Ballast Point to Build in Virginia

Dear Client:Back in April, we reported that Virginia could be the site of an imminent East Coast brewery for Ballast Point, which Constellation management hinted at on the most recent call [see BBD 04-06-2016]. By now, the brewer has confirmed plans to build in Botetourt County, Virginia.They'll invest close to $50 million to build out the facility: Ballast has an agreement to purchase the 259,040 sq. ft. Lawrence Companies building located on International Parkway in Botetourt Center at Greenfield, where