Green Flash Brewing Inc. Foreclosed

General forum for all things beer.

Green Flash Brewing Inc. Foreclosed

Postby EricH » April 3rd, 2018, 6:45 pm

https://thefullpint.com/beer-news/green ... ne-assets/

(San Diego, CA) – As a conclusion to Green Flash Brewing ending their national expansion strategy, closing Virginia Beach and Cellar 3, we have just learned that Green Flash Brewing, Inc.’s largest shareholder, Comerica Bank has foreclosed on it’s loans due to outstanding debt and poor business health and that Green Flash and Alpine assets have been sold to a risk management company in Michigan named WCIPA, LLC.


I know they just left our area, but that's pretty sad.
“Hope for the best. Expect the worst. Life is a play. We're unrehearsed.” ― Mel Brooks
User avatar
EricH
 
Posts: 2405
Joined: February 7th, 2012, 1:58 am
Location: OP, KS

Re: Green Flash Brewing Inc. Foreclosed

Postby Jake1605 » April 4th, 2018, 5:52 am

At about the one year anniversary of the east coast brewery they did an auction for the equipment
Jake1605
 
Posts: 1850
Joined: December 11th, 2013, 5:07 pm

Re: Green Flash Brewing Inc. Foreclosed

Postby theisti » April 4th, 2018, 7:03 am

I work for Comerica!
User avatar
theisti
 
Posts: 1077
Joined: February 9th, 2012, 7:51 am
Location: Leawood, KS

Re: Green Flash Brewing Inc. Foreclosed

Postby Ranger » April 5th, 2018, 10:31 am

I’ll miss the yearly release of Palate Wrecker, probably my favorite by Green Flash. What are the chances they will bring it back under new management?
Ranger
 
Posts: 2
Joined: May 15th, 2017, 4:47 pm

Re: Green Flash Brewing Inc. Foreclosed

Postby JEdmund » April 6th, 2018, 2:36 pm

I remember being so excited when Kansas got Green Flash years ago. Then I just slowly started to forget about them and never buy their beers. Not sure why. Guess they weren't churning out enough new stuff to keep my interest. Sadly, I could say the same for a few other breweries too.
User avatar
JEdmund
 
Posts: 121
Joined: February 9th, 2012, 7:51 pm
Location: Lawrence, KS


Return to General Beer Discussion

Who is online

Users browsing this forum: No registered users and 1 guest

cron

x