Eventually, 300,000 barrels of various products could be bottled at the facility.

According to Brewbound.com, Shipyard Brewing founder Fred Forsley has teamed with Valencia Realty Capital and State Street Realty Advisors on a proposed $36 million contract brewing and co-packing facility in Hooksett, New Hampshire. The bulk of the company’s beer is now being produced across several locations in Maine, Vermont, Florida and New York.

Before fans of Shipyard get ahead of themselves, it is not known if Shipyard’s beer products will be brewed at the facility. However, Forsley said the new plant would produce some of his distilled products, such as Fred’s Whiskey and Ice Pik Vodka, along with his non-alcoholic brand, Capt’n Eli’s Soda.

It could be an even bigger deal for the local economy. While brewing and bottling are the immediate plans, the area might also include an events center, a four-story hotel, a winery and several restaurants.

Shipyard is also looking into opening a brewpub in Dover, NH.