Craft Beer News, Events & Jobs

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9 Craft Breweries Land on Inc. 5000 List

9 Craft Breweries Land on Inc. 5000 List

Inc. Magazine’s annual ranking of the top 5,000 fastest-growing private companies in the U.S. is out and, not surprisingly, several craft breweries made the cut. Nine craft breweries appeared on this year’s list, which is ranked according to percentage revenue growth over a four-year period.

Maui Brewing Expands, Plans For New Spirits and Soda Lines

Maui Brewing Expands, Plans For New Spirits and Soda Lines

To keep up with growing demand for its products on the Mainland, Maui Brewing has made a number of wholesale moves in California and Nevada. The company yesterday announced expanded distribution along California’s central coast, signing with four new distributors for coverage throughout Santa Cruz, Monterey and San Luis Obispo. Maui has signed agreements with Chrissa Imports, Central Coast Distributing, Delta Pacific Beverage and Pipeline Beverage.

New Markets, Packages on Tap at Deschutes

New Markets, Packages on Tap at Deschutes

Deschutes Brewery has signed agreements with three new beer wholesalers in Michigan, the company announced today. The brewery, based in Bend, Ore., has inked deals with Alliance Beverage in Western Michigan, Fabiano Brothers in Central Michigan, and Daniel L Jacob & Co. for coverage in “Ann Arbor South.”

Del Papa Distributing Launches Specialty Craft Division

Del Papa Distributing Launches Specialty Craft Division

Texas’ Del Papa Distributing today announced the creation of a new craft and specialty division to better capitalize on the “explosion” of craft beer. In a statement, Del Papa said its own steady increase of craft volume – trending at 25 percent over the past four years – was the impetus for the creation 2-Row Distributing, which will launch selling national and local craft brands alike.

Kim Jordan Stepping Down as New Belgium CEO on October 9

Kim Jordan Stepping Down as New Belgium CEO on October 9

After 25 years at the helm of New Belgium Brewing, co-founder Kim Jordan will step down as CEO and transition into a new role as executive chair of the brewery’s Board of Directors, the company announced today. Current president and chief operations officer Christine Perich, who began her career at New Belgium in 2000 and has also previously served as the company’s chief financial officer, has been named CEO. She will take over on October 9, the company said.

Last Call: Center for Public Integrity Investigates Distributor Lobbying Power

Last Call: Center for Public Integrity Investigates Distributor Lobbying Power

In June, as reported by Brewbound, Kentucky passed a law that forced both Rhinegeist Brewery, a small beer company from Ohio, and Anheuser-Busch InBev, the world’s largest brewer, to sell off distributorships it owned in the state. Using that case a starting point, the Center for Public Integrity this week ran an illuminating piece highlighting the lobbying power established distributors have displayed, in Kentucky and beyond, in driving such legislative efforts.

CBA Executives Explain Disappointing Quarter

CBA Executives Explain Disappointing Quarter

Shares of Craft Brew Alliance (BREW) plunged today following yesterday’s after-hours release of weaker than expected second quarter earnings. During a quarterly earnings call, CEO Andy Thomas tried his best to reassure investors that the company’s performance in home markets, and its continued investment against a long-term strategy of improving gross margins, were bright spots in an otherwise disappointing three-month period.

Lost Abbey Buys Out Former Partner Charged with Grand Theft, Embezzlement

Lost Abbey Buys Out Former Partner Charged with Grand Theft, Embezzlement

It took 18 months, but Port Brewing/The Lost Abbey has finally bought out its disgraced former CFO, James Comstock. Comstock, a founding partner in the Port Brewing/Lost Abbey business, was arrested on Dec. 18, 2013 on charges that he took more than $200,000 from a San Diego-area nonprofit, ArtSplash, where he served as treasurer. Following his arrest, Comstock was immediately let go from the beer company and eventually pleaded guilty to embezzlement charges last July. He was sentenced to three years probation.