Stone Brewing Company to build a brewery in Virginia

After Berlin, it’s Richmond, Virginia. U.S. media reported on 8 October 2014 that California craft brewer Stone, which ranks 10th on the nation’s list of biggest craft brewers, has finally found an East Coast spot for its next brewery venture in Richmond, a town 150 km south of Washington, DC.

Stone said it expects to invest USD 60 million in the project over five years and employ nearly 375 people when at full production capacity of nearly 600,000 hl annually. The company is slated to receive at least USD 5 million in public funding.

Stone produced 250,000 hl of beer in 2013. The brewery was founded in 1996 and distributes its beer nationally. It exceeded USD 135 million in revenue in 2013. More than 600,000 people visited its main California location in 2012.

Stone will join a growing list of more than 80 craft breweries in Virginia.