Anchor Brewing closes (2023)
Anchor Steam, San Francisco's 127-year-old brewery, stopped production in July 2023 after owner Sapporo put the company into bankruptcy. It had been a craft beer pioneer since 1896.
The Potrero Hill brewery shut down. The brand and recipes were later sold out of bankruptcy.
Anchor became a symbol of craft beer consolidation, and the brand was eventually revived under new ownership.
Shows that even the most storied San Francisco alcohol brands fail when finances break down, the same pressure The Liberties now faces.
