Craft brewers try to fight back against big brewer moves
Steve Puterski, THE COAST NEWS GROUP
Thursday, March 31, 2016
The move, according to Vince Vasquez of the National University System Institute for Policy Research (and columnist for The Coast News), is a shot across the bow of craft brewers.
“It’s a changing market place and I think it will continue with more acquisitions,” he said. “There is a lot of anxiety with the local industry.”
Vasquez, though, said the craft brewers largest contribution come from its economic impact to San Diego County. With more than 120 local breweries, thousands of direct and indirect job, while those businesses pumped in more than $600 million in 2014 to the cities and counties.
Vasquez said the money generated by local brewers is more of a benefit since much of the money generated from big corporations filters to somewhere other than the region.
“The more those profits can be re-circulated back into the local economy, the more of meaningful economic difference that these craft brewers are making over that those that aren’t craft,” he added.