Top Venezuela beer maker halts production amid shortages


1 photo
Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

CARACAS, Venezuela (AP) — Venezuela's largest brewer said it shut down beer production Friday at the last of its four factories due to a shortage of imported supplies.

Cerveceria Polar, which announced the closing of its factory in Carabobo state in an email, had warned earlier that it had enough supplies only to continue production through the end of April.

Polar makes more than 70 percent of Venezuela's beer and is a unit of the country's biggest company, Empresas Polar. The company has fallen on hard times as low oil prices have led the government to tight-fist scarce dollars needed to import food and other products.

Venezuela's socialist government did not comment on the brewery shutdown. But in the past it has accused Polar's owner of trying to destabilize the country by exacerbating shortages.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Photos

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast