SALT LAKE CITY (KUTV) — The price of aluminum beer cans will begin to increase as prices continue to rise across the country.
An extra 3 cents per can might not seem like a lot, but when you’re buying 1.5 million cans of beer a year, it adds up.
“Nothing we can do about it, we can complain, moan and groan about it,” said Trent Fargher, the COO and CFO at Shades Brewing in Salt Lake.
Last year Fargher was paying 9 cents a can.
In order for Shades to buy the same cans with labels they would need to order 1 million units for every flavor they sell.
“The people that actually roll the flat aluminum to be able to make the can, the cups for the cans, have been increasing their price,” Fargher said.
Shades can put their own labels on cans, some are shrink-wrapped and some are stickers, which is a little cheaper.
But now Shades is considering other ways to save costs because the price he can sell beer in the store, which is most of his revenue, is fixed and they are eating this new cost.
“You take it out of our pocket, the employees suffer because of it, the company suffers because of it and you know we take less home,” Fargher said.
But it’s not just beer makers, any businesses that deals with aluminum, especially aluminum cans in lower quantities will feel the pinch.
“Anybody’s who’s not a Coca Cola, or Monster Energy, or Budweiser or Miller Coors in the beer industry, they’re basically left in the dark trying to put something on the shelf that looks halfway decent,” Fargher said.
Fargher said the new price goes into effect April 1st.
Post time: Mar-17-2022