Beer Business Daily – beer industry news and numbers

Pyramid Slashing Costs

Pyramid to Slash Costs Last year we noticed a troubling factoid in big West Coast craft brewer Pyramid Breweries' financial statement: namely, that their current liabilities were higher than their current assets, never a sign that things are going swimmingly. However, Pyramid bought itself some time by selling their popular Thomas Kemper Soda line, generating cash, and contract brewing it. Pyramid then invested in growing its beer business and made plans for Eastern expansion. But then the raw material price

You need a subscription to access this article.Login now or subscribe to get daily industry insights!

Channels