Stone Brewing Case Study

Decent Essays
When seeking financing, there is not an ethical limit to how aggressively a business should pursue public money to fund an expansion, however. The actions taken might cause quite the controversy. Based on the case study Richmond, Virginia made a deal with Stone Brewing to spend $8 million building the company a new restaurant and will fund the construction of the distribution center and brewery with $23 million in bonds backed by the city of Richmond. In addition, Stone Brewing will be receiving roughly $7 million in grants from the city and state of Virginia. Packages such as these cause controversy due to the fact that other companies feel as if they are becoming a high competitor in an already competitive market. “ Funding packages like

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