Boston Investment Firm Buys Into Utah Craft Brewer

squatters wasatch
The Boston Herald is reporting that investment firm Fireman Capital Partners is making a “major investment” in the Salt Lake City brewer Utah Beers, which owns both Wasatch and Squatter’s Pub. According to the story, the investment will be used to “support the expansion of the Squatters and Wasatch brewer’s distribution, marketing and brew pub business.”

Currently, “Squatters and Wasatch beer is sold in 12 states and the company operates five brew pubs and restaurants in Salt Lake and Park City, Utah.” Squatters co-founder Peter Cole was also quoted in the piece. “This investment opens the door to the next level for Squatters and Wasatch, and provides the financial firepower and expertise we need to meet rapidly growing demand for our beer and to reach new markets.”

Jennifer Talley Going To RedHook

squatters redhook
Here’s some surprising news. Jennifer Talley, the award-winning brewer from Squatter’s Pub Brewery in Salt Lake City, Utah, is moving to Washington to take over brewing for RedHook at their Woodinville brewery. Specifically, her title will be “brewing operations manager.” Talley had been with Squatters for at least 20 years. According to Pro Brewer, who broke the news yesterday, “Squatter’s produces about 1,250 barrels of beer a year. Redhook? About 170,000 barrels of beer annually.”

More from Pro Brewer:

When Squatters opened a microbrewery in 1994, Talley became head brewer when the previous head brewer moved over to Salt Lake Brewing’s sister company, Utah Brewers Cooperative, which makes Wasatch Beers.

Talley got her first award — a gold medal at Denver’s Great American Beer Festival for a Vienna lager — in 1997. She proceeded to name her daughter Vienna when she was born two years ago. Since then, she has won numerous awards at the GABF, including another gold last weekend for Squatters’ Fifth Element ale. Squatters will search nationally and locally for a new head brewer.

Congratulations to Jennifer on the new gig.

Jennifer Talley (2nd from the left) after a panel discussion at GABF on women in brewing in 2007. From left: Carol Stoudt (from Stoudts Brewing), Talley, Natalie Cilurzo (from Russian River) and Teri Fahrendorf.

Utah Beer

Today in 1890, Utah became the 45th state.


Utah Breweries

Utah Brewery Guides

Guilds: None Known

State Agency: Utah Department of Alcoholic Beverage Control


  • Capital: Salt Lake City
  • Largest Cities: Salt Lake City, West Valley City, Provo
  • Population: 2,233,169; 34th
  • Area: 84904 sq.mi., 13th
  • Nickname: The Beehive State
  • Statehood: 45th, January 4, 1890


  • Alcohol Legalized: December 5, 1933
  • Number of Breweries: 15
  • Rank: 36th
  • Beer Production: 1,114,008
  • Production Rank: 39th
  • Beer Per Capita: 12.4 Gallons


Package Mix:

  • Bottles: 32.3%
  • Cans: 59.6%
  • Kegs: 8%

Beer Taxes:

  • Per Gallon: $0.41
  • Per Case: $0.93
  • Tax Per Barrel (24/12 Case): $12.80
  • Draught Tax Per Barrel (in Kegs): $12.80

Economic Impact (2010):

  • From Brewing: $47,793,674
  • Direct Impact: $237,261,674
  • Supplier Impact: $211,360,795
  • Induced Economic Impact: $124,753,226
  • Total Impact: $573,375,695

Legal Restrictions:

  • Control State: Yes
  • Sale Hours: On Premises: Restaurants: Noon to midnight for liquor, 10:00 a.m. to 1:00 a.m. for beer. Bars may serve liquor from 10:00 a.m. to 1:00 a.m. Off Premises: Varies by state liquor store hours.
  • Grocery Store Sales: 4.0% (3.2% a.b.w.) or below only
  • Notes: ABV > 4.0+% sold in state-controlled stores only. State-controlled stores close on Sundays and cease operations no later than 10 p.m. the rest of the week. Restaurants must buy from the state-controlled store (no delivery) at retail prices. No alcohol may be served on Election Day until 8 p.m. No alcohol is served in restaurants without purchase of food. A ban on 4.0% or below beer available on tap was repealed in March 2009. Sales of kegs prohibited.


Data complied, in part, from the Beer Institute’s Brewer’s Almanac 2010, Beer Serves America, the Brewers Association, Wikipedia and my World Factbook. If you see I’m missing a brewery link, please be so kind as to drop me a note or simply comment on this post. Thanks.

For the remaining states, see Brewing Links: United States.