Fordham & Dominion Brewing Company

From 1996 to 2006, Old Dominion hosted an annual beer festival that showcased small brewers from around the region, as well as some breweries from around the US and Europe. The festival featured more than 50 breweries and live music. The three-day event was held each year on the last full weekend of June; management and organization of the festival was given over to Vintage 50, which now hosts the event twice a year, in June and October.

Old Dominion has been fertile ground for producing high quality brewers, such as: John Mallet at Bell's Brewery, Ron Barchet at Victory Brewing Company, Matthew Hagerman at Lost Rhino Brewing Company, Favio Garcia at Lost Rhino Brewing and Dynasty Brewing, and Kenny Allen at True Respite Brewing Company.

Bailey put Old Dominion up for sale in the mid-2000s. No serious offers to purchase the company were made until 2007, when Fordham Brewing of Annapolis, Maryland offered to purchase the company, financed in part by Anheuser-Busch (AB) for a minority stake in the two breweries, to form Coastal Brewing Company. The majority of Coastal is owned by Fordham Brewing Company, owned by Bill Muhlhauser (owner of both Fordham and the Ram's Head Taverns of Maryland) and other partners. Anheuser-Busch's purchase stake gave them no control of either of the two breweries, nor any input or influence on brewery recipes, nor oversight of any day-to-day management. The brewery also owns its own distribution rights.

Old Dominion also operated a brewpub at the Ashburn brewery, which was closed in August 2008. In the year prior to the acquisition by Anheuser Busch/Fordham, the Brewpub had posted record sales of $2.1 million and had seen positive growth for more than a decade. Due to declining quality and a disillusioned customer base that largely abandoned their beloved once-local brewery, AB/Fordham was forced to cease operations of the Brewpub after 13 years of operation and profitability.

Immediately after the sale, the brewers at Old Dominion worked with the brewers at Fordham for several months to ensure a consistent recipe transition. After the breweries combined operations, Coastal Brewing increased its focus on Old Dominion's core/popular brands. Their most popular series is their newest Pinup Series. Candi, their Belgian Tripel won Gold in the 2014 World Beer Cup. Also noted for the Double D Double IPA. Contrary to some accounts, AB-InBev had no input or influence on these decisions; they were solely based on economic concerns over the contract brands failing to meet sales expectations.

In May 2009 all brewing operations, combined with those of Fordham Brewing, were moved to a new facility in Dover, Delaware. The current core brands of the brewery continue to sell briskly in both the on-site and packaging ends, and can be found as the "house" brews at many locations throughout the DC Metro area, including the Great American Restaurant chain (except for the Sweetwater Tavern in Centreville, Virginia), Capital One Arena, and Nationals Park. Old Dominion continues to host various brew sampling and cask events throughout the DC-MD-VA-DE-NJ-PA metropolitan area, maintaining their status as a Mid-Atlantic regional brewer, and their Oak Barrel Stout and Pinup Series brands remain popular sellers in the packaging end of the line, available at several retail and grocery chains, bars and retailers in their regions.

As of January 2011, Jim Lutz (former VP of sales and marketing at Flying Dog Brewery of Frederick, MD), took over as the new President and CEO of Coastal Brewing.

• Fordham & Old Dominion Brewing Company