Anchor Aweigh
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San Francisco's Anchor Brewing Company says it's ceasing operations
In a press release, Anchor Brewing spokesperson Sam Singer said that economic pressures made business "no longer sustainable," and that employees were given their 60-day notice Wednesday. In June, Anchor Brewing limited distribution to California and axed one of its most popular beers.
“The inflationary impact of product costs in San Francisco is one factor,” Singer told SFGATE at the time. “Couple that with a highly competitive craft beer market and a historically costly steam brewing technique. [They’ve] probably been mulling over this decision for a year. It’s not something they take lightly.”
On Wednesday, Singer reiterated the economic conditions at play.
“This was an extremely difficult decision that Anchor reached only after many months of careful evaluation,” he said in a statement. “We recognize the importance and historic significance of Anchor to San Francisco and to the craft brewing industry, but the impacts of the pandemic, inflation, especially in San Francisco, and a highly competitive market left the company with no option but to make this sad decision to cease operations.”
Anchor was founded in 1896 and advertises itself as America's first craft brewery. It was sold to Sapporo in 2017.
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I recognize the brand but never have gone out of my way to select it from the beer cooler at the store. I like lots of styles, but lately I've been returning to my Sierra Nevada "Torpedo IPA" trend. Or Bell's Two-Hearted. I enjoy hops and do not care for New England style hazy beers. Plenty of other brands (local ones too) I'll support. Ugh, I really should start working out at night instead of boozing.
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