The region’s economy is tapping into the craft beer boom.
“It’s an additional aspect that makes downtown Binghamon more attractive,” Mayor Richard David said. “In the past, our success was kind of determined by: ‘We finally got a such and such.’ When you’re actually now on par with trends that are going on in other cities, I believe that’s a significant step forward.”
Outside of Binghamton, there’s The North Brewery on Washington Avenue in Endicott. The FarmHouse Brewery, in Tioga County, recently held a grand opening celebration of its tap room location at 14 George St. in Owego.
And Binghamton Brewing Co. is slated to open Aug. 16 in Johnson City.
Mike Weisel, co-owner of Galaxy Brewing, explained the growth of the craft beer industry and its impact on the local economy at a Binghamton Rotary Club No. 64 lunch meeting on Tuesday in Binghamton.
“There is something that is changing in how we think about beer,” Weisel said. “There has been a fundamental change in what Americans want when they go out.”
Weisel said more people are opting to drink craft beer to enjoy the experience rather than consuming several light beers during a night out. Galaxy’s core customer base is made up of young professionals aged 25 to 40 years old. “We very rarely get students,” Weisel said.
According to the Brewers Association, an American trade group of more than 1,900 brewers, there are 165 craft breweries in New York. Those breweries had an economic impact of nearly $2.2 billion in 2012 and produced almost 860,000 barrels in 2013, according to the Brewers Association.