In February of 2007 Labatt Brewery, owned by AB InBev, purchased Hamilton’s Lakeport Brewery for $201 million. In March of 2010 they announced that they would be closing the Hamilton facility and shifting production of all Lakeport brands to the London, Ontario Labatt’s facility.
This is, obviously, pretty old news but I had occasion to revisit it recently for a forthcoming article and thought it was worth sharing again for a couple reasons. First, there is probably many a craft beer fan who hasn’t actually been following beer news since 2010 and might not know the tale and second, it’s pretty remarkable to consider that 2010 moment in Hamilton’s beer scene given how far it has come since.
As Hamiltonians will remember, there was some uncertainty about what might happen at the Lakeport facility when its closure was announced, and Labatt did offer some incentives to future lessees of the brewery with one important caveat: Whoever took over the building next could not be a brewer. And so, when companies like Calgary-based Minhas Creek Brewing Company announced interest in the space, Labatt declined, allegedly shooting down a total of three beer company offers, including one from Rochester-based North American Breweries that would have saved all the jobs at the facility and likely even created more. Instead, Labatt opted to shutter the doors on the facility until the lease expired and they fired 143 people. Continue reading