(Kalamazoo, MI) – Huge news out of Michigan . . .
So much for that old $12-14 million figure. Mlive.com reports that Bell’s Brewery‘s upcoming expansion is much larger than what was thought earlier in the year:
An initial $17 million will be invested largely in 2011 to expand the Comstock Township brewhouse, add fermenting capacity, enhance employee care areas and provide space and equipment for some new specialty fermentations, Bell said Friday.
That work is expected to be completed by early 2012.
Bell said another $35 million will be spent through 2016 to build out and equip the additional 60,000 square feet of floor space at Bell’s Brewery Inc., 8938 Krum Ave., Comstock.
The projects are aimed at accommodating the company’s goal of 20 percent annual growth, Bell said.
Bell’s is quickly approaching the 150k barrel/year mark and will likely make its way into the top 10 selling craft breweries in the country for 2010.
And for what it’s worth, I’ll be the first to admit that this pretty much blows all tipping point theories right to hell (unless we’re saying that the “tipping point” means we’re about to see exponential growth).
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