Another popular brewery files Chapter 7 bankruptcy to liquidate

The craft beer industry entered 2025 looking for improvement over the previous year, after the overall number of operating craft breweries declined for the first time since 2005 as the number dropped to 9,680 nationwide, down from 9,747 in 2023.

New brewery openings also declined for the fourth consecutive year, with 434 new breweries opening and 501 closing, according to an April 15 report from the Brewers Association.