Officials from the United States Department of Justice are investigating Anheuser-Busch InBev over a controversial incentive plan aimed at rewarding beer wholesalers who focus on selling products from the world’s largest beer maker, according to the Reuters news agency. At the crux of the DOJ probe are anticompetitive concerns over A-B InBev’s Voluntary Anheuser-Busch Incentive For Performance (VAIP) program.
Ballast Point today confirmed plans to purchase a massive 259,000 sq. ft. building in Botetourt County, Virginia, where it will build its first East Coast production facility. According to a press release from the office of Virginia Gov. Terry McAuliffe, the company plans to spend $48 million to build the new outpost.
Summit Brewing today announced it has hired former J.J. Taylor Minnesota president Mike Bamonti as its new chief sales officer. Prior to joining Summit, Bamonti served as J.J. Taylor’s general manager for 12 years and helped oversee that company’s acquisitions of Day Distributing Co. in 2015 and Chisago Lakes Distributing in 2012.
Another West Coast brewery is set to break ground in Virginia. The mid-Atlantic state has become an in-vogue region for fast-growing craft breweries, with Deschutes, Stone and Green Flash all turning to Virginia to open their East Coast manufacturing arms. And Gov. Terry McAuliffe announced last week that another is on the way. Visiting Boston on an economic development mission, he toasted New England companies and made it clear that an announcement naming the brewery is in the offing.
Ohio Lawmakers Vote to Eliminate ABV Limits on Beer; Dutch Brewer Bavaria to Acquire Belgium’s Palm Brewery; Double Mountain to Open New PDX Taproom; Saltwater Brewery Introduces Edible 6-Pack Rings
During a state of the industry address earlier this month at the Craft Brewers Conference in Philadelphia, Brewers Association director Paul Gatza said something that should have caused every brewery owner in the room to pause. “A rising tide does not float all boats anymore,” he said. So what’s keeping craft brewers up at night as they look out at volatile and rapidly evolving craft beer landscape? Watch the video above to hear what was on the mind of some CBC attendees.
Stone Brewing Co. today announced plans to expand its taproom footprint in California, adding a 10,000 sq. ft. pilot brewery and tasting room in downtown Napa. The company plans to install a 10-barrel pilot brew system, which will be used to produce unique small-batch creations and will complement the company’s core beer lineup.
Less than two months after Boston Beer introduced its Truly Spiked & Sparkling line of hard seltzers in select markets, the company this week announced plans to expand distribution nationwide. Truly, a 5 percent ABV, 100-calorie sparkling water made from fermented cane sugar, comes in three flavors and will hit national retail shelves in June.
Two small Asheville, N.C.-based beer companies are tying up as the Thirsty Monk Pub and Brewery chain, which produces its own batches of beer and pours those from other U.S. outfits, today announced it would acquire neighboring French Broad Brewery. In a press release, Thirsty Monk owner and president Barry Bialik said the company planned to “grow the French Broad Brewery brand” and incorporate its beers into Thirsty Monk’s locations.
In an effort to preserve its independence and help combat what Beau’s All Natural Brewing Company co-founder Steve Beauchesne believes will be the inevitable consolidation of small Canadian craft breweries, the Ontario-based beer company today announced plans to establish an employee stock ownership plan. Under the terms of the agreement, Beau’s, the largest producer of organic beer in Canada, said it plans to sell approximately 4 percent of the company’s class B common shares to its 150 employees for purchase at fair market value.
The 2016 Brewbound Session Brooklyn is about three weeks away, and we are excited to announce the day’s scheduled agenda, featuring more than 20 craft beer industry founders, executives and experts who will take the stage on June 9.
Ahoy! Brooklyn Brewery will move its Williamsburg headquarters and build a 50,000 barrel brewery at the Brooklyn Navy Yard by 2018. The company yesterday announced plans to open a new brewery, corporate offices and rooftop beer garden overlooking the waterfront within the Navy Yard’s newly-renovated Building 77.
Fresh off an importer transition in the United States and the acquisition of fellow Scottish craft beer maker Inveralmond Brewing, Innis & Gunn is preparing to expand its global presence. Best known for its oak-infused line of beers, Innis & Gunn is one of the few globally distributed craft brands with a deliberate focus on growing sales in international markets. Although it is the second largest craft supplier in the U.K., behind BrewDog, approximately 65 percent of Innis & Gunn’s sales come from more than 20 countries where it sells beer.
Rhode Island will soon become the 45th state added to New Belgium Brewing’s national footprint. Less than a week after announcing plans to begin selling beer in Connecticut this June, the nation’s fourth largest craft brewery today announced it had signed a wholesale agreement to simultaneously launch throughout neighboring Rhode Island via C&C Distributors this summer.