1812 Brewing Company Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- CEO
- Thomas W. Scozzafava
- Full Time Employees
- 16
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 10-18 Park Street Gouverneur NY United States of America 13642
- IPO Date
- May 12, 2009
- CIK
- 0000884380
- Website
- 1812ale.com
- Similar Companies
- Business
- 1812 Brewing Company Inc. (OTC Pink: KEGS) operates as an investment and operating company focused on the craft beer industry, encompassing brewery operations, restaurant management, and beverage production including beer and non-alcoholic beverages; it produces award-winning beers such as War of 1812 Amber Ale, 1812 Light, Hazy Oasis Pale Ale, Thousand Islands IPA, Malicious Intent XX IPA, Route 11 Lager, Railroad Red Ale, Helles Bells Pilsner, St. Stephens Stout, Third Rail Porter, and Featherhammer Maibock, alongside direct-to-consumer e-commerce sales through platforms like Liquid Rails covering 45 states plus Washington DC, distribution agreements with retailers including Price Chopper Supermarkets, The Beer Store in Ontario Canada, and greater New York City outlets, and restaurant services at locations like its Sackets Harbor Brew Pub. Founded in 1989 as Seaway Valley Capital Corporation and headquartered in Watertown, New York, the company--formerly known as Sackets Harbor Brewing Company until its 2016 rebranding--targets consumers in the retail, hospitality, and beverage sectors primarily across the United States and Canada with expansion into provinces like Ontario, Alberta, and British Columbia; it functions as a venture capital entity pursuing early to late-stage investments, management buyouts, and growth capital in beverages, restaurants, consumer products, and related fields, including through its wholly-owned subsidiary 1812 Acquisition Company Inc. for financing material acquisitions. Recent developments include receiving final funding approval and executing a definitive agreement to acquire the business and assets of Maggie's on The River restaurant in Watertown, New York, in 2023, which adds approximately $2 million in annual revenue and access to the Fort Drum market; launching e-commerce pre-orders for multiple medal-winning beers in late 2023; achieving multiple awards such as gold medals at the 2023 World Beer Awards, Brewski Awards, and New York International Beer Competition, including "New York Amber Ale Brewery of the Year"; initiating a 49-store rollout with The Beer Store in Ontario after LCBO quality approval and shipping 450 cases of War of 1812 Amber Ale; signing an MOU with ERApeutics LLC d.b.a. EVERMIND for potential investment and low/no-alcohol product commercialization; and announcing plans in May 2025 to potentially reduce authorized shares by 99.5% while advancing acquisition strategies and operational growth.
1812 Brewing Company Receives Final Funding Approval for the Purchase of the Business and Assets of Maggie's on The River
1812 Brewing Company Executes Definitive Agreement to Purchase Business and Assets of Maggie's on The River
All of 1812 Brewing Company's Medal Winning Beers Made Available Direct-To-Consumers in 45 States Plus Washington DC with Liquid Rails E-Commerce Platform
1812 Brewing Company and The Beer Store Initiate 49-Store Rollout of Gold Medal Winning War of 1812 Amber Ale
1812 Brewing Company Brings Home Bag of Winning Medals from 2023 Brewski Awards!
1812 Brewing Company's War of 1812 Amber Ale Passes All Aspects of Liquor Control Board of Ontario's Quality Assurance Tests
1812 Brewing Company Wins Two U.S. Gold Medals and Wins World Gold Medal in 2023 World Beer Awards
1812 Brewing Company Ships 450 Cases of its Gold Medal Winning War of 1812 Amber Ale to the Liquor Contril Board of Ontario ("LCBO")
Price Chopper Supermarkets to Carry 1812 Brewing Company's New Helles Bells Lager as well as Route 11 Lager
1812 Brewing Company to End 3(a)10 Debt Reduction Plan After First Tranche