(Press Release)
EDWARDS, Co.—Edwards, Colorado-based Crazy Mountain Brewing Company announces its expansion in both capacity and infrastructure into their second facility in Denver. This summer Breckenridge Brewery turned over its Denver home of nearly 20 years to Crazy Mountain Brewing Company. The history leading up to this summer’s exchange is unique and the transaction is the ultimate example of the industry’s camaraderie. Crazy Mountain moved into a fully-operational brewery complete with fermentation and packaging capabilities.
“On August 1st, Breckenridge Brewery handed over the keys to the facility and Crazy Mountain started brewing just a few hours later, immediately increasing our production capabilities eight fold overnight,” said Kevin Selvy, CEO of Crazy Mountain Brewing Company. “This is the first time in the craft beer industry that a brewing facility of this size and scope was handed from one brewery to the next as a complete, turn-key operation. This opportunity allows us to skip over decades of incremental and extremely challenging growth.”
The exchange between Breckenridge and Crazy Mountain boiled down to friendship, bilateral respect, and symbiosis. Crazy Mountain was ready to take its brewery to the next level by stepping up its national and international distribution and broadening its portfolio. Meanwhile, Breckenridge had plans for building a new state of the art brewery and needed the right buyer to move into its current facility. What makes this story so unusual was that even with mutual motive there were uphill battles that competing craftsman had to overcome by sticking together and helping each other out.
While vacationing in 2011 with his family in the Colorado Mountains, Todd Usry, Breckenridge Brewery’s Director of Brewing, stopped by the Vail Valley’s first production brewery, Crazy Mountain. Selvy was in the midst of his first expansion and Usry could empathize having seen Breckenridge through multiple expansions and moves to accommodate for growth. At the time, Usry was just beginning to plan Breckenridge’s next move. On the verge of maxing out its capacity at Breckenridge’s Denver facility Usry had a vision for the future. He needed to build a new factory that would give them growing room while creating a place that people would want to visit, experience the craft, and connect with its culture. The seed of an idea was planted between Selvy and Usry, but it would take some time to sprout.
In May of 2012 at the Annual Craft Brewers Conference, Selvy had completed Crazy Mountain’s first expansion and had his own visions for brand development. Usry had identified a 12-acre parcel of land in Littleton, Colorado that would be perfect for the new site. It was at the conference that the two agreed to work together… not just that, they vowed to make it happen.
“I’ve always respected Kevin’s entrepreneurial skills and his beers,” said Usry. “He’s a laid-back hard worker and to me that qualified him as a great fit for our former home.”
Usry ultimately made public his intent to sell the property and received offers, however they were all contingent upon Crazy Mountain’s ability to find financing.
Breckenridge Brewery and Crazy Mountain followed the same path just two decades apart. Each was a Colorado mountain-born brewery with the confidence in its brand to tackle strategic, explosive growth and make major moves to Denver. When each brewery moved into the Kalamath Street location, current production was under 15,000 barrels/ year. While Breckenridge spent the course of 20 years organically growing into 65,000 barrels/ year, Crazy Mountain walked into a facility that could brew 65,000 barrels today. As a result of the move, Crazy Mountain will have the ability to increase their revenue by 800 percent and will see capacity grow from 15,000 barrels up to 90,000 barrels per year between its two production facilities.
“For a brewery as young and small as we were to take such a monumental leap required an incredible amount of dedication, sacrifice and hard work from our entire team,” said Selvy. “Had Breckenridge not stuck in our corner as we navigated an expansion that in the beginning seemed an impossibility, we would have never been able to achieve something like this. In the craft beer space this expansion truly is historic in both the enormous opportunities it creates for such a young company, along with the fact that in most industries what would be considered a competitor was really the one who made this incredible opportunity a possibility for us.”
A visit to Crazy Mountain’s new Denver home will reveal subtle signs of the respect for the industry’s brotherhood and for Breckenridge Brewery’s steadfast friendship.
“Breckenridge’s 471 Double IPA will always be on tap here,” said Selvy. “Likewise, Crazy Mountain’s Mountain Livin’ Pale Ale is on tap at Breckenridge Brewery’s Farm House restaurant at its Littleton campus this fall. Come for a behind-the-scenes tour and you’ll see evidence of the building’s heritage and noticeable roots of its rich brewing history.”
About Crazy Mountain Brewing Company
Crazy Mountain Brewing Company is an Edwards, Colorado based company that provides high quality handcrafted brews to beer enthusiasts across the nation. Since 2010, Crazy Mountain Brewing Company has consistently brewed craft beer with the finest ingredients to yield the best tasting ales. Crazy Mountain products are available in cans, bottles and on draft in 20 states across the country and in Sweden, Norway, North Ireland, The Republic of Ireland, Spain, Japan and Hong Kong. For more information on Crazy Mountain Brewing Company, please call 970-926-3009 or visit www.CrazyMountainBrewery.com
About Breckenridge Brewery
Breckenridge Brewery was founded in 1990 in Breckenridge, Colorado. In the past twenty-five years Breckenridge Brewery has grown from a small 3,000-barrels-a-year brewpub to one of the most successful craft beer and restaurant companies in the nation. It now handcrafts more than 64,000 barrels of fresh beer annually and owns and operates five brewpubs and ale houses in the state of Colorado. For more information visit www.breckbrew.com.