When two northwest suburban childhood hockey pals launched Spiteful Brewing in 2012 as a post-collegiate enterprise, the business overcame long odds to grow from a stovetop startup into an award-winning craft brewery and tap room in Bowmanville.
But after successfully navigating everything from the pandemic to a flat craft brewing market that has forced several Chicago competitors to close, Spiteful faces an imminent new challenge: tariffs.
President Donald Trump’s 25% tariffs on imported aluminum, set to go into place March 12, will raise the cost to produce every whimsically adorned can of Spiteful beer, from its Working for the Weekend Double IPA to its Fat Badger Ale.
For Spiteful and other Chicago craft brewers, the results may be inevitable: libation inflation.
“Imagine something that you’re buying every day goes up 25% overnight,” said Jason Klein, 42, co-founder of Spiteful Brewing. “We would have no choice but to raise prices — there’s no way we can absorb that.”
A niche segment of the beer industry, craft brewing has become big business in Illinois, with hundreds of mostly small manufacturers generating $3.1 billion in economic impact in the state in 2023, according to the Brewers Association, a Colorado-based trade group. But after years of explosive growth, craft brewers have struggled in the post-pandemic landscape amid a glut of competitors, with a number of high-profile brewery and taproom closings in the Chicago area. Tariffs may be another blow.
www.chicagotribune.com
But after successfully navigating everything from the pandemic to a flat craft brewing market that has forced several Chicago competitors to close, Spiteful faces an imminent new challenge: tariffs.
President Donald Trump’s 25% tariffs on imported aluminum, set to go into place March 12, will raise the cost to produce every whimsically adorned can of Spiteful beer, from its Working for the Weekend Double IPA to its Fat Badger Ale.
For Spiteful and other Chicago craft brewers, the results may be inevitable: libation inflation.
“Imagine something that you’re buying every day goes up 25% overnight,” said Jason Klein, 42, co-founder of Spiteful Brewing. “We would have no choice but to raise prices — there’s no way we can absorb that.”
A niche segment of the beer industry, craft brewing has become big business in Illinois, with hundreds of mostly small manufacturers generating $3.1 billion in economic impact in the state in 2023, according to the Brewers Association, a Colorado-based trade group. But after years of explosive growth, craft brewers have struggled in the post-pandemic landscape amid a glut of competitors, with a number of high-profile brewery and taproom closings in the Chicago area. Tariffs may be another blow.
Chicago craft brewers expect Trump’s aluminum tariffs to raise the price of a six-pack
For the craft beer industry, which depends heavily on aluminum cans from Canada, the 25% increase is expected to hit hard.
www.chicagotribune.com
