Palmetto Brewing Company has been sold
The Palmetto Brewing Company, South Carolina’s first brewery, has now been sold.
The Catawba Brewing Company of Morganton, North Carolina has purchased the company and now the two breweries will be joined into a single entity.
Catawba intends to finalize the sale by the end of 2017, giving Catawba 100 percent ownership.
According to the companies, once the deal is finalized, they will immediately implement a $1 million investment into Morganton and Charleston.
This includes facility upgrades, equipment and personnel.