Mustang purchases downtown brewery | Business
A well-known brewing company announced that it is purchasing a brewery in downtown Oklahoma City.
Mustang Brewing Company has agreed that it will purchase OKCity Brewing, which is located on Sheridan Ave. just west of downtown.
Tim Schoelen, Mustang founder, said, "We are extremely excited to enter into this phase of our business plan. Bringing a large portion of our 60,000-plus cases per year production back into Oklahoma is a great feeling."
Originally, Mustang developed beers in its pilot facility in the Sooner State before brewing them at breweries out of state.
Officials say Mustang will begin producing all of their kegs and bottling of their premier Saddlebag Series line at OKCity Brewing immediately.
Gary Shellman, brewmaster, said, "This will be a gradual process. Bringing all keg production in-house is Step 1. The OKCity facility cannot handle 100% of our production yet. Step 2 will be expanding capacity and adding a bottling and canning line that can accommodate our growing production needs."
The three-year-old brewing cooperative is the current home of Red Bud, Anthem and Black Mesa Brewing.
Schoelen said, "We absolutely look forward to continuing the relationships with Red Bud, Anthem and Black Mesa."
In a statement, Brad Stumph, sales and marketing at Black Mesa Brewing, said, "Chris and I congratulate Mustang on the purchase of the co-op and are excited that Mustang understands and embraces the importance of the cooperative to the craft beer community in Oklahoma. At Black Mesa Brewing Co. we believe ‘the rising tide will lift all’ and that the brand of all Oklahoma brewers is enhanced by a vibrant brewing community. We are excited about the transition because Mustang understands the challenges start-up breweries face. We believe they will provide the business savvy needed to give the cooperative a stable platform. For Black Mesa this means that we are able to dedicate 100% of the efforts of our nano-brewery to developing and brewing great beer.”
In a statement, Matt Anthony, president/brewmaster at Anthem Brewing, said, "The co-op has been a great way for Anthem to get off the ground, and I couldn't be more excited about this development. Mustang's purchase of OKCity means even greater opportunities for collaboration on all levels between the breweries there. This truly embodies what the craft beer movement is all about.”