Restaurant chains aren’t the only businesses feeling the brunt of financial struggles. In the spirits world, craft producer Boston Harbor Distillery, who makes whiskey, rum. Gin, liqueurs and distilled beer, filed for Chapter 11 bankruptcy protection this week. The Dorchester, Massachusetts-based company filed its petition for protection on March 31 and listed $500,000 to $1 million in assets, as well as $1 million to $10 million in debts.
Established in 2012 by Samuel Adams brewer and Boston Beer Company’s co-founder Rhonda Kallman, Boston Harbor Distillery currently takes up space in a historic Dorchester building that was built back in 1859. The building once housed a hot-forged horse nail maker who supplied both sides throughout the Civil War. And as time went by, the building would eventually be occupied by George Lawley & Son Shipyard and a Seymour’s Ice Cream factory respectively.
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Like many other businesses inside and outside of the beverage industry, the spirits distilling industry has faced its own mixed bag of setbacks dating back to the Covid-19 pandemic. And according to reports online, distillers have been experiencing decline in demand for alcohol and spirits after recovering from the pandemic.
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