business briefs
Published 6:10 pm Tuesday, January 23, 2024
Deschutes Brewery has sold its 50-acre property in Roanoke, Virginia, where it had planned to locate a second brewing site.
The Bend-based brewery, ranked No. 11 craft brewer nationwide by volume, had put the plans on hold as far back as 2019, but hadn’t completed the sale until a few weeks ago.
The city of Roanoke announced on Jan. 12 that Amazon purchased the land from the brewery. The land was on Blue Hills Drive in an area slated for economic development. The brewery paid $3.2 million for the property and had opted to waive any tax incentives for the flexibility to develop.
Deschutes Brewery was not able to comment on the sale of the property, said Angie Anderson-May, Deschutes Brewery senior innovation and insights manager, in an email.
The initial plans called for construction of a $95 million facility employing 100 people on the site. Deschutes had planned to start brewing test batches in 2020 and begin shipping from the facility by 2021. But that was all canceled in 2019 because of changes in the craft brewing industry.
The brewery also had a tasting room that it closed in Roanoke in 2021, four years after it opened.
The Los Angeles Times plans to lay off 94 newsroom employees — one-fourth of its newsroom staff — starting Tuesday, a number that is substantial but less than feared, the head of the journalists union said.
The announcement comes after the LA Times Guild walked off the job last Friday to protest the imminent layoffs, the first newsroom union work stoppage in the newspaper’s 143-year history.
Matt Pearce, president of the Media Guild of the West, which encompasses the Times’ union, called it a “dark day.” He said the layoffs represent one-fourth of the Times Guild’s entire membership.
He said some of those selected for layoffs by management may be eligible for buyouts under the union contract.
Layoffs and buyouts have hit a wide swath of the news industry over the past year. The Washington Post, NPR, CNN and Vox Media are among the many companies hit.
An estimated 2,681 news industry jobs were lost through the end of November, according to the employment firm of Challenger, Gray and Christmas. That was more than the full years of 2022 and 2021.
The latest round of job cutting at the LA Times comes after more than 70 positions — about 13% of the newsroom — were slashed last June.
Dr. Patrick Soon-Shiong, a biotech billionaire, acquired the Times in 2018, returning it to local ownership two decades after it was sold to Tribune Co. The purchase raised hopes after years of cutbacks, circulation declines and leadership changes.