In a social media post, the brewery alluded to financial struggles as the reason for closing, saying there were 'too many obstacles to overcome.'

Akron is losing a craft brewery for the third time in less than a year. Downtown-based Akronym Brewing announced its plans to close its doors on Oct. 19.

Akronym Brewing announced Wednesday that it is closing this month. The brewery thanked its staff and customers in a Facebook posting that said in part: “Although it was our intention to consolidate operations and reestablish ourselves by focusing on distribution,

Akronym Brewing, known for their award-winning craft beers, will soon cease operations at its downtown Akron location, according to a Facebook post.