$10.3m upgrade for iconic Cascade Brewery

Carlton & United Breweries (CUB) is making a $10.3 million capital investment to significantly increase Cascade’s brewing capability and launch Cascade as one of Australia’s leading craft breweries. The brewing upgrade will result in a 65 per cent increase in production at Cascade.

According to the company, the upgrade is intended to secure its future and realiseits for Cascade and Tasmania to become a craft brewing hub for the Asia Pacific region.

Cascade will expand its craft brewing options, including brewing experimental beers for our Australian and Asia Pacific region operations. It will also brew a number of beers from some of the world’s leading craft brands.

The beers brewed at Cascade will be distributed to all Australian states, with some exported to the Asia Pacific region. This is good news for Tasmania’s local economy and jobs.

The expansion will secure Cascade’s existing jobs, while also creating jobs in the construction phase and five new ongoing full-time jobs.

“We are thrilled that Cascade will become CUB’s craft brewing hub for the Asia Pacific region. It is testimony to our long-term confidence in Cascade, Hobart and Tasmania”, said Jan Craps, CEO of CUB.

CUB selected Cascade to lead our growth in craft beer for a number of reasons. “We love Tasmania’s vibrancy and confidence and its world renowned reputation for clean food and drink. We’re also backing our team of experienced brewers at Cascade to take us to the next level. We’re going to build on a heritage that commenced when Cascade first brewed for Tasmanians in 1832,”  Craps said.

Image: Will Hodgman, Premier of Tasmania at Cascade Brewery.