America's Oldest Craft Brewery Is Closing

Celebrate America's oldest craft brewery. Beer enthusiasts nationwide are grieving the closure of Anchor Brewing Company after 127 years.

The iconic San Francisco firm announced its closure this week "following a combination of challenging economic factors and declining sales since 2016."

"This was an extremely difficult decision that Anchor reached only after many months of careful evaluation," spokeswoman Sam Singer stated. 

He stated that COVID-19, excessive inflation, and craft beer market competitiveness hurt the company.

Anchor brewed lagers, pilsners, IPAs, and pale ales since 1896. Sapporo bought Anchor in 2017 for roughly $85 million.

The company's death was announced this week, although financial problems were apparent before. Anchor stopped selling its beers 

outside of California last month due to a "combination of economic factors," according to KRON4. Last month, the brewery stated it wouldn't 

Anchor's shutdown news announcement says staff received 60-day notice and parting packages.

The New York Times claimed that the firm has stopped making beer but will sell what it has.

Sad to see such an old company die. "Too many people only see the big mega-corporation beers and don't even look for anything else