{"id":52177,"date":"2025-01-28T01:42:26","date_gmt":"2025-01-28T01:42:26","guid":{"rendered":"https:\/\/peraltafinancing.com\/recipes\/category-a-b\/beer\/banded-peak-brewing-and-labatt-breweries-announce-9-6-million-capital-investment-canadian-beer-news\/"},"modified":"2025-01-28T01:42:26","modified_gmt":"2025-01-28T01:42:26","slug":"banded-peak-brewing-and-labatt-breweries-announce-9-6-million-capital-investment-canadian-beer-news","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=52177","title":{"rendered":"Banded Peak Brewing and Labatt Breweries Announce $9.6 Million Capital Investment \u2013 Canadian Beer News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-40847\" src=\"https:\/\/www.canadianbeernews.com\/wp-content\/uploads\/2023\/12\/bandedpeak_exterior.jpg\" alt=\"\" width=\"600\" height=\"601\" srcset=\"https:\/\/www.canadianbeernews.com\/wp-content\/uploads\/2023\/12\/bandedpeak_exterior.jpg 600w, https:\/\/www.canadianbeernews.com\/wp-content\/uploads\/2023\/12\/bandedpeak_exterior-300x300.jpg 300w, https:\/\/www.canadianbeernews.com\/wp-content\/uploads\/2023\/12\/bandedpeak_exterior-150x150.jpg 150w\" sizes=\"(max-width: 600px) 100vw, 600px\"\/><\/p>\n<p><em>CALGARY, AB<\/em> \u2013 <a href=\"https:\/\/www.labatt.com\/ca_en\" target=\"_blank\" rel=\"noopener\"><strong>Labatt Breweries<\/strong><\/a> has announced a capital investment of $9.6 million to fund the expansion of <a href=\"https:\/\/www.bandedpeakbrewing.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Banded Peak Brewing<\/strong><\/a>, a Calgary craft brewery that it <a href=\"https:\/\/www.canadianbeernews.com\/2020\/01\/30\/labatt-breweries-acquires-banded-peak-brewing\/\">purchased in 2020<\/a>.<\/p>\n<p>Details were described in a press release as follows:<\/p>\n<blockquote>\n<p>The $9.6 million investment supported a more than 7,000 square foot addition to the 4,800 square foot brewery, including a state-of-the-art lab. The expenditure also funded a bulk grain silo to reduce plastic use in malt shipping, and improved brewing equipment throughout the facility.<\/p>\n<p>The brewery\u2019s current team has grown by 68%, creating new jobs for front of house, logistics and brewery operations.<\/p>\n<\/blockquote>\n<p>\u201cWe\u2019re thrilled that this investment will allow us to continue bringing Calgarians more selections from Banded Peak,\u201d said Colin McLean, co-founder at Banded Peak Brewing, in a statement. \u201cThis investment cements the fact that we are steadfast in our commitment to producing our beer locally, with new jobs, local ingredients and the type of innovation that continues to make Calgary a great place to live \u2013 and work.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-40848\" src=\"https:\/\/www.canadianbeernews.com\/wp-content\/uploads\/2023\/12\/bandedpeak_ribboncutting.jpg\" alt=\"\" width=\"600\" height=\"600\" srcset=\"https:\/\/www.canadianbeernews.com\/wp-content\/uploads\/2023\/12\/bandedpeak_ribboncutting.jpg 600w, https:\/\/www.canadianbeernews.com\/wp-content\/uploads\/2023\/12\/bandedpeak_ribboncutting-300x300.jpg 300w, https:\/\/www.canadianbeernews.com\/wp-content\/uploads\/2023\/12\/bandedpeak_ribboncutting-150x150.jpg 150w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\"\/><\/p>\n<p>\u201cWe\u2019re proud to be able to contribute to our community through this investment,\u201d addedChad Patterson, Vice President, Craft &amp; High End, Labatt Breweries of Canada. \u201cFrom day one, Banded Peak has brewed local craft beer for Albertans and beyond, and this investment from Labatt will enable the necessary next steps to ensure that Albertans can continue to enjoy locally brewed Banded Peak beer for years to come.\u201d<\/p>\n<p><em>Source &amp; Photos: Banded Peak Brewing<\/em><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>CALGARY, AB \u2013 Labatt Breweries has announced a capital investment of $9.6 million to fund the expansion of Banded Peak Brewing, a Calgary craft brewery that it purchased in 2020. Details were described in a press release as follows: The $9.6 million investment supported a more than 7,000 square foot addition to the 4,800 square [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":52178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[137],"tags":[14046,30565,3171,17383,13220,14072,6810,10910,30566,1648,1820,9996],"dealstore":[],"offerexpiration":[],"class_list":["post-52177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-beer","tag-announce","tag-banded","tag-beer","tag-breweries","tag-brewing","tag-canadian","tag-capital","tag-investment","tag-labatt","tag-million","tag-news","tag-peak"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Banded Peak Brewing and Labatt Breweries Announce $9.6 Million Capital Investment \u2013 Canadian Beer News - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=52177\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banded Peak Brewing and Labatt Breweries Announce $9.6 Million Capital Investment \u2013 Canadian Beer News - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"CALGARY, AB \u2013 Labatt Breweries has announced a capital investment of $9.6 million to fund the expansion of Banded Peak Brewing, a Calgary craft brewery that it purchased in 2020. 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