· 01:30
Welcome to today's podcast, where we discuss some concerning news from the local craft beer scene. Brueprint Brewing Company in Cary has filed for Chapter 7 bankruptcy, marking another blow to Triangle breweries facing significant challenges. The brewery's debts have reached a staggering $1.78 million, while its assets are reported at just over $107,000.
Founded by Eric Wagner in 2014, Brueprint was once a key player in the region, brewing a wide range of beers and gaining distribution in local grocery stores. However, the brewery’s revenue has sharply declined, with only $62,612 generated in 2024 before its closure last May.
The financial strain on Brueprint is echoed across the Triangle, where rising costs and shifting customer behaviors have placed immense pressure on craft breweries. Following a similar trend, Cotton House Craft Brewers in Cary recently filed for Chapter 11 bankruptcy, but with intentions to reorganize and keep operating.
Wagner's struggle highlights the impact of escalating costs, including tariffs on materials like aluminum, which have compounded the issues many brewers face today. As the local craft beer landscape continues to evolve, the fate of Brueprint serves as a stark reminder of the challenges ahead.
Stay tuned for more updates on this and other business news in the Triangle.
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