Pabst Brewing, the world’s largest American owned beer producer, has announced that it will open a new brewery in Milwaukee, Wisconsin on the site of the original Pabst Brewery, which was closed in 1966. Consisting of an investment of roughly $3 million to $5 million, the brewery will serve as Pabst’s hub for innovation and new product ideas and will brew “pre-prohibition” brands such as Old Tankard Ale, Kloster Beer, …