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| Profits: Gone with the Keg |
A recent AP story ("Tapped out: Brewers lose millions of dollars a year
in kegs sold for scrap "), points out the amount of money lost when
empty kegs are diverted and sold for scrap.
The beer industry's main trade group, the Beer Institute, noticed the
problem in the past few years as it saw more brewers reporting missing
kegs, resulting in an industry wide loss of up to $50 million a year,
said Jeff Becker, president of the Beer Institute.
Breweries have collectively lost about 300,000 kegs a year, Becker
said, out of an estimated 10.7 million in circulation. It costs
brewers as much as $150 to replace each keg, so the thefts have a big
impact.
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07-16-2007, 14:54:24 | Read more |
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