Historic Anchor Brewing Co. Is Closing After 127 Years
July 12, 2023 4:05PM PDT
FILE – Fritz Maytag uses a long-handled ladle to check the Anchor Steam beer in one of the large copper vats of his brewery in San Francisco, on Feb. 4, 1986. San Francisco’s 127-year-old Anchor Brewing Co. will shut down and liquidate after years of declining sales, citing tough economic conditions. The San Francisco-based brewer said Wednesday, July 12, 2023, that it gave employees 60-day notice and plans to provide transition support and separation packages. (AP Photo/Jeff Reinking, File)
SAN FRANCISCO (AP) — San Francisco’s 127-year-old Anchor Brewing Co. will shut down after years of declining sales, citing tough economic conditions.
The brewer said Wednesday that it gave employees 60-day notice and plans to provide transition support and separation packages.
The company has stopped brewing and will continue packaging and distributing the beer on hand while available or through around the end of the month.
Anchor was founded in San Francisco in 1896 and faced insolvency in the 1960s when a new owner turned it around.
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