Tuesday, October 7, 2014
Founders Plans Expansion
Michigan-based Founders Brewing is planning to invest around $35 million in a new expansion project, according to local news reports. The project, which is set to break ground in October, is expected to double the size of the brewer’s current facility, with the addition around 60,000 square feet, and will bring Founders’ total annual capacity to 900,000 barrels. This year, Founders is projecting a total production of roughly 270,000 barrels, led by its core All Day IPA, Centennial IPA, Dirty Bastard, Pale Ale and Porter labels. The upcoming expansion comes on the heels of last year’s $26 million project, which included an expansion of Founders’ brewhouse, cellar and company taproom.