A one-time microbrewery in Calgary has announced a major expansion with plans to more than double its staff.
A $9.6 million investment by Labatt Breweries of Canada will see the Banded Peak Brewing Co. expand its 4,800 square foot brewery by an additional 7,000 square feet.
The company is also increasing staff by 68 per cent with new positions in front of house, logistics and brewery operations.
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The expenditure also includes a bulk grain silo to reduce plastic use in malt shipping as well as improved brewing equipment throughout the facility.
Banded Peak Brewing Co. has been owned by Labatt since 2020.
“We’re proud to be able to contribute to our community through this investment,” wrote Chad Patterson, vice president, craft and high end with Labatt Breweries of Canada in a December 13 news release.
“From day one, Banded Peak has brewed local craft beer for Albertans and beyond, and this investment from Labatt will enable the necessary next steps to ensure that Albertans can continue to enjoy locally-brewed Banded Peak beer for years to come.”
Colin McLean, co-founder of Banded Peak Brewing, was “thrilled” the investment will allow the company to bring Calgarians more selection.
“This investment cements the fact that we are steadfast in our commitment to producing our beer locally, with new jobs, local ingredients and the type of innovation that continues to make Calgary a great place to live and work.”
The 176-year-old Labatt Breweries of Canada is owned by Belgian multinational Anheuser-Busch InBev.
Banded Peak Brewing opened its brewery and taproom in Calgary in 2016 to serve a growing market for taproom culture in the city. They championed the establishment of the Barley Belt, a district with Alberta’s highest concentration of taprooms.
