Deschutes Will NOT Break Ground IN Roanoke, VA in 2019

Deschutes Will NOT Break Ground IN Roanoke, VA in 2019This update from Roanoke.com:

But earlier this year President Michael Lalonde said a slowing of growth in the craft beer market had caused the company to re-evaluate the scale and timing of its expansion.

This week, in response to an inquiry from The Roanoke Times, Lalonde said work will not begin next year.

“We continue to watch trends in the craft beer market for the right time to build a facility that is high quality and economically sustainable,” he said in a written statement. “We don’t foresee breaking ground in 2019 as originally planned, but we will meet a commitment next spring to let the city of Roanoke know our updated plans.”

Earlier this year, Deschutes and the city rescinded an agreement that would have given the privately held brewer land for its expansion for free and provided $4.7 million in other state and local incentives.

Deschutes opted to forego the incentives tied to a performance agreement that included starting construction and production on a certain timeline.

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