Deal brewing to sell Memphis plant to Yuengling - WMC Action News 5 - Memphis, Tennessee

Deal brewing to sell Memphis plant to Yuengling

MEMPHIS, Tenn. (AP) - D.G. Yuengling & Son, Inc., the nation's oldest brewer, has signed a letter of intent to buy a Memphis plant.

Yuengling Chief Operating Officer David Casinelli told The Commercial Appeal there are serious discussions about the plant now owned by Hardy Bottling Co., but said the deal isn't closed.

The proposed sale was first reported Thursday by The Wall Street Journal, which said the Memphis plant would become the fourth brewing plant for Pennsylvania-based Yuengling and help the brand expand beyond 13 Eastern states.

The Commercial Appeal said Carolyn Hardy, an owner of the plant, told a committee of the Memphis & Shelby County Industrial Development Board on Wednesday that beer would be again brewed there. Hardy's company bought it to bottle nonalcoholic drinks.

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