Craft Beverage Warehouse
Press Release

Craft Beverage Warehouse Announces Expansion in Denver, Colorado

 

By - Oct 10th, 2024 12:41 pm
Image courtesy of Craft Beverage Warehouse.

Image courtesy of Craft Beverage Warehouse.

Milwaukee, WI – Craft Beverage Warehouse LLC (CBW), a Milwaukee-based direct-to beverage can digital printer, is increasing production capacity by adding a facility in Denver, Colorado. The multimillion-dollar project is the rapidly expanding company’s second print facility in the US. Most recently, in May 2024, CBW added a second print line to its existing Milwaukee, Wisconsin facility.

“We have been eyeing national expansion for the last eighteen months. Our team has grown both in size and experience and are now ready to take the next step for the business. While our products are in high demand, the cost of shipping and related environmental impact can be an obstacle when shipping outside of our region. We’ve also developed some solid relationships with both machinery vendors and customers in the Mountain West region and we would like to grow those partnerships while providing a cost and environmental benefit versus shipping across the country,” said Kyle Stephens, Co-founder and President of CBW.

Co-founder and VP of Business Development Michael DeGrave describes the expansion project, “This give us the ability to supplement our current relationships and get more traction with new customers on the West coast where shipping costs are currently a barrier from our Milwaukee location. Denver will provide us with much needed production capacity, while decreasing costs on logistics which is a big value add for our customers.”

CBW’s new print facility will be located at the new Pivot Denver development, which offers unparalleled access to the entire Denver metro area with access to I-25, I-70, and I-76. “Pivot Denver is a state-of-the-art manufacturing and distribution complex that will provide us access to multiple regions that are hard to service out of our Milwaukee production facility. The Westfield and Cushman & Wakefield teams were wonderful to work with through the lease negotiation process,” said Stephens. CBW was represented by Matthew Kawulok with CBRE.

Pivot Denver’s location also aligns with the company’s commitment to grow within Federal Opportunity Zones, which are designated to help spur economic growth and job creation in low-income communities.

The digital print facility is expected to open in Spring of 2025 and employ 20 full-time workers once it is fully operational. CBW has declined to provide details of its financing arrangements due to the company’s multiple expansion projects currently underway, including a prospective real estate development at Milwaukee’s Century City Business Park.

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.

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