PORTLAND, Ore. (AP) — BridgePort Brewery, one of Oregon’s oldest craft breweries and a pioneer in the craft beer industry, will stop making its beers immediately and close its brew pub next month, it said on Facebook yesterday.

The Portland institution said sagging sales led it to restructure its operations in 2017 but a continued drop in sales and distribution is now forcing BridgePort to close for good.

Its flagship brew pub will remain open until March 10.

The hypercompetitive craft brewery industry in Oregon and throughout the Pacific Northwest is to blame, the company said.

BridgePort was one of four initial craft breweries incorporated in Oregon in 1984.