Harpoon's cofounder, Rich Doyle, along with other key investors, sold most of their shares in Harpoon and transferred them into an Employee Stock Ownership Plan. In July 2014, while then the twelfth-largest craft brewery in the United States, the company became employee-owned via the creation of the Harpoon Employee Stock Ownership Plan. Harpoon purchased the former Catamount Brewery plant in Windsor, Vermont, in 2000, expanding its brewing operations beyond Massachusetts. In 2002, Harpoon launched the Harpoon Point-to-Point, a cycling race that raises money for the Vermont Foodbank. The race has reportedly raised more than $2.2 million for ALS research via The Angel Fund. In 2001, Harpoon started a five-mile road race known as the Harpoon 5-Miler.
Patrick's Day festival in early March and Harpoonfest in May. Recent Harpoon Octoberfests have drawn more than 15,000 attendees. In 1990, Harpoon threw the first Harpoon Octoberfest, which drew 2,000 people. Locally, Harpoon is known for annual festivals that they hold at the brewery. Harpoon IPA quickly became a staple of the American India pale ale style and was found on tap at bars and restaurants in Greater Boston. The beer was originally designed by Head Brewer (at the time) Tod Mott, in 1992 and first sold as a summer seasonal in 1993 and quickly became the brewery's flagship beer. Harpoon was the first brewery in New England to brew an India Pale Ale. Harpoon originally struggled to break even the company reportedly first made a profit in 1992. The brewery was the first company to obtain a permit to manufacture and sell alcohol in the Commonwealth of Massachusetts in more than 15 years, and as a result laid claim to Massachusetts Brewing permit #001. Bay Brewing Company, Inc., was originally founded in 1986.
Harpoon Brewery is an employee owned American brewery, with locations in Boston, Massachusetts, and Windsor, Vermont.
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