Beer Industry News, Events & Jobs

Craft Brew Alliance Reports 2% Depletions Growth in Q3

Craft Brew Alliance Reports 2% Depletions Growth in Q3

A day after announcing Anheuser-Busch will acquire the remaining stake in Craft Brew Alliance (CBA), the Portland, Oregon-headquartered craft beer company reported modest depletions growth in its third-quarter earnings report, boosted by sales of its Kona Brewing brand. Portfolio-wide CBA depletions (sales-to-retailers) increased 2%, driven by Kona Brewing’s depletions growth of 7%. “CBA’s third quarter… Read more »

Craft Brew Alliance CEO Andy Thomas Discusses Sale to Anheuser-Busch

Craft Brew Alliance CEO Andy Thomas Discusses Sale to Anheuser-Busch

Over the last eight weeks, Anheuser-Busch InBev and Craft Brew Alliance (CBA) have been working together to finally complete a merger of the long linked together beer companies. The culmination of that work came Monday with the announcement that A-B, which owns 31.2% of CBA, would acquire the remaining stake in the publicly traded Portland, Oregon-headquartered craft brewing company.

10 Barrel Brewing’s Headquarters in Bend, Oregon, Listed For Sale at $19.7 Million

10 Barrel Brewing’s Headquarters in Bend, Oregon, Listed For Sale at $19.7 Million

Anheuser-Busch InBev-owned 10 Barrel Brewing’s 3-year-old Bend, Oregon-based headquarters is listed for sale for $19.7 million on a commercial real estate website. According to the listing and an accompanying video on the Compass Commercial website, 10 Barrel will remain as a tenant in the space for seven and a half years.

Pabst Brewing to Transfer Majority of Production Volume to City Brewing By December 2024

Pabst Brewing to Transfer Majority of Production Volume to City Brewing By December 2024

Pabst Brewing Company today announced a long-term agreement to brew the majority of its production volume at City Brewing Company by December 2024. The Los Angeles-headquartered beer company’s agreement with City Brewing lasts until 2040. News of the new contract agreement comes one year after Pabst Brewing settled a lawsuit against MillerCoors over contract production of its brands.

Founders’ Detroit Taproom to Remain Closed Until 2020; Hires Interim Diversity and Inclusion Director

Founders’ Detroit Taproom to Remain Closed Until 2020; Hires Interim Diversity and Inclusion Director

Founders Brewing Company’s Detroit taproom will remain closed through the end of 2019. In the wake of a now-settled racial discrimination lawsuit filed by a former employee against the Grand Rapids, Michigan-headquartered craft brewery, the company said it will reopen the taproom in “early 2020” and donate all profits to local charities and organizations “through at least 2022.”

How to Move Fast in Changing Business Currents with Bissell Brothers

How to Move Fast in Changing Business Currents with Bissell Brothers

Portland, ME boasts the highest number of breweries per capita in the U.S., providing the perfect microcosm of an increasingly crowded marketplace. Peter Bissell, the co-founder of Bissell Brothers, one of Maine’s most popular breweries, joins the Brewbound Live Winter 2019 speaker roster to share unconventional business advice, and the business lessons he has learned while building brewing, distribution and restaurant ventures.

Russian River Brews Sonoma Pride to Support Firefighters

Russian River Brews Sonoma Pride to Support Firefighters

Russian River is brewing a Sonoma Pride IPL after a wildfire forced the evacuation of the popular Windsor, California, craft brewery last week. Co-founder Natalie Cilurzo told Brewbound that Sonoma Pride will be available next month at both the Windsor and Santa Rosa breweries and proceeds will support a yet-to-be-determined charity that supports firefighters.