TILTON — A lot of questions remain about what will happen with the beer distributor Earl Gaudio & Son.
The business, which has filed bankruptcy, is in the process of being sold to Skeff Distributing Co., Inc., another Anheuser-Busch distributor out of Decatur.
John Skeffington, president and CEO, of Skeff Distributing Co., Inc., said discussions are ongoing and there was no purchase contract agreed upon yet.
There were no answers what might happen with the employees and the building at 1803 Georgetown Road.
Skeffington said he couldn’t yet discuss anything else.
Skeff’s annual volume is about 3.6 million cases of beer sold, and Skeff has expanded to include about 100 full-time employees.
It distributes Anheuser-Busch products to the Champaign, Decatur and Springfield areas. Its territory consists of: Macon, Menard, Piatt, Champaign, and portions of Logan, DeWitt, Sangamon, Moultrie, Douglas, Ford and Iroquois counties, according to the distributor’s website.
Phone calls to Earl Gaudio & Son officials for comment were not returned.
The sale of the business recently was approved through Vermilion County Circuit Court.
Questions concerning the business also remain with officials in the village of Tilton.
Tilton Mayor David Phillips said tax rebates have continued to go back to the business. The village entered into a five-year agreement for a portion of property taxes to go back to the business for constructing its new building on Georgetown Road.
The village also initially bought the property for the development.
The business had looked at a location off Lynch Road, but Danville officials didn’t want another curb cut directly off of Lynch and had offered frontage road access instead.
Gaudio, which has distributed to stores in Vermilion, Edgar, Clark and Iroquois counties, had been at another location on Georgetown Road in Tilton since 1980.
It previously occupied various locations in Danville. In 1990, the warehouse expanded when the Gaudio family acquired a beer wholesaler in Paris.