Craft Beer News, Events & Jobs

Latest News

CBA Sales Grow 12 Percent in 2014

CBA Sales Grow 12 Percent in 2014

Craft Brew Alliance shared additional details about its fourth quarter and full year 2014 earnings this morning, highlighting record sales, core brand growth and bottom line improvements during a call with investors. On the year, CBA increased net sales 12 percent against 2013 numbers, exceeding the $200 million mark in the process, both record figures in the company’s history. Gross Profits rose 17 percent while operating income increased 50 percent, to $5.7 million.

Full Sail Brewing Acquisition Expected This Month

Full Sail Brewing Acquisition Expected This Month

The future ownership structure of Full Sail Brewing, an employee owned beer company based in Hood River, Ore., could be known as early as Friday afternoon. Last week, Full Sail CEO Irene Firmat and executive brewmaster Jamie Emmerson told The Oregonian that 78 current and former employee-owners would vote on a possible sale to Encore Consumer Capital, a San Francisco-based private equity firm.

Press Clips: Stone Brewing Richmond Moves Forward

Press Clips: Stone Brewing Richmond Moves Forward

The Richmond City Council unanimously approved a deal Monday to cede control over a plot of land critical to Stone Brewing’s plans to build a brewery in the city, clearing what had turned into a bit of a hurdle for the project. According to a report from the Richmond Times-Dispatch, the council voted to transfer control over a warehouse near the James River to the city’s Economic Development Authority. Stone plans to build out a restaurant and beer garden in the warehouse.

Kentucky Beer Bill Threatens More Than Just A-B’s Wholesalers

Kentucky Beer Bill Threatens More Than Just A-B’s Wholesalers

A Kentucky bill that would force Anheuser-Busch to sell off or close two distributorships it owns in the state passed out of a Senate subcommittee today and now stands one vote removed from becoming law. As sponsored by Speaker Greg Stumbo, House Bill 168 would ban any brewer from owning a wholesale operation in hopes of upholding the traditional three-tier system.

Brew Talks San Diego: Defining Craft

Brew Talks San Diego: Defining Craft

Brewbound is pleased to announce its first group of speakers for the upcoming Brew Talks meetup, happening on March 10 at the Coronado brewery & tasting room in San Diego, Calif. On tap, is a discussion on how those within the industry decide what’s craft and what’s not. Several industry stakeholders, and consumers, categorize the craft segment not by ownership but by brands — even those the Brewers Association would say are “non-craft.” So what is craft beer? Societe Brewing’s Douglas Constantiner and Mike Sardina, O’Brien’s Pub/Nickel Beer Company owner Tom Nickel, and a to-be-named speaker from Coronado will debate the topic at next week’s Brew Talks.

Harpoon to Boost Distribution Beyond Own Brands

Harpoon to Boost Distribution Beyond Own Brands

Next week Harpoon will officially expand its wholesale operations when it begins distributing San Francisco’s Speakeasy Ales and Lagers. The company would like to add more brands to its portfolio throughout 2015 as well. Harpoon President Charlie Storey told Brewound that it had the room in its warehouse and the space on the company’s delivery trucks to enable the company to explore a more fully-developed distribution division.

Power Hour: There’s No Slowing Down the IPA

Power Hour: There’s No Slowing Down the IPA

The IPA continues to reign as the most popular style in American craft beer, but just how big could the style get in an industry that proudly touts a bevy of diverse flavors? According to Dan Wandel, principal of Beverage Alcohol Clients Insights for IRI, the IPA style alone is positioning itself to leap ahead of the entire “Progressive Adult Beverage” category in terms of popularity.

BA Grows Membership, Revenues in 2014

BA Grows Membership, Revenues in 2014

The nonprofit trade group that advocates on behalf of the nation’s craft brewers grew its surplus more than 69 percent last year, topping $4.2 million. The organization made net revenues of $21.1 million – with nearly half of that coming from the many events the organization hosts in a given year – up from $17.6 million the year prior, according to the report.

Kentucky Beer Bill Passes to Force A-B’s Hand in Selling Distributorships

Kentucky Beer Bill Passes to Force A-B’s Hand in Selling Distributorships

The Kentucky State Senate today approved House House Bill 168, the divisive “beer bill.” It clarifies that a brewery cannot also operate a wholesale business. After a month of hearings and lobbying from various industry groups, HB 168 passed with a vote of 23-13 and will now head to Gov. Steve Beshear’s desk to be signed into law. The bill would force Anheuser-Busch to close down or sell two distributorships it owns in the state.

Alchemy & Science’s Two-Pronged Approach For Craft Growth

Alchemy & Science’s Two-Pronged Approach For Craft Growth

If you ask Alan Newman what it’s like to build a craft brewery in Miami, expect to hear a few expletives. Newman, the president of Alchemy & Science — a craft beer incubator and wholly-owned subsidiary of Boston Beer — has been trying to pry open the doors to Concrete Beach Brewery for nearly 18 months but the company, Newman said, has encountered a myriad of confusing permitting and zoning regulations along the way.

Creative Growth Strategies on Display at Brew Talks San Diego

Creative Growth Strategies on Display at Brew Talks San Diego

Today’s craft entrepreneurs are looking beyond their core lineups and exploring alternative growth strategies, choosing to expand via collaboration, joint ventures, bi-coastal expansions and new brand creation. To talk about those strategies and growing creatively, Brewbound will be joined at Coronado next week by Port Brewing’s Tomme Arthur, Peter Zien of AleSmith, and Neva Parker, head of laboratory operations at White Labs.

Oklahoma Lawmakers Propose Changes to Beer Industry

Oklahoma Lawmakers Propose Changes to Beer Industry

Oklahoma lawmakers are pushing to reform the state’s beer landscape behind three separate bills that would dramatically change how the industry is both taxed and regulated. Industry stakeholders have mixed feelings about the bills, however. The three bills, which would raise excise taxes on in-state beer producers and change how beer is sold in Oklahoma, are currently in their second round of House and Senate committee hearings.

Press Clips: Stone Deal in Richmond Hits Snag Over Restaurant

Press Clips: Stone Deal in Richmond Hits Snag Over Restaurant

The city of Richmond is struggling to figure out how to best protect itself in the deal it struck to land Stone Brewing’s east coast facility, as the restaurant phase of the multi-million dollar project has turned into a bit of a snag. Earlier this week, the Richmond Times-Dispatch reported the city council delayed action on a land transfer for the brewery’s restaurant in order to add new language that would revert the property back to city ownership, should the deal default. Though that’s unlikely, the Times-Dispatch reported on Monday it would be at least another week before the deal gets its final sign off.