MORGANTON, N.C. and CHARLESTON, S.C.– Catawba Brewing Co. of Morganton, NC (Catawba) and Palmetto Brewing Company of Charleston SC (Palmetto) are excited to announce the two companies are being joined into a single entity. Catawba intends to finalize the purchase of Palmetto by the end of 2017 with the Pyatt family retaining 100% ownership.
“The closer we became to Palmetto’s owners, the Lipov family, the more we realized our two companies were very similar,” said Pyatt. “Palmetto will produce around 16,000 barrels in 2017, and Catawba will produce around 17,500. Their culture is one of giving back to the employees and the communities served, and their attention to customers mirrors ours.” Yet there are key differences which should become synergies. “Catawba has one of the most effective manufacturing operations in the southeast, while Palmetto has proven highly successful in customer-facing operations.”
“The opportunity for combined growth and shared resources will put both brands in a more competitive position to compete in the rapidly changing craft market, “said Larry Lipov, Palmetto’s owner. “And it is […]