Published 19th May 2017 at 12:48
A local brewery will be ‘Ale & Hearty’ this month when it begins an expansion into new premises thanks to a business loan from CWRT.
Coventry-based Twisted Barrel Ale Ltd is a busy micro-brewery producing a range of artisan beers.
It is based in FarGo Village in Coventry but in early summer 2017 will move within the village, to larger premises.
The location change will enable them to increase production to meet growing demand, including thirsty orders from Hong Kong.
The move was made possible by a £75k expansion loan from CWRT (Coventry and Warwickshire Reinvestment Trust) which provides regional business finance to support economic growth.
Ritchie Bosworth, Twisted Barrel MD said, “We’d like to thank CWRT for their support. Our new location will enable us to significantly uplift production and meet higher demand.”
Ally Evering, Business Loans Officer at CWRT said, ‘This is a successful and ambitious business and their loan requirement was very much in line with our key objective; which is to support viable local businesses and help new ones get started.
“We wish them every success for the future and if anyone is looking to start up or grow a business and would like some help, then we’d welcome their call on 02476 551777”.