Award-winning Pa. brewery files for bankruptcy: ‘Faced real challenges’

A brewery that claims it’s the oldest craft brewery in Pittsburgh filed for Chapter 11 bankruptcy protection on Tuesday, Hoodline reports.

Penn Brewery — which has been around for about 40 years, and which has picked up over 20 accolades along the way — expanded upon this bankruptcy news in a Facebook post published on the same day. However, it reassured customer that it’ll remain open for business as bankruptcy proceedings take place.

“We want to address this directly and transparently before any speculation begins: Penn Brewery is not closing,” the post reads. “Like many businesses, we are utilizing Chapter 11 as a strategic tool to restructure and secure a stronger future…

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