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Manhattan not expecting to see return on Tallgrass eco-devo investments

Manhattan Deputy City Manager Jason Hilgers expects the city won’t see any more return on $317,000 of investments it made in the Tallgrass Brewing Company. He presented the annual economic development report at the city commission work session Tuesday. Tallgrass suspended operations last August after negotiations with new investors languished. Recapitalization efforts seem to have failed for the time being [...]

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Tallgrass Brewing operations suspended indefinitely

Tallgrass Brewing Company will indefinitely suspend operations at their production plant in the Manhattan Business Park after Friday, according to MHK Business News. The Manhattan-based company was undertaking an effort starting in 2017 to recapitalize and sell majority ownership to a private equity firm from the east coast. Negotiations over the deal dragged on and [...]

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