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Paul Graham President

Paul Graham President. History. Started in 1998 by two friends (with a little ingenuity and some pocket change) Purchased from original owners in 2001 Moved to Amherst in 2007. Growth. First year of production was 350 barrels of beer (10,850 gallons)

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Paul Graham President

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  1. Paul Graham President

  2. History • Started in 1998 by two friends (with a little ingenuity and some pocket change) • Purchased from original owners in 2001 • Moved to Amherst in 2007

  3. Growth • First year of production was 350 barrels of beer (10,850 gallons) • Last year in Junction City was 750 barrels (23,250 gallons) • Production for 2011 will be 8000 barrels (248,000 gallons)

  4. Financing • 2000 – Purchasing the business • Initial capital investment • SBA Loan

  5. Financing • 2006 – Moving to Amherst – New building and brewing equipment • International Bank of Amherst • CAP Services – Lease / purchase program • Portage County Revolving Loan Fund

  6. Financing • 2008 – Expansion – building addition, Tap Room remodel, solar thermal panels, new brewhouse, new packaging line • International Bank of Amherst • CAP Services • Bankers Bank • Stock Sales

  7. Financing • 2010 - Building and cellar expansion • CAP Services and IBA

  8. Financing • 2011 – Expansion in the cellar and brewhouse, installation of Photovoltaic Panels

  9. Thanks • Central Waters Brewing Company • www.centralwaters.com

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