Bourbon and beer maker files Chapter 7 bankruptcy, shuts down

Higher costs for raw materials, rising labor and rent costs, as well as the struggling American consumer have led to numerous breweries and distilleries closing.The craft beer market continued its historic decline in 2025, with a 5.1% decrease in production and 2.9% contraction in U.S. breweries, according to the Brewers Association’s data.You can blame inflation and economy for some of…