The Coming Craft Price War?

Dear Client:There's an old adage in the beer industry that goes something like: Idle fermenters create dementors. Or maybe it's idle tanks make for angst. CAPACITY GLUT. The beer industry has been on a brewing capacity building spree over the past five years the likes of which we've never seen since the repeal of Prohibition, and it's starting to catch up with us as demand for beer is flat, and the once-booming craft segment's volume growth has been cut in