Highlights:
- The Waterloo Brewing Taphouse is Kitchener-Waterloo's newest craft beer destination with seating for ninety-eight, twelve craft beers styles on tap and live music every Friday and Saturday.
- Waterloo Brewing invested $2.8 million on its new Taphouse and expanded retail store.
- In conjunction with the Taphouse grand opening and its legacy of craft brewing leadership, Waterloo Brewing has committed to a 3-year scholarship commitment to the Brewmaster program at Niagara College.
KITCHENER, ON, Sept. 18, 2019 /CNW/ - Waterloo Brewing (or the "Company") (TSX: WBR), today officially opened the doors of its brand-new Waterloo Brewing Taphouse and expanded Beer Store.
"The Taphouse represents the crown jewel of our hometown brewery and the culmination of a 5-year transformation of our facility from a distribution centre to a "must see craft brewing destination," declared George Croft, President and CEO, Waterloo Brewing. "We are Ontario's first craft brewer and our new Taphouse is an outstanding tribute to that legacy of craft brewing leadership."
"The Taphouse includes the installation of a 2-hectoliter small-batch brewhouse which will allow us to venture into unique and interesting flavour profiles and beer styles that weren't possible until now," said Russell Tabata, COO. "The essence of craft brewing is experimentation and creativity. That commitment to the brewing arts is now visible for all to see. Our commitment to local craft brewing community is further evident in our new scholarship program in support of the Brewmaster program at Niagara College."
"We appreciate the generous show of support for our Brewmaster Program and are grateful to Waterloo Brewery for providing the Scholarships to our third-semester students," said Gary Torraville, Associate Dean, Canadian Food and Wine Institute, Niagara College. "The connection between industry and students is critical and this generous gift will provide potential employment opportunities and financial support to the recipients."
The new Waterloo Brewing Taphouse opens to the public on Friday, September 20th and is located at 400 Bingemans Centre Drive, Kitchener, Ontario.
About Waterloo Brewing
Waterloo Brewing is Ontario's largest Canadian-owned brewery. The Company is a regional brewer of award-winning premium quality and value beers and is officially certified under the Global Food Safety Standard, one of the highest and most internationally recognized standards for safe food production. Founded in 1984 as Brick Brewing Co., the company was the first craft brewery to start up in Ontario and is credited with pioneering the present-day craft brewing renaissance in Canada. Waterloo Brewing has complemented its Waterloo premium craft beers with the popular Laker brand. In 2011, Waterloo Brewing purchased the Canadian rights to Seagram Coolers and in 2015, secured the exclusive Canadian rights to both LandShark and Margaritaville. In addition, Waterloo Brewing utilizes its leading-edge brewing, blending and packaging capabilities to provide an extensive array of contract manufacturing services in beer, coolers and ciders. Waterloo Brewing trades on the TSX under the symbol WBR. Visit us at www.waterloobrewing.com.
Forward-Looking Statements
All statements in this press release that do not directly and exclusively relate to historical facts constitute forward-looking statements as of the date of this press release. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "anticipate", "seek", "plan", "believe" or "continue" or the negatives of these terms or variations of them or similar terminology. Although the Corporation believes that the expectations and assumptions reflected in these forward-looking statements are reasonable, undue reliance should not be placed on these forward-looking statements, which are not guarantees and are subject to certain risks, uncertainties, and assumptions, which may cause actual performance and financial results to differ materially from such forward-looking statements. The forward-looking statements included in this press release are made only at the date of this press release and, except as required by applicable securities laws, the Corporation does not undertake to publicly update such forward-looking statements to reflect new information, future events or otherwise.
SOURCE Waterloo Brewing Ltd.
Name: George Croft, Title: President and CEO, 519-742-2732 x147, E-mail: [email protected]
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