30-year-old beer brand files Chapter 7 bankruptcy to liquidate

The craft beer industry has struggled over the last two years, with overall U.S. beer production and imports down 1% in 2024 and craft brewer volume sales declining 4% in 2024 and about 5% in 2025, according to a Brewers Association report.

Domestic beer shipments also declined 5.9% in 2025, losing about

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