Owner of Yuengling brewery blackmail’s State: ‘give me a lot of free money or I won’t brew anymore beer here’
Owner of Yuengling brewery blackmail’s State: “give me a lot of free money or I won’t brew anymore beer here”
Also the idea that Pennsylvania’s business taxation is “uncompetitive” would appear to be belied by Yuengling’s success
Hat-tip to https://twitter.com/MarkAdomanis.
You have to love it when he claims the state of Pennsylvania, which is fostering a business climate that helped along his business success is now a hinderance to him.
See Pennsylvania is only good for D.G. Yuengling & Son’s first 2½ million barrels record production. After that where is the love, PA? Cut some teacher’s salaries……
Yuengling, now the largest American-owned brewer, says it likely won’t build its next brewery in Pennsylvania for business reasons
Published: Saturday, October 06, 2012, 3:33 PM Updated: Monday, October 08, 2012, 9:02 AM
Last year, America’s oldest brewery became the nation’s largest American-owned brewer. With a move into Ohio last year, D.G. Yuengling & Son’s sales rose to about 2½ million barrels — enough to eclipse Boston Beer Co.’s Samuel Adams brands.
The once-foundering, family-owned company turned out just 137,000 barrels in the first year following Dick Yuengling’s 1985 purchase of the brewery from his father.
Unfortunately, Yuengling said he doubts he will build the brewery in Pennsylvania, even though a western Pennsylvania location would be perfect for the brand’s continued westward expansion.
The decision comes down to taxes, incentives and the state’s business climate, Yuengling said.
In the interview, Yuengling hinted that there are far more business-friendly states.
And while he didn’t directly criticize any Pennsylvania administration, past or present, he said he can never be certain which way the state is leaning in terms of its tax and business policies.
By contrast, he said enticing incentives offered by other states might be too good to pass up. However, he declined to cite any states he might be considering for the brewery.
‘Some states are very economically friendly,’ Yuengling said. ‘We don’t necessarily base business decisions on incentives like that. But if they are going to give them to somebody, we would stand there and take them.’
As for the Keystone State, which remains home to Yuengling’s original, historic Pottsville brewery as well as a second, much larger facility opened nearby in 2002, he said:
‘Pennsylvania is a great location. But it’s not very business-friendly. You look for fair tax breaks, fair taxation. And the bottom line is more jobs. That’s what it’s all about.’
A new brewery would solve a familiar and recurring problem for the company. Namely, too much demand and too little beer.
Yuengling’s rapid growth created severe beer shortages in the 1990s.
The company remedied the situation, if only temporarily, by building the brewery near Pottsville and purchasing a former Stroh’s brewery in Tampa, Fla., around the same time. ——>Continued
PS: It’s not easy posting form a smartphone (fingers used to Qerty) but I am making it my goal in life to leave the PC behind and go totally smartphone for all my internet needs.