Fort Collins Brewery sells operations to Canada’s Red Truck Beer Co.

Fort Collins Brewery seemed like a Colorado craft brewery on the rise. It had recently launched a new flagship beer lineup and was pushing out slick new cans to the 18 states in its distribution footprint. All of those cans and that footprint will be soon fading out to make way for Red Truck Beer Co. — a Canadian craft brewery that just purchased Fort Collins’ 35,000 square-foot facility to start up its U.S. operations.

From the Coloradoan:

The Vancouver-based Red Truck plans to obtain its federal brewing license by the end of the year and open a new brewpub called Truck Stop in the Fort Collins space in spring of 2018. RB+B Architects are working on the renovations.

“We could see that Fort Collins was the epicenter for first class brewing in the U.S.,” said Red Truck founder Mark James in a press release. “There is an amazing community of brewers and connoisseurs here, and we are excited to become a part of the community.”

Red Truck, which debuted in 2005, currently produces about 20,000 barrels annually that are distributed to Canadian provinces British Columbia, Alberta, as well as the state of Washington.

Five best practices for managing your brewery’s cash flow