Standard Kegs & Equipment | Application Preview
Standard Kegs & Equipment is seeking government grants to support their initiative to produce beer kegs in the United States, aiming to create 50 to 75 jobs over the next three years.
The business has outlined a four-phase plan to achieve this goal:
1. Phase 1 involves producing beer kegs domestically, which will generate 50 jobs and establish the company as the only American-owned keg manufacturer.
2. In Phase 2, they plan to onshore machinery to enhance control over production.
3. Phase 3 focuses on building all beverage equipment and keg washers domestically, with an aim to create an additional 150 skilled jobs.
4. Phase 4 looks to diversify into manufacturing stainless steel containers for the safe transport of hazardous materials, such as batteries for electric vehicles and caustic substances.
The rationale for funding approval includes their extensive experience in the beverage equipment industry, having operated for eight years and possessing a keen understanding of the U.S. market. They emphasize the significant potential to replace overseas competitors since many popular breweries currently rely on imported equipment.
Their main competitors are companies like Blefa, China Major Kegs, and Penglai Jinfu, but they plan to gain a competitive edge by producing locally, which will reduce logistics costs and increase the use of American labor and materials.
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General Information
Business Registration Number: 47-3144379
Location: Greenville, TX, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: $1M to $10M
Open to Loans: YES
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Funding Usage
We would like to onshore part of or product line by producing beer kegs domestically. Will help us create 50-75 jobs over 3 years.
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Business Plan
We have a 4 phase plan. Phase 1: produce beer kegs domestically, generate 50 jobs and have create the only American owned keg company Phase 2: Onshore out machinery control production Phase 3: Build all beverage equipment, keg washer and kegs domestically creating 150 skilled jobs in the process Phase 4: Produce other stainless steel containers for safe and eco-friendly transportation of hazardous materials i. e. Batteries for EV and strong acid/caustic We have been in the beverage equipment industry for 8 years and have deep understanding on the demand in the US market. While breweries such as Sam Adams and Yuengling are essential part of the American story, their kegs and equipment are largely made overseas in China and Spain. It is our mission to make quality and competitive products to replace our overseas competitors and create more skilled industrial jobs in the process.
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Self Identified Competition
Blefa China Major Kegs Penglai Jinfu We will be producing domestically, lowering logistics cost using America labor and material.
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Contact Applicant
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