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Lagunitas Brewing Co. turns to GE Capital for new brewery needs

July 30, 2014Jason Morgan

Lagunitas Brewing Co. Logo
Lagunitas, founded in 1991 and headquartered in Petaluma, Calif., is one of the nation’s fastest-growing craft brewers.

In today’s craft brewing industry, expansion is often more challenging than initial success. There comes a time for each successful craft brewery to decide how to go about building its business. Lagunitas Brewing Co. turned to GE Capital, Corporate Finance for a $20 million credit to equip its new Chicago Brewery.

Lagunitas is opening a 600,000-barrel (bbl) capacity brewery in the Douglas Park neighborhood of Chicago, where it held a ribbon-cutting ceremony on June 17.

“GE Capital understands the craft beer industry and worked closely with us to develop the right financing solution,” said Tony Magee chief executive officer of Lagunitas. “Having a lender with targeted industry expertise helps us to meet our growth and expansion needs.”

“Lagunitas has been on a remarkable growth trajectory, and we are excited to be able to work with them to expand to a new brewery in Chicago,” said Chris Nay, senior managing director, Food & Beverage, GE Capital, Corporate Finance. “Helping mid-size companies achieve their growth plans is our specialty.”

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  1. mrbrewreview says

    August 6, 2014 at 10:32 pm

    Lagunitas Brewing Co. turns to GE Capital for brewery needs http://t.co/HNFOIw4sNZ via @craftbrewingbiz

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  2. WinAHomeForLife says

    August 6, 2014 at 5:59 pm

    RT @CrowdBrewed: Lagunitas Brew Turns to GE Capital for Brewery Needs http://t.co/NuYDcQHdw9 @CraftBrewingBiz @lagunitasbeer #funding http:…

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  3. CrowdBrewed says

    August 6, 2014 at 5:46 pm

    Lagunitas Brew Turns to GE Capital for Brewery Needs http://t.co/NuYDcQHdw9 @CraftBrewingBiz @lagunitasbeer #funding http://t.co/i1CcxwFT7a

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  4. Michigan Beer Maps says

    July 31, 2014 at 9:23 pm

    Michigan Beer Maps liked this on Facebook.

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  5. Glass Bottle Outlet says

    July 31, 2014 at 9:23 pm

    Glass Bottle Outlet liked this on Facebook.

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  6. Don Gregory says

    July 30, 2014 at 6:07 pm

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  7. Alejandro Fogg says

    July 30, 2014 at 4:52 pm

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  8. Phil Smith says

    July 30, 2014 at 4:52 pm

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  9. crsimp01 says

    July 30, 2014 at 4:35 pm

    Lagunitas Brewing Co. turns to GE Capital for brewery needs http://t.co/hYia0ij6dx via @craftbrewingbiz

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