One of the Largest Hop Farms in the Nation is Going Up For Sale in Michigan
That's a whole lotta farm!
Michigan's largest grower and processor of hops is hitting the market, according to Crain's Grand Rapids.
MI Local Hops is located in Williamsburg, not far from Traverse City, in Acme Township
Included in the sale:
- 220 acre farm
- 300,000 processing facility
- 15,000 square foot pelletizing room
Formed in 2015, MI Local Hops executed its seventh harvest on September 17, 2022. They sell to breweries and other businesses all over the world, including Canada, South Korea, Japan, Taiwan, Brazil, India, and New Zealand.
According to Crain's Grand Rapids, MI Local Hops controls nearly half the hops acreage in the state.
Michigan brews using MI Local hops include:
- Founders Brewing Co.
- Bell's Brewery.
- Shorts Brewing Co.
- Workshop Brewing Company
- The Filling Station
- Right Brain Brewing
- Lake Charlevoix Brewing Co.
- Stone Hound Brewing Co.
- Monkey Fist Brewing
Hop varieties grown and processed at the farm include:
- Michigan Chinook
- Michigan Copper
- Triple Pearl
One of the owners, Mark Johnson, acknowledges the difficulties in the industry the past few years due to oversupply and the pandemic. He tells Crain's,
When there are shortages, prices go up. When prices go up, farmers plant more and prices go down. We made a big investment anticipating high profits for a while to pay off the investment, and that didn’t happen.
While the hope had been to find a buyer for MI Local Hops within the state, owners will be listing the business outside of Michigan next month.
Once a listing and price are posted we'll share here.