Simon Thorpe, the guy at least partially responsible for convincing Boulevard Brewing founder John McDonald and Firestone Walker co-founder David Walker to sell their businesses to Duvel Moortgat, is on his way out. I’m not sure if Simon is sitting at home right now polishing up his resume. But, much like the NBA’s Kevin Durant lottery earlier this summer, a big-time free agent creates plenty of interest in realm of Hot Stove speculation. So here’s my list of the top six franchises that might want to consider adding this big-time leader to their lineup, and why.
Simon Thorpe, the president of Duvel Moortgat USA, has resigned and will be replaced by Jeff Krum, who currently serves as Boulevard Brewing’s vice president of corporate affairs. Thorpe, who has served as the president and CEO of Duvel USA since 2009, will continue in an advisory capacity through the end of August, the company said.
It’s been more than four years since San Diego’s Green Flash Brewing first announced its intent to build a secondary brewing facility on the East Coast and the company has finally set an official grand opening date. Green Flash today said it would open its 58,000 sq. ft. brewery in Virginia Beach, Va. on Nov. 13, marking the occasion with a series of events, the company said via a press release today.
John Cochran, who last month sold Terrapin Beer Company to MillerCoors, is diving headfirst back into the beer business with a new craft brewery venture in Asheville, North Carolina. Using proceeds from the sale of Terrapin, Cochran said he has purchased the assets of Altamont Brewing and will rebrand the company as UpCountry Brewing.
In this week’s Last Call: Milwaukee Brewing has announced plans to significantly expand its operations in Brew City, inking a lease agreement for 58,000 sq. ft. of space on the site of the original Pabst brewery; BrewDog reportedly plans to spend about half of the $50 million it is currently trying to crowdfund to build out a number of BrewDog-branded bars in the U.S., according to a report from restaurant briefing service Propel Info.
Remember way back in 2011 when Stone Brewing said it was planning to build a hotel on the property adjacent to its California brewery? Well today, the San Diego-area craft beer company said it has entered into a licensing agreement with Untitled Hospitality to develop 13 acres of land next to Stone’s Escondido brewing facility.
MillerCoors is hotter than a pistol: The country’s second largest beer company continued its summer-long burst of acquisition by purchasing its third craft brewery in three weeks, today announcing that Texas’ Revolver Brewing would join its Tenth and Blake craft and import division. The acquisition of Revolver comes just weeks after it announced agreements to purchase Oregon’s Hop Valley on July 29 and Georgia’s Terrapin Beer Company on July 20.
In this week’s edition of press clips: Sierra Nevada Brewing Company agrees to a 10-year partnership with the Sacramento Kings; Scottish craft beer maker BrewDog raises $1 million from more than 1,200 investors in just three days; the St. Louis Brewery moves forward with its efforts to trademark the name “Schlafly” for use in beer and Boston Beer Company launches a national television and radio ad campaign for its newest product line — Truly Spiked & Sparkling.
Here’s one way to strengthen your local market presence: help to build, design and name a bar at the new football stadium being constructed just two miles away from your brewery. That’s what Fort Collins, Colo.-based New Belgium is doing, anyways. The company yesterday announced plans to donate $4.3 million to Colorado State University’s $220 million on-campus stadium project, about half of which will go toward the construction of a “hospitality area” located behind the north end zone.
Craft Brew Alliance has officially opened its new Widmer Brothers innovation brewery, relocating the small-batch operation from a cramped corner of Portland’s Moda Center to the company’s primary brewing facility about one mile away. First announced last April, the new innovation brewery will enable CBA to conduct research and development, experiment with emerging styles and give Widmer brewers a chance to collaborate with other food and beverage industry entrepreneurs.
Sweetwater Brewing today announced plans to broaden its reach in Texas, expanding distribution to the Dallas-Fort Worth and Austin areas via Ben E. Keith Company; Fast-growing Rhinegeist Brewery will formally launch in the Cleveland market this week, inking an agreement with House of La Rose Inc., according to a Cleveland.com report.
With construction already underway at its 100,000 sq. ft. Ohio production facility, Scottish craft brewery BrewDog yesterday announced the formal launch of an ambitious $50 million crowdfunding campaign to help finance the company’s first U.S. brewery expansion. Called Equity for Punks, the newly launched campaign invites U.S. investors to purchase shares of BrewDog USA at $47.50 each; BrewDog is requiring investors to purchase a minimum of two shares.
Here’s a full stein of reality, courtesy of Craft Brew Alliance’s chief executive, Andy Thomas. “If we become irrelevant to consumers, we’re all doomed,” he told a crowd of 250 beer business executives and entrepreneurs who attended the June 9 Brewbound Session conference in Brooklyn.
Sierra Nevada Brewing yesterday named Jeff White as the company’s first chief operating officer. White, who began with the Chico, Calif.-based craft brewery in 2013, serving first as its systems integration director, will bring more than 30 years of brewing industry experience to the newly created COO position.