Presenting to a group of eccentric innovators and entrepreneurs who gathered in Carmel, Calif. for the “e.g” conference, Stone Brewing co-founder Greg Koch today revealed plans to launch a new $100 million fund for investing in “real” food and beverage companies. Beginning with an industry he knows well, craft beer, Koch said he’s secured $100 million from a group of “independent investors,” that will be used to acquire “minority, non-controlling” stakes in craft breweries.
Craft beer industry news.
Russian River’s Pliny the Younger Brings $5 Million to Sonoma County; Bloomberg Columnist: Should SAM Sell to STZ?; Ohio Bill Could Raise ABV Limit to 15 Percent; The Chronicles of MegaBrew; Lagunitas Begins Construction on Giant LA Campus
Retailers in California will be soon be required to inform customers of potential exposure to Bisphenol A (BPA), a structural component in many food and beverage packages that has been said to increase the risk of cancer and interfere with normal reproduction. Beginning May 11, companies that manufacture, import or distribute food and beverage products in California will be required to provide a warning about exposure to BPA, which last year was added to the state’s Proposition 65 list of chemicals known to cause cancer, birth defects or other reproductive harm.
COLCHESTER, Vt. and NEW YORK — When VIP first acquired Nielsen’s Beverage Data Network assets last year, both parties indicated their intent to embark on a long-term business relationship to collaboratively deliver best-in-class data collection, reporting and analytic services with end-to-end coverage across all tiers of beverage alcohol distribution. In support of this commitment, Nielsen… Read more »
Saint Arnold Brewing Co. (www.saintarnold.com), the oldest craft brewery in Texas, is shipping its latest creation: Saint Arnold Icon Green – 7220 Pale Ale. The brew, described as an American/German pale ale hybrid, features an experimental hop from the Hop Research Center in Huell, Germany, that until a few weeks ago was known only as Hop No. 2010/72/20. The researchers have since named it, “Ariana.”
Lake Effect Brewing Company announces the launch of its Inland Seas Series, a collection of eight new beers, inspired by the characteristics and mood and including some feature ingredients from each of the Great Lakes and their surrounding regions.
The Harpoon Brewery is putting a tropical twist on the New England summer. Introducing Harpoon Hibiscus Cider, Harpoon’s new summer seasonal cider brewed with hibiscus flowers. This all natural cider is brewed to make the most of every summer gathering – rooftop parties, backyard barbecues, beach days, bonfire nights, and every summer celebration in between.
Louis Glunz Beer, Inc., Chicago’s premier craft and specialty import beer distributor, announces the addition of Maplewood Brewery & Distillery to its craft beer catalog. Glunz took over the distribution of the brewery based in Chicago’s Logan Square neighborhood in mid-April. Maplewood beers are all currently available in kegs, with some options also available in 22-ounce bombers.
The heat of summer will be here in no time and New Belgium is ready for refreshment with its latest seasonal Heavy Melon. This super crisp and refreshing American-Style Fruit beer is brewed with juicy watermelon and zesty lime peel. Ripened fruit aromas of melon, papaya and citrus offer an invigorating wash of fruity sweetness, grassy bitterness and the slightest touch of tartness.
Cascade Brewing, which has been rapidly expanding into markets across the nation, has announced distribution deals in more than a dozen new markets. The producer of award-winning Northwest sour ales has begun shipping its 750 ml bottled products to Alabama; Connecticut; Delaware, Maryland, Virginia, Washington D.C. and West Virginia; Indiana and Ohio; Maine; Michigan; Minnesota; South Carolina; Tennessee; Upstate New York; and Wisconsin.
Breckenridge Brewery is throwing a free concert at the Bluebird Theater in Denver to celebrate the availability of Nitro Vanilla Porter in 16-oz cans. The release party on May 11th toasts the start of an exciting new nitrogen-charged canned beer series. This free show is open to the public (21+) on a first-come basis with doors opening at 7:00 p.m. until capacity is reached.
Odell Brewing releases its first seasonal can offering – St. Lupulin Extra Pale Ale. The brewery’s new state-of-the-art canning line fills about 310 cans per minute. “We are thrilled that one of our most anticipated seasonal offerings and brewery favorite is now available in cans,” said Eric Smith, CSMO. “The opportunity to include St. Lupulin with so many more summer activities than in the past is a welcomed addition to our roll out of cans.”
Cascade Brewing is releasing a limited series of Vertical Reserve Box Sets. Each release will feature 100 four-packs that will contain bottles of a single brand from each of the past four years’ releases: 2012, 2013, 2014 and 2015. Each box set will retail for $100.
Brewers John and Ben Saller of Atlas Brewing Company announce a rebrand of their brewery to a new concept, Burnt City Brewing, opening in Chicago this May. Burnt City Brewing offers nuanced craft beer for Chicago and beyond, honoring a commitment to creating inventive beers with an emphasis on quality ingredients. Burnt City Brewing comprises a brewpub (2747 N. Lincoln Ave.), which offers a dozen rotating beers on tap and eight intimate bowling lanes for a distinctive craft beer experience in Lincoln Park, and a canning facility (825 E. 99th St.) located in the former Jays potato chip plant in the Pullman neighborhood, which begins distributing the new canned lineup in May.