Pottsville-based D.G. Yuengling & Son Inc., the country's oldest brewery, is closing in on annual sales of 2 million barrels and about to eclipse Boston Beer Co. as the largest American-owned brewer, reports the Philadelphia Inquirer.
A big reason is that foreign-based companies have acquired such beer behemoths as Anheuser-Busch and MillerCoors. Another is the coal region beer's rapid growth. That said, Yuengling is still dwarfed by Anheuser-Busch, which rolls out 100 million barrels a year nationally, Gatza said.
Privately held Yuengling, which employs 225, does not release income or earning reports.
Still, Yuengling's sales growth is remarkable considering its beer is available in just a dozen states, mostly along the East Coast. And its sales, stale for decades, began bubbling up from less than 100,000 barrels a year as recently as 1985, when Dick Yuengling Jr. bought the company from his father.
Original Source: Philadelphia Inquirer
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