With 10 craft beer breweries in the Springfield market, Tie & Timber Beer Co. LLC co-founder Curtis Marshall said there's still room before saturation occurs.
The Rountree neighborhood entrepreneur discussed the industry this morning during Springfield Business Journal's 12 People You Need to Know interview series, which was livestreamed on Facebook.
Marshall said local breweries generally help one another, as craft beer customers tend to hop from one business to another.
"We personally have not seen negative effects with other breweries coming into the market," said Marshall, who opened Tie & Timber in 2018 with Jennifer Leonard.
Tie & Timber's biggest brewery competitor, he said, is Hold Fast Brewing, citing its indoor/outdoor atmosphere and nearby location downtown at 235 N. Kimbrough Ave.
Marshall said while each brewery in town has its own customer base, he sees room for continued collaboration.
"I'm just amazed by how many customers that they have that we don't have," he said of Hold Fast. "There's opportunity to help share our customers."
He cited previous collaboration projects among local breweries, such as the 2018 initiative through which Tie & Timber and others worked together to raise $15,000 for California wildfire victims.
"It's allowed us to do quite a few positive things in the community that we otherwise wouldn't have done," Marshall said of the city's brewery growth.
In suggesting other businesses would be welcomed into the market, Marshall cited Statista data showing Missouri is the 29th largest state in craft beer breweries per capita. The report indicates Missouri has 3.1 breweries per 100,000 adults aged 21 years and older, which Marshall says leaves room for growth.
Marshall said, for instance, no Springfield brewery business currently exists south of Sunshine Street and west of Glenstone Avenue.
Fresh off of opening a beer garden earlier this year, Tie & Timber has other expansions coming soon, Marshall said.
Tie & Timber next month is expected to start covering its patio with a permanent roof and add canvas walls, he said, noting the project would expand its taproom space to around 2,400 square feet from 1,500 square feet.
Marshall said there's also a "50/50 shot" that Tie & Timber in January would start the development of the second building on the property, which currently is used for offices and storage.
The adjacent building, he said, would have a small bar and "spillover space" for the brewery.
Read profiles of this year's honorees.
Aaron York, general superintendent of Donco 3 Construction, describes what he sees in the construction job market in Springfield in 2021. Rachel York is the co-owner of Donco3 Construction.
Jim Meinsen gives his advice for finding new clients as the owner of a new or existing business. Jim and Debbie Meinsen own TCI Graphics, and recently celebrated 50 years in business.
Jeramey and Julia Henson discuss the reason they and HM Dentworks co-owner Chris McWhirter started the HM Dentworks Academy. With the job demands of their field taking them across the country, all three felt that they needed a plan for the future.
Caleb Scott, owner and coach of the Queen City Insane Asylum, says the name for the team was chosen lightheartedly. He said the name also catches people's attention.
Barak Hill gives advice based on what he learned from the COVID-19 pandemic and how it affected his business. He says we should all have a backup plan ready to use.
Sandy Higgins, owner of the Crackerjack Shack, recommends the book "The E-Myth Mastery" by Michael E Gerber. She says it changed the course of how she runs her business.
Aaron York describes the work culture he tries to foster at Donco3 and why he attributes to it a part of Donco3's success. Rachel York is a co-owner of Donco3 and Aaron is the General Superintendent.
Hollie Elliott, executive director of the Dallas County Economic Development Group, explains how local schools factor into business decisions and affect a local community.
Rachel Barks, owner of Artistree Pottery, says an important lesson she learned was not to over-expand and to do her research before hand. She gives examples from her experience as a startup business owner.
Jim and Debbie Meinsen own TCI Graphics, and are now celebrating 50 years of business. Jim Meinsen takes some time to explain his philosophy on debt, and how to stay out of it.