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updated: 7/16/2012 7:56:12 AM
Indiana Breweries Are Burgeoning
Indiana's emerging craft beer industry is showing no signs of slowing down. The Brewers of Indiana Guild says there are 49 breweries in the state with another 12 on tap, boosted by an increasing trend among consumers to buy local. The state has been behind other areas of the country in jumping into the craft beer craze, but the guild says it now ranks 25th in breweries per capita. Guild President Ted Miller discusses the state of the industry during an appearance on Inside INdiana Business Television.
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Miller says access to capital continues to be an issue for the industry, especially considering most of the people behind breweries are entrepreneurs.
He also says there is a threat from the larger beer companies. As the craft beer industry nationwide expands market share, Miller believes the big companies could try to enter the segment.
He says they have better access to market and "all the capital in the world."
Source: Inside INdiana Business
