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Monday, 03/15/2010 12:08:33 PM

Monday, March 15, 2010 12:08:33 PM

Post# of 2346379
HBWO :

President and CEO, Thomas Scozzafava, stated, "Over the past months we have met several times with Bread Loaf team members, and after internal discussion we feel that they best understand our culture, our intended aesthetics, and importantly, our business goals as they relate to both the potential new brewery and the expansion of the restaurant." Mr. Scozzafava continued, "As stated earlier, another positive attribute of Bread Loaf was its recent design and construction of two other similar-sized breweries." Bread Loaf designed and built 25,000 barrel per year breweries for Otter Creek Brewery and Catamount Brewery, and these approximate what Harbor Brewing Company would look to build for the production and bottling of a number of labels in its portfolio including Railroad Red, Harbor Wheat and Saint Stephen's Stout, along with seasonal beers such as Ontario Oktober Fest and Pumpkin Spice. Harbor would continue to outsource the brewing of its top selling brands with High Falls Brewing Company, but would also explore itself contract brewing for other, smaller breweries.

Stephen Flynn of Sackets Harbor Brewing Company stated, "Our goal would be to eventually brew about 25,000 barrels per year at our own facility and simultaneously have at least another 25,000 barrels of our most popular selling brands contract brewed. We feel this 'inside-outside' approach gives us both the economic advantages of scale as well as the ability to produce smaller-scale specialty beers and react more quickly to evolving tastes in the marketplace." Mr. Flynn also added, "Bread Loaf also shall oversee the expansion of the Brew Pub restaurant, which we think could increase restaurant revenues by over 30%."
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