Posted on 7/12/23 at 11:01 pm to
Probably insanely expensive operating out of San Franshithole.
Posted by CP3LSU25
Louisiana
Member since Feb 2009
52570 posts
Posted on 7/12/23 at 11:43 pm to
This sucks. Someone told me this earlier today
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
43510 posts
Posted on 7/13/23 at 4:04 am to
Innovate or die
Posted by BugAC
St. George
Member since Oct 2007
58274 posts
Posted on 7/13/23 at 7:49 am to
quote:

I never liked Anchor Steam at Chimes.


Chimes doesn't exactly, do a great job of keeping their lines clean. A few years back, maybe, but with a lot of places since the plandemic, they just don't care.

Burgersmith on Highland has the dirtiest lines in the city, they know it, and they don't care. If i was a brewery, i wouldn't want my beer served there.
This post was edited on 7/13/23 at 7:52 am
Posted by BugAC
St. George
Member since Oct 2007
58274 posts
Posted on 7/13/23 at 7:51 am to
quote:

Yes they are all very good but don’t have quite the cache of a Ruination or a palate wrecker from Green Flash or the hops taste of a Racer 5 IPA.

Those west coast IPAs from around 2009 or so were truly amazing.


I wish we had ballast point back. Ballast point came to Louisiana just around the time the haze train just began and i never truly appreciated how phenomenal sculpin was. By the time i started yearning for west coast IPA's again, they already packed their shite and left Louisiana.
Posted by lsumailman61
Gulf Shores
Member since Oct 2006
7993 posts
Posted on 7/13/23 at 8:01 am to
Was my first beer when I went Around the World at the Chimes in 2004.
Posted by hoopsgalore
Chicago
Member since Nov 2013
9155 posts
Posted on 7/13/23 at 8:26 am to
quote:

Probably insanely expensive operating out of San Franshithole.


Yup - not only expensive to make their beer, but since 2018 (when Sapporo bought them), Anchor has sold an average of 21% its annual packaged beer volume outside of California. Basically, they make a lot of beer and no one outside of California buys it.
Posted by hoopsgalore
Chicago
Member since Nov 2013
9155 posts
Posted on 7/13/23 at 8:29 am to
quote:

I wish we had ballast point back.


Ballast Point opened a taproom in Chicago w/ an awesome rooftop. Ended up shuttering during the pandemic.
Posted by BottomlandBrew
Member since Aug 2010
30175 posts
Posted on 7/13/23 at 8:35 am to
quote:

I wish we had ballast point back


Ballast point barely survived. Constellation Brands is still trying to swim out of a pool of their own blood after losing $800 million on it. It sold for $1 billion in 2015. It was worth $17 million by 2019.

But yes, Sculpin is (was) a modern classic.

I bought my first homebrew kit from Homebrew mart, which would later become Ballast point.
Posted by Y.A. Tittle
Member since Sep 2003
111603 posts
Posted on 7/13/23 at 8:49 am to
quote:

Ballast point came to Louisiana just around the time the haze train just began and i never truly appreciated how phenomenal sculpin was.


I don't think it helped that their beer was glaringly much more expensive than literally everything else on the shelf. They were doing like $14.99 six packs, when literally everybody else was was around $8-9. I think a lot of casual beer drinkers, or curious types who might have been inclined to try it out, would look at that and say, "nah, frick that." Even if you knew about it and thought it was good, you would probably think it's not THAT much better than everything else.
Posted by BugAC
St. George
Member since Oct 2007
58274 posts
Posted on 7/13/23 at 9:17 am to
quote:

Ballast point barely survived. Constellation Brands is still trying to swim out of a pool of their own blood after losing $800 million on it. It sold for $1 billion in 2015. It was worth $17 million by 2019.


I remember when that $1 billion buyout was announced. That began the rush on brewery buyouts. At no point, would i consider a craft brewery to have a billion dollar valuation. I doubt Sierra Nevada, or Boston Beer Company are that big.

The owner, however, made out like bandits. From starting up a homebrew shop to eventually selling it for $1 bill... Props to them.
Posted by theliontamer
Baton Rouge
Member since Nov 2015
2260 posts
Posted on 7/13/23 at 2:25 pm to
Wonder how much money they paid for that awful re design.
Posted by Degas
2187645493 posts
Member since Jul 2010
12081 posts
Posted on 7/23/23 at 12:33 pm to
Potential buyers to keep Anchor alive

quote:

Anchor Union members voted this past Wednesday to make an offer to buy the brewery after its parent company announced plans on July 12 to close the 150-year-old brewery.
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