The state of Pennsylvania offered a package of grants and loans exceeding $4.5 million that will help City Brewing Company LLC upgrade the former Rolling Rock brewery facility to meet the production needs of its product line, which includes beer, iced teas and energy drinks. The state’s investment will be leveraged to attract a $10.4 million investment from the company.
The Economic Growth Connection of Westmoreland County worked with City Brewing and the Governor’s Action team to obtain a $4,540,250 funding offer from the Department of Community and Economic Development that includes grants of up to $2,890,250 through the Infrastructure and Facilities Improvement Program (IFIP), a $500,000 opportunity grant, a $400,000 loan through the Pennsylvania Industrial Development Authority (PIDA), $250,000 in Customized Job Training (CJT) funds and $500,000 in job creation tax credits (JCTC).
“We value the hard work everyone has put forth in helping City Brewing Company put this historic brewery back in production,” said Kenn Yartz, COO of City Brewing. “It is our belief that we will bring a new era of beer and beverage co-packing production to Latrobe and Western Pennsylvania.”
City Brewing Co. acquired the assets of InBev’s Latrobe brewery in 2006 after Rolling Rock’s production was relocated to New Jersey by Anheuser-Busch, which purchased the rights to the brand for $82 million.
With an annual capacity of 70 million cases, City Brewing Co. operates as the premier contract packager of beer and flavored malt beverages in the U.S. The company also packages non-alcoholic beverages including teas, energy drinks, juices and carbonated soft drinks.
State support for this project was coordinated by the Governor’s Action Team, economic development professionals who serve as a single point-of-contact for businesses considering locating or expanding in Pennsylvania. The team works with domestic and international businesses consultants on projects that offer significant investment and job creation opportunities.
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