Friday, August 13, 2010

Vermont Loses Its Magic Hat

"Magic Hat to be sold, industry news says

Vermont’s largest brewery, Magic Hat Brewing Co., will be sold within days to North American Breweries Inc. of Rochester, N.Y., a beer industry publication reported. Employees say they have received no word, and Magic Hat cofounder Alan Newman and North American Breweries declined to comment on the report in Beer Business Daily. North American owns the Genesee Brewing Co., Dundee Ales & Lagers, and is the primary US distributor of Labatt beers and Seagrams flavored beverages. Magic Hat has more than 100 workers (AP)."