Niko Tonks used to brew at Live Oak Brewing Company
, but recently moved back to Minneapolis. In his bags was the idea for a co-op brewery, Fair State Brewing Company
. Tonks, Evan Sallee, Matthew Hauck are partners in the brewery and are all old college friends. In addition to $200,000 from investors, 125 co-op members $200 each. They recently signed a lease for a building which will be shared with a German-style bakery.
Co-op members will vote for the board of directors and get discounts as well as dividends from profits of the brewery.
The brewery is expected to open May 1.
Labels: Beer News