Craft Distillers See Layoffs As Outbreak Hits Smaller Players HardMarch 24, 2020
A new survey from the American Craft Spirits Association points to a grim future for smaller distillers, with coronavirus-related shutdowns potentially devastating producers across the U.S. The survey, which collected answers from over 150 of the nation’s 2,000 craft distilleries, says that roughly two-thirds will be forced to close within three months without assistance from the government. A little less than one-third of the responding distilleries said that they did not have the ability to stay open for more than a month.
Over half of distilleries surveyed said they’ve already laid off or furloughed staff, with the remainder indicating that staff cuts are imminent. Though the industry is facing massive fallout, craft distilleries across the U.S. have stepped up to aid their communities, with 75% saying that they are producing hand sanitizer and ethyl alcohol for sanitizing solutions.—Shane EnglishSubscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.