Anchor Brewing, a beloved San Francisco company that is considered the oldest craft brewery in the United States, announced on Wednesday that it would close after 127 years of business.
“The beauty of Anchor steam beer is that it tastes like San Francisco,” the San Francisco Chronicle’s Peter Hartlaub, asserting that the brew has never tasted better. “More specifically, it tastes like a cold foggy day, with notes of a sourdough factory, and a hint of the metallic rail of a cable car.”
Anchor has weathered its share of previous crises. Like much of the city, the brewery was destroyed by the deadly 1906 earthquake and fire, but its business rebounded and the company later reinvented itself as a “workingman’s beer,”After a 13-year shutdown during the Prohibition era, brewing resumed in 1933 — but by 1959, mass-produced beers had cut into Anchor’s sales,, though it would reopen under a new owner a year later.
Maytag retired in 2010, after 45 years at the helm, selling Anchor to two Bay Area veterans of the drinks industry. Japanese brewery Sapporo purchased the company in 2017, a still lamented by some Anchor fans. Then came the challenges brought on by the coronavirus, when scores of bars and restaurants closed down. More than 70 percent of Anchor’s products were sold at these venues, according to Singer.The brewer tried to recover by producing bottled and canned beers to be sold at retail and liquor stores. “But it was really too late at that point to compete against others who held large shelf space in those retailers,” Singer said.
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Anchor Brewing Company, country's 1st craft brewery, shutting down after 127 years in San Francisco'We recognize the importance and historic significance of Anchor to San Francisco and to the craft brewing industry, but the impacts of the pandemic, inflation, especially in San Francisco, and a highly competitive market left the company with no option but to make this sad decision to cease operations.'
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Barring a Beer Miracle, San Francisco’s Legendary Anchor Brewing Is Closing After 127 YearsAnchor Brewing, a true San Francisco institution of more than 127 years, is shutting down operations. (via EaterSF)
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SF's Anchor Brewing Company, country's 1st craft brewery, shutting down after 127 years'We recognize the importance and historic significance of Anchor to San Francisco and to the craft brewing industry, but the impacts of the pandemic, inflation, especially in San Francisco, and a highly competitive market left the company with no option but to make this sad decision to cease operations.'
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127-year-old Anchor Brewing Co. to halt operations with tough economy, beer sales in declineThe company has stopped brewing and will continue packaging and distributing the beer on hand while available or through around the end of the month.
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Anchor Brewing halting operations after 127 yearsAnchor has been a trailblazer in the U.S., brewing craft beers when most Americans were loyal to one of the few major breweries.
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Historic Anchor Brewing Company in San Francisco ceasing operations; Will file for bankruptcyA landmark company in San Francisco has turned off its taps.
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