Stone Investing $1-Million In Richmond, VA Facility

From Richmond.com:

California-based Stone Brewing Co. is planning to invest $1 million into an expansion of its Fulton facility.

The Richmond Economic Development Authority, which leases the property to Stone, gave conditional approval to the project at its Wednesday meeting, pending a review of the plans. The brewery hopes to break ground on the project in late summer.

“It is an additional investment made by Stone into the production facility, so I view that as a positive,” said Jane Ferrara, of the city’s Department of Economic Development.

The approximately 900-square-foot addition would house decanting equipment to increase the yield from the large batches of beer the company brews. The current facility encompasses about 200,000 square feet.

“It’ll add capacity,” said Juliellen Sarver, a community relations manager for Stone.



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