New Glarus Investing $7 Million In Expansion

imageExciting news from New Glarus…and this can mean only one thing….more Spotted Cow!  This from JSOnline:

But New Glarus Brewing in August completed a new warehouse while installing more brewing and packaging equipment, and has now started two other projects that will add more office and lab space, and a larger gift shop. All three additions together amount to around a $7 million capital investment, funded by excess cash from the brewery's ever-growing beer sales.

Not bad for a craft brewer that continues to stick with its strategy of selling only within Wisconsin, despite the nearby lure of the Chicago area. New Glarus sold the equivalent of more than 100,000 barrels last year, and expects to sell more than 120,000 barrels in 2012, said Carey, president and co-owner. It is the nation's 19th-largest craft brewer and the largest in Wisconsin, according to data compiled by the Boulder, Colo.-based Brewers Association.
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