In July 2014, Harpoon Brewery became 48 employee-owned through an employee stock ownership. One thing that has changed: in August 2014 Harpoon became an employee owned company! We invite all of you to visit our Boston brewery, where it all began, and our beautiful brewery in Windsor, Vermont. Dans sentiment about joint ownership isnt an exaggeration. We still love brewing beer and enjoying it with friends. Though many things have changed since the early days of Harpoon, much has stayed the same. It was hard to imagine that craft brewing would become what it has today. Fresh, local craft beer began making its way out to Boston beer drinkers. We love everything about beer, but the thing we love most is sharing it. In June of 1987, a warehouse space on the Boston waterfront was transformed into a brewery and the first Harpoon Ale was brewed. They decided to build a brewery so that they could brew the beers that they wanted to drink, and invite their friends to the brewery to drink it with them. Traveling through Europe and experiencing the rich traditions of European brewing and beer drinking enhanced their love of beer and opened their eyes to the rich beer culture they wanted back home. They were three friends who loved beer and loved drinking beer together but found the beer choices at the time to be limited. Harpoon was started in 1986 by Dan Kenary, Rich Doyle, and George Ligeti. In 2014, Harpoon became an employee-owned company. About Events with Harpoon Brewery Taproom and Beer Garden Harpoon’s line of craft beer features its award-winning IPA and seasonal beers, along with special limited releases.Two hours later they called the shareholders back: All six voted in favor of employee ownership. The employee owned brewery now has locations in Boston, Massachusetts and Windsor, Vermont and is the 17th top producing craft brewing company in the United. Weed is a new kind of THC beverage that invites fans to savor its non-alc, low-calorie, innovative recipe BOSTON, Feb. The pair gathered the shareholders, and each made the case for his preferred approach, then left the six to deliberate. Harpoon Brewery crafted for a different kind of buzz, Rec. lovebeerlovelife sprout. “We thought, why not treat those six like a jury?” says Kenary. Harpoon Brewery (harpoonbrewery) Instagram photos and videos harpoonbrewery Follow 2,329 posts 90.2K followers 816 following Harpoon Brewery Brewery Proudly Employee-Owned. The remaining 10% was split between six others-two outside investors and four senior managers. The existing shareholder group transferred 48 of Harpoon’s shares to an Employee Stock Ownership Plan (ESOP). Weed is a new kind of THC beverage that invites fans to savor its non-alc, low-calorie, i. Press Release: Harpoon Brewery: An Employee-Owned Company (Boston, MA) The Harpoon Brewery, brewers of Harpoon IPA and UFO beers, is proud to announce that effective August 1st it will become an employee-owned company. I hope to see many more breweries become employee owned in the future. Recently a brewery converted to ESOP right in Burlington, VT. It has been great to see other breweries become ESOPsbefore and after us. Mass Bay had done several buybacks since its early days, and Kenary and Doyle both held just under 45% of the company. Harpoon Brewery crafted for a different kind of buzz, Rec. Becoming an ESOP (employee stock ownership plan) in 2014 was a natural progression for Harpoon’s culture. Rather than butt heads, the two decided to seek another perspective on the direction they should take. Their once-small company had grown considerably over the years and both realized the potential repercussions of Doyle’s sale. Kenary planned to stay but hoped Doyle would sell his shares directly to the workers through an employee stock ownership program (ESOP). In 2014, Harpoon became an employee-owned company. BOSTON, MA (July 10, 2014) The Harpoon Brewery, brewers of Harpoon IPA and UFO beers, is proud to announce that effective August 1st it will become an employee-owned company. Doyle wanted to exit and favored selling to an outside investor. Harpoon’s line of craft beer features its award-winning IPA and seasonal beers, along with special limited releases. By 2014, Kenary and Doyle were in a quandary about what to do with Mass Bay (Ligeti had left in 1990).
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