We touched on the tragedy of Dixie Brewing in a story about "craft" beer and what that name means, but there's a lot more to bringing back Dixie than just having it exist.
A New Orleans institution since 1907, Dixie survived prohibition but was laid low by Hurricane Katrina in 2005. The brewery was storm-damaged and stripped of its equipment by looters, and its fate is still in the air. But with a new Veteran Affairs hospital under construction around its Mid-City site, it doesn't look good for an old building that now exists primarily as a disturbing ruin for urban explorers.The craft beer industry group The Brewers Association recently knocked Dixie for using adjunct such as corn in its brew, taking the ever-so-brave step of hitting the brewery while it is down and saying it isn't craft. Maybe not, but the generous breweries that have been brewing it under contract certainly are. Minhas Craft Brewery in Monroe, Wis., took on the task of brewing its pale light lager and its Blackened Voodoo dark lager, but the beer is a bit harder to find than it was pre-Katrina. Kudos to Minhas and others for keeping Dixie afloat, but only when its kettles are boiling in New Orleans again and it returns to every store and bar that wants it will Dixie be "back."
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV