Small brewery to open its 12th pub in an expanding craft beer market
Published 01/06/2016 | 02:30
The business behind the Galway Bay Brewery is to shortly open up a new brewery and its 12th pub as it continues to capitalise on the growing popularity of craft beers.
Director of Galway Bay Brewery Jason O'Connell said yesterday that the business has been able to flourish, claiming that the overall product for Irish drinkers "had been pretty lame" before the growth of the craft beer industry.
Mr O'Connell said that the business "hasn't been an overnight success", pointing out that its first pub was opened 10 years ago in Galway.
He said that the business - which employs around 150 -has plans to expand further after it opens its 12th pub, in Limerick.
He said: "We want to keep expanding here and eventually expand into the east coast of America."
He said: "Things are going pretty well. Every penny we earn is put back into the firm."
The firm will shortly open up a new brewery in Galway. Mr O'Connell said: "We have a good crew around us and we want stay number one, stay innovative and keep pushing boundaries."
He added: "It has been a long haul, but we enjoy it."
The expansion coincides with new figures from the Minister for Finance, Michael Noonan, which show the rapid growth of the craft beer industry here.
The figures show that the amount claimed in tax relief on beer produced by the industry jumped by 71pc to €4m last year.
According to Minister Noonan, the amount claimed in tax relief between 2011 and 2015 totalled €9m.