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Monument distillery closes, files for bankruptcy businessden.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessden.com Daily Mail and Mail on Sunday newspapers.
Crazy Mountain Brewing Co. cuts square footage by 90%; leaves Baker for Cap Hill businessden.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessden.com Daily Mail and Mail on Sunday newspapers.
Crazy Mountain Brewing exiting Baker brewery for smaller space BusinessDen file) Barry Watkins, the CEO of Crazy Mountain Brewing Co., has changed his mind. “But at the year-end of the pandemic, we took a step back and decided the fixed-cost overhead of the property was too much of a burden to bear,” Watkins said. Crazy Mountain, which had occupied the space since 2015, had a short-term lease extension with its landlord and recently decided not to renew, Watkins said. The property is still up for sale. So, the brewery will “soon” be moving out of its large facility, which was previously home to Breckenridge Brewery, and downsizing, according to the CEO. A lease for the new, smaller brewery and taproom is not finalized, he said, but the company has its sights set on a location on Colfax Avenue closer to downtown. ....
Crazy Mountain founder sues brewery over wages years after he was fired BusinessDen file photos) The former CEO of Crazy Mountain Brewing Co. is suing the company he founded in 2010. Kevin Selvy filed a lawsuit against the Denver-based brewery on March 11, alleging that the company still owes him $21,112 in unpaid salary and other expenses years after firing him. That amount has since increased to $37,294 due to Colorado Wage Act penalties, Selvy says in his lawsuit. Selvy served as CEO until Crazy Mountain’s board of directors, which represents 20 or so investors who own the company, voted to replace him. Selvy claims in his lawsuit that he was terminated on Dec. 31, 2018. Barry Watkins, the company’s CEO, disagreed with that timeline. He said he assumed the role in May 2019, at which time Selvy’s role at the company was reduced to president. Selvy’s contract expired at the end of 2019, according to Watkins. ....