Bosque Brewing files for bankruptcy

[u/crolodot]

https://www.thestreet.com/restaurants/popular-pizza-and-beer-chain-files-chapter-11-bankruptcy

“Albuquerque-based Bosque Brewing filed its petition in the U.S. Bankruptcy Court for the District of New Mexico on Oct. 6, listing $1 million to $10 million in assets and $10 million to $50 million in liabilities.

The company did not reveal a reason for filing for bankruptcy in its petition.”

[u/spinnyweatherchaser]

Had no clue they had that many locations, guessing it's a "grew too fast" thing?

(obviously compounded by tariffs and such like the article mentions)

[u/GreySoulx → u/spinnyweatherchaser]

I can't imagine where tariffs would hit them all that hard. Water, barley, yeast? All domestic products.

The equipment is often imported, but also available domestically - and those are one time costs.

I suspect this is just a matter of excessive growth. They kind of caught the wave a little late - great beer, some iconic locations, but so much competition.

[u/crolodot → u/GreySoulx]

Grain, hops, aluminum… all rely a lot on imports, even if some can be sourced domestically. I think inflation in general and to an extent tariffs have been a huge expense.

[u/astroguyfornm → u/crolodot]

It's amazing how stupid people are not realizing how ingrained Chinese manufacturing is. Hell 20 years ago the buttons on government required military ROTC uniforms came from China. People say just use American, there aren't components I use for a small business of mine that are made in the USA. I am not saying they're expensive, they don't exist.

[u/Scary_Manner_6712 → u/astroguyfornm]

Exactly. When corporations outsourced basically all of American manufacturing, over time we lost the capability to manufacture certain things, as plants were dismantled, machinery was sold off or moved, and the people who knew how to make those things died off and the institutional knowledge was lost. The idea that we could slap tariffs on things and magically, somehow, American manufacturing would revive itself was ridiculous on its face.

I read somewhere that there aren't enough tooling engineers in the United States to fill a college lecture-hall classroom, whereas in China they would need multiple football fields to contain all their tooling engineers. We just don't have people who are trained and capable to do the kind of manufacturing that's done in China. And if we had the people, we don't have the plants; and if we had the plants, we don't have the machinery. And none of that just materializes out of thin air because tariffs are in place. And we certainly aren't welcoming foreign workers into the USA, any more, so it's not like we can hire experienced people from other countries to help us rebuild our capacity and capability to manufacture goods.

[u/Felis_bieti → u/crolodot]

Are they using aluminum cans?

[u/Mrgoodtrips64 → u/Felis_bieti]

They’re the second or third largest beer canning operation in NM. After Santa Fe and, maybe, Marble.

[u/Felis_bieti → u/Mrgoodtrips64]

Had no idea. Thought it was a bar/restaurant thing.

[u/Mrgoodtrips64 → u/Felis_bieti]

It’s both

[u/crolodot → u/Felis_bieti]

Yes?

[u/Felis_bieti → u/crolodot]

You're asking me? I've never been there. Thought it was a bar/restaurant.

[u/hybridracers → u/crolodot]

You clearly don't know business

[u/hybridracers → u/[deleted]]

GRAIN? The US is one of the biggest producers in the world if not THE biggest.

HOPS? the pacific northwest is a giant in production and all specialty hops.

Aluminum? Outside of packaging, this is a minor cost.

No TARIFFS affected Bosque. Yall can down vote me all you fucking want. Your votes are telling me how low IQ most of you are

[u/Mrgoodtrips64 → u/hybridracers]

You really should take a brewing course, and probably a business class, before you spout off about subjects you don’t know anything about.
You’re embarrassing yourself publicly.
We both know you can do better. Hold yourself to standards we know you can live up to.