Japanese-owned beverage giant Lion has announced a plan to close its James Boag’s Brewery in Launceston, Tasmania in November 2026.
The move would cut 42 jobs and end 145 years of brewing on the historic site.
Historic James Boag’s Brewery to Close After 145 Years
Beverage giant Lion cited the ’significant cost inflation' along with the long-term decline in the national beer market as reasons for the decision.
James Boag's Beer on display at the Sydney International Beer Festival in Sydney, Australia, on June 10, 2007. Sergio Dionisio/Getty Images
