1. Associates & Employees

Not Yet Dead: Workers Hope To Save Anchor Brewing

The New York Times reports that Anchor Brewing Company, which owner Sapporo said it would shut down, may get a lifeline.

Unionized employees at San Francisco-based Anchor, the oldest craft beer brand in the US, “want to buy the 127-year-old company and run it as a co-op to save it from shutting down, a union official said.”

According to the story, “employees, who were given 60 days’ notice and promised severance packages, have proposed a way to keep the beer flowing.

“The workers have ‘decided to launch an effort to purchase the brewery and run it as a worker co-op,’ according to a proposal letter from the Anchor employees. Pedro de Sá, the business agent at International Longshore and Warehouse Union Local 6, whose members include workers at Anchor, sent the proposal on Wednesday to Mike Minami, the president of Sapporo USA, which owns the company.

“‘All we want is a fair shot at being able to continue to do our jobs, make the beer we love, and keep this historic institution open,’ the letter said.  ‘We do not want the brewery and brand we love to be sold off before we even had a chance’.”

KC’s View:

I hope the folks at Sapporo, a multi-billion dollar company, can find a way to make this work, maybe by allowing the workers to pay for the brand over time, maybe keeping a small stake in the company.

It’d be good for the brand, good for the workers, and good for San Francisco.  

The post Not Yet Dead: Workers Hope To Save Anchor Brewing appeared first on MNB.

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