beer is awesome
Subscribe Twitter

New suitor may be in line for Memphis brewery eyed by Yuengling

March 29, 2011 By: mike Category: Beer in the news, Breweries, Memphis

There may be a new deal in the works for Hardy Bottling Co., the former Coors brewery in southeast Memphis.

YuenglingAccording to The Commercial Appeal, a “mystery economic development project” tied to Hardy Bottling is expected to go for a tax break Wednesday. Part-owner Carolyn Hardy told the newspaper a deal was in the works but declined to provide details.

Yuengling, the oldest American-owned brewery, signed a letter of intent in October to buy the former brewery for about $20 million. It would have become Yuengling’s fourth brewery and its largest.

But the deal stalled soon thereafter, with Yuengling officials saying,  “We’re a willing buyer. Right now, I guess there’s not a 100 percent certainty there’s a willing seller.”

Now it appears the Yuengling deal is kaput, and a new suitor may have emerged for Hardy bottling.

Stay tuned.

Be Sociable, Share!

2 Comments to “New suitor may be in line for Memphis brewery eyed by Yuengling”

  1. Hoping it’s Russian River!!

  2. At first glance, I thought maybe Grant was expanding his brewing operations


Leave a Reply