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Waikato Business News December 2017/January 2018

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

Waikato Business News December 2017/January

DECEMBER 2017/JANUARY 2018 VOLUME 26: ISSUE 1 WWW.WBN.CO.NZ FACEBOOK.COM/WAIKATOBUSINESSNEWS Good George A great Waikato growth story Good George chief executive Race Louden at the brewery's headquarters in Somerset St, Hamilton. (Photo: Chris Hillock Photographer). Waikato Inc. sweetheart Good George has good reason to raise a glass with a thirsty kick-off to summer and year-on-year sales growth nudging 50 percent. By ANDREA FOX Actually, it has 1.2 million reasons. The privately-owned, independent Frankton brewer of handcrafted beers and ciders is aiming for a production milestone of 1.2 million litres of beverages by the end of its March financial year. To put the achievement in context, the Good George brewing enterprise, owned by Somerset Brewing Company, started out in 2011 making 20 kegs or 1000 litres of craft beer a week simply to supply the new Good George Dining Hall and Brewpub in the former rundown St George’s church in the industrial heart of Frankton. To put it further in context, says chief executive Race Louden, that 1.2 million litres will have been rolled out from the same little site on which it all began - St George’s backyard. As for the latest yearon-year sales growth (last year it was 60 percent) that’s for brewing sales only, he says. It doesn’t include the expanding restaurant and brewpub side of the business, which is “going gangbusters”, though he won’t discuss any revenues. The company has six hos- Continued on page 6 QUIET TIPPLE New business educates on wine P4 What is Bitcoin? The digital currency everyone is talking about P17 The new home of Duncan & Ebbett Hamilton NOW OPEN Cnr Maahanga Drive & Te Kowhai Road, near The Base, Hamilton Phone 07 838 1211 Phone 07 847 2792 J5211A

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