Rivertowne Brewing Files For Bankruptcy

Rivertowne Brewing Files For BankruptcyFrom Rivertowne and the Pittsburgh Post-Gazette:

Rivertowne Brewing of Export, PA  and its four restaurants filed for protection from creditors May 4 under Chapter 11 of the U.S. Bankruptcy Code, in part due to intense competition in the craft beer industry,

The company’s Export brewery and restaurants in Verona, North Huntingdon, Monroeville and North Shore will continue to operate and the company’s 140 employees will continue to be paid while the company reorganizes financially, Mr. Fyke said.

A turnaround plan is due to be filed with the court by September.

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