Bahamian Brewery suffered $8M-$10M in damage from Dorian
Bahamian Brewery and Beverage Company could be back up and running on Grand Bahama in another six to eight months, after suffering $8 million to $10 million in damage from Hurricane Dorian, its general manager for Nassau and the Family Islands, Garry Sands, said yesterday.
Sands said the brewery sustained major water damage as storm surge impacted the entire operation, destroyingequipment.
“Eighty percent of all finished goods were completely damaged and pretty much all the machinery and equipment,” said Sands.
“All the electrical, the pumps, all the machinery is all destroyed, as we could not get fresh water to them in time.”
He added that the company has almost finished clearing out its bad inventory and will now have to clean and sterilize.
According to Sands, 50 percent of its revenue came from the brewery operations. Meanwhile, the retail store connected to the brewery is still one month from fully reopening.
For now, he explained, the company will have to focus on the sale of its other products and brands until the brewery is back up and running in the second quarter of 2020. He said the same focus on retail will occur on Abaco.
The Grand Bahama Port Authority (GBPA) said in a statement released yesterday that it is set to assist its licensees through relief assistance programs.
GBPA Chief Financial Officer and Licensing Chairman Deann Seymour said GBPA is ready to help its businesses assess their needs.
“We recognize that many of our licensees face the daunting task of rebuilding,” she said.
“Our commitment is to provide the necessary support for their recovery that will translate into our island’s economic sustainability and demonstrate Grand Bahama’s resilient spirit.”