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Cigar City Enters Tennessee, Eyes Further Expansion

Cigar City Enters Tennessee, Eyes Further Expansion

Florida-based Cigar City Brewing will expand its distribution footprint for the first time in four years when it enters Tennessee next week, the company announced Thursday. The entry marks the beginning of an ambitious expansion plan for Cigar City that will include forays into North Carolina, South Carolina, New Jersey, Colorado and Utah, chief operating officer Justin Clark told Brewbound.

Forbidden Root and Fernet-Branca Collaborate on Rare Amaro-Flavored Ale

Forbidden Root and Fernet-Branca Collaborate on Rare Amaro-Flavored Ale

Chicago’s Forbidden Root Brewery has partnered with historic Italian amaro producer Fernet-Branca to create a new spirit-inspired imperial black ale, appropriately named Fernetic. The collaboratively brewed beer is set to debut on January 19 and only 50 cases of the limited-release offering will be available for purchase.

Ron Extract Talks New Brewery Project: Garden Path Fermentation

Ron Extract Talks New Brewery Project: Garden Path Fermentation

For two decades, Ron Extract helped others in the beer business execute their visions. As an early member of the Jester King team, he helped shape the Austin, Texas-based farmhouse brewery into an award winning craft-beer darling synonymous with wild ales and spontaneous fermentation. But Extract, who was a managing member of Jester King’s LLC and co-owner, wanted to chase his own vision — one shared by his girlfriend of 13 years, Amber Watts. So Extract and Watts, who had helped manage Jester King’s tasting room and front office, decided to strike out on their own in June. Sparse details of the couple’s plans to open a brewery in rural Washington were shared in a farewell note on the Jester King website, but now the duo’s intentions are becoming clear. The pair announced this week their plans for Garden Path Fermentation, a farmhouse brewery, cidery, meadery and winery slated to open this year in Skagit Valley, Washington.

IRI: Craft Growth Slows to Single Digits in 2016

IRI: Craft Growth Slows to Single Digits in 2016

For the first time in more than a decade the craft beer category failed to grow double-digits, according to new data from market research firm IRI Worldwide. In its latest report, IRI noted that craft dollar sales at U.S. supermarkets grew just 6.9 percent in 2016, to more than $2.28 billion, while volume sales grew at an even slower 4 percent clip.

Mobile Canner Iron Heart Acquires North Carolina-based Land of the Sky

Mobile Canner Iron Heart Acquires North Carolina-based Land of the Sky

Iron Heart Canning Co. is once again expanding its budding aluminum empire. The New Hampshire-based mobile canning company today announced the acquisition of Asheville, North Carolina’s Land of the Sky Mobile Canning. Financial terms of the deal were not disclosed.

Anheuser-Busch InBev and Keurig Green Mountain to Form Joint Venture

Anheuser-Busch InBev and Keurig Green Mountain to Form Joint Venture

Anheuser-Busch InBev and Keurig Green Mountain have signed an agreement to enter into a research and development-driven joint venture that will be tasked with inventing an in-home alcohol drink system, the two companies announced today. Specific financial terms of the transaction, including ownership percentages, were not disclosed and the deal is expected to close during the first quarter.

Christine Perich Gives Up Beer, Joins WTRMLN WTR

Christine Perich Gives Up Beer, Joins WTRMLN WTR

Former New Belgium Brewing CEO Christine Perich has landed in the non-alcoholic beverage industry. After departing the Colorado-based craft beer company last October, Perich was today announced as the new chief executive officer of World Waters, maker of fast-growing high pressure processed juice brand WTRMLN WTR.

Constellation Third-Quarter Earnings Driven by Beer Sales Growth

Constellation Third-Quarter Earnings Driven by Beer Sales Growth

Constellation Brands’ run of double-digit revenue growth continued in the third quarter of fiscal 2017, with the company’s CEO, Rob Sands, crediting 16 percent growth across its beer brands as contributing to its overall 10 percent growth for the quarter.

Bonus Video Content from Brewbound Session is Now Available

Bonus Video Content from Brewbound Session is Now Available

To kick off 2017, we’ve released more than two hours of bonus footage from last month’s Brewbound Session, held at the Paradise Point Resort & Spa in San Diego, Calif. More than 200 beer industry professionals descended upon San Diego for the bi-annul business conference, but only those tuning in from behind their computer monitors were able to see interviews with notable industry figures such as Craft Brew Alliance CEO Andy Thomas, Storied Craft Breweries’ Adam Lambert and Nielsen’s Danny Brager.

TTB Eases Tax Requirements on Brewers, Cidermakers

TTB Eases Tax Requirements on Brewers, Cidermakers

The calendar flip to 2017 brought with it two important changes to the U.S. Internal Revenue Code that will impact a majority of the country’s brewers and cidermakers.