Notch Brewing Inc. Expands Microbrewery With MassDevelopment Loan
06/24/2016
As an incentive, MassDevelopment provided the company with a $425,000 equipment loan. The loan will allow Notch to move a portion of its production in-house and reduce its reliance on contract brewers.
“The equipment loan from MassDevelopment was a critical component in financing our new production brewery in Salem. This support allows us to expand our production capabilities to meet increasing demand, and to bring manufacturing jobs back to the city’s downtown,” said Notch Brewing founder Chris Lohring.
“New England is becoming an incubator for creative and inventive new microbreweries,” said MassDevelopment President/CEO Marty Jones. “There’s no better time to support local food and beverage manufacturers like Notch, and we are pleased this loan will help expand a vibrant business in Salem.”
Launched in 2010 and based in Salem, Notch was the first brewing company in the U.S. to focus exclusively on low-alcohol session beer. The company is scheduled to open its new taproom, featuring two indoor seating areas and an outdoor German-style “biergarten” overlooking Salem Harbor, in early July.
Project Announcements
GE Appliances Expands Jefferson County, Kentucky, Operations
06/30/2025
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024