GE Capital Finances New Chicago Brewery for Lagunitas
OREANDA-NEWS. GE Capital, Corporate Finance today announced it is providing Lagunitas Brewery with a USD 20 million credit facility to equip the company’s new Chicago brewery.
Lagunitas, founded in 1991 and headquartered in Petaluma CA, is one of the nation’s fastest-growing craft brewers. The company is opening a 600,000-barrel capacity brewery in the Douglas Park neighborhood of Chicago, where it held a ribbon-cutting ceremony on June 17, 2014.
“GE Capital understands the craft beer industry and worked closely with us to develop the right financing solution,” said Tony Magee CEO of Lagunitas. “Having a lender with targeted industry expertise helps us to meet our growth and expansion needs.”
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