SALEM, Va. – Parkway Brewing announced Thursday that it plans to expand its operations in Salem.
The expansion will create 13 jobs over the next three years, the company said. Parkway Brewing will double it’s production of beer from 7 thousand barrels to 14 thousand when the expansion is complete. The company says that supply is needed to keep up with growing demand.
The brewing company also plans to invest $750,000 in new equipment and to purchase an additional $20,500 of Virginia-grown agricultural products.
The city of Salem will match the Governor’s Agriculture and Forestry Industries Development Fund award amount of $150,000 with a cash grant of $150,000 to be paid to Parkway Brewing. The city’s matching funds will be used for building improvements.
“We’re delighted to be part of the Roanoke region’s growing status as a hub for craft brews of all kinds,” said Mike Pensinger, Parkway’s general manager and brewmaster. “This expansion will help us expand our capacity and reach new customers as the popularity of craft brews continues to rise in our area, in Virginia and across the country.”
Pensinger said they recently expanded to Ohio, and have plans to expand to West Virginia and other states in the next year. Pensinger says he hopes the expansion will allow them to make more of a national name for themselves.
In addition to brand recognition, Mayor Randy Foley of the City of Salem says it also provides an opportunity to expose more visitors to Salem. Through a partnership between the city and the brewing company, Salem will be more prominently featured on future bottling.
Founded in 2012, Parkway Brewing offers several beers exclusively on-site as well as flagship beers sold in bottles and kegs throughout Virginia.
Parkway is located on Kesler Mill Road, off Interstate 81.
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