September 26: A Pittsburgh brewery that pioneered a host of innovations has been bought out of bankruptcy as the Iron City Brewing Company.
Last week the assets of the former Pittsburgh Brewing Company were officially transferred to a group of investors led by private equity firm Unified Growth Partners.
The move finalizes a protracted Chapter 11 bankruptcy that lasted two years.
The brewery, located in Pittsburgh’s Lawrenceville neighborhood has reverted to the original name the brewery was founded under in 1861.
During its 146-year history, the brewery introduced the first twist-off cap, the first snap top can, the first light beer and the first aluminum bottle.
