Thursday, April 30, 2015

20 more breweries planned for Charlotte region

Earlier this week, I attended the Charlotte Chamber of of Commerce Economic Development. I realize this isn't my usual Sip + Play adventure, but it was held at Olde Mecklenburg Brewery. The subject was beer.  How could I resist.

The panel included: Center City Partners' Tobe Holmes,  NoDa Brewing Company's Todd Ford and  OMB's John Marrino.

I knew the craft beer industry was growing exponentially here, but there's a lot I didn't know. The industry is doubling in the state and growing four-times as fast in the city. North Carolina has the largest number of breweries in the south.  The industry's impact on Charlotte is undeniable. It's certainly enhanced our entertainment options, but it's also impacting the economy.

Courtesy of Charlotte Chamber of Commerce
The shop local movement is fueling the growth, especially among the millennials. By the way, did you know Sam Adams is the largest American-owned brewery?

Interesting nuggets: Ford of NoDa said when he started six years ago start-up breweries couldn't get a Small Business Administration loan. Today, that's not issue.

The next movement will likely be distilleries and cideries.