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Craft Brewing and Distilling News for April 22, 2015

April 22, 2015

•New York’s Bronx Brewery has sold a minority stake to investment group Tenth Avenue Holdings LLC for an undisclosed sum. According to Bronx Brewery, the deal will “provide guidance and funding” to grow operations, and allow for the brewer to add new employees—including two brewers—and grow capacity with new brewing equipment. Concurrently, Bronx Brewery unveiled plans to increase production from 6,000 barrels in 2014 to a projected 10,000 barrels this year, as well as expand distribution beyond its core New York City market. Established in 2011, Bronx Brewery’s portfolio includes its core Pale Ale, Belgian Pale Ale, Rye Pale Ale and Session IPA entries, as well as a variety of seasonals and barrel-aged brews.

•Providence, Rhode Island’s Narragansett Beer is launching Innsmouth Olde Ale as the second installment in its Lovecraft Series of limited edition beers. The English-style Olde Ale was created in collaboration with New England-based Revival Brewing Company and draws inspiration from H.P. Lovecraft’s “The Shadow Over Innsmouth,” with a label design created by Rhode Island artist Jason C. Eckhardt. It’s brewed with Two-Row Pale, Crystal, Cara, Dark Munich and Chocolate malts with Chocolate rye and finished with Summit and East Kent Goldings hops. Innsmouth Olde Ale (7% abv) is available in six-packs of 16-ounce cans for about $11-$12 throughout Rhode Island, Massachusetts, Connecticut, New Hampshire, Vermont, Maine, New York, Philadelphia, Washington D.C., North Carolina and Portland, Oregon.

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