A BREWERY is closing its flagship location in Delaware after nearly 30 years, as well as two other locations in Pennsylvania and New Jersey.
Iron Hill Brewery announced on Wednesday that it would be closing down the spots.
Iron Hill Brewery is closing down three locations[/caption]
The latest closure announcement came after Iron Hill Brewery shut locations in Ardmore, Oklahoma and Phoenixville, Philadelphia, in 2024.
Mark Kirke, CEO of Iron Hill Brewery, thanked customers in a statement for their continued support.
He said: “We’re proud of the strong relationships we’ve built with our guests over the years and incredibly grateful for their loyalty. None of this would be possible without our dedicated teammates, who have made Iron Hill a place where great beer, great food, and genuine hospitality come together.
“We look forward to welcoming you to enjoy any of our other 16 open
restaurants.”
Kirke took over the role of CEO in January of this year.
In a statement he made when he took the helm, Kirke hinted at the issues that faced the company.
He said: “While we are closing a few locations, this is truly part of a larger growth story: We are evolving, strengthening our brand, and positioning Iron Hill for long-term success.”
Iron Hill Brewery is closing down its flagship location in Newark, which would’ve celebrated its 30th anniversary next year.
The other two breweries that are closing are located in the Chestnut Hill area of Philadelphia and in Vorhees, New Jersey.
The company’s Riverfront Wilmington and Rehoboth locations are not affected by the announcement.
Iron Hill is also keeping locations in Maple Shade, New Jersey, as well as Philadelphia locations like Center City, Exton, Huntingdon Valley, Media, Newtown, North Wales and West Chester.
Company spokesperson Danielle Guzzetta confirmed that Iron Hill Brewery has had conversations with several of the affected employees.
She said that the hope is that “a significant number” of them will apply for jobs at its 16 remaining locations.
BANKRUPT BREWERY
In April, North Carolina-based microbrewery, Brüeprint Brewing Company, filed for bankruptcy.
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It supplied its collection of at least 18 different beers to a variety of major retailers.
These included Whole Foods, Food Lion, Fresh Market, Total Wine & More, Wegmans, Harris Teeter, Lowe’s Food, and Weaver Street Markets.
In its filing, the company listed about $1.78 million in liabilities and between $100,000 and $1 million in assets.
Brüeprint Brewing Company filed for Chapter 7, which is different to Chapter 11.
Chapter 7 bankruptcy means that a business needs to close its doors and have its assets sold to pay creditors.
Chapter 11 often allows a company to continue business as normal throughout the process under supervision from the court.
Iron Hill Brewery is closing down its flagship location in Newark, which would’ve celebrated its 30th anniversary next year[/caption]
