Anheuser-Busch InBev, via its “High End” craft division in the U.S., today announced the launch of a new initiative aimed at “building a better future” for the beer industry. Called Elevate, the program is A-B’s effort to make its 11 U.S. craft beer and cider brands better stewards of the industry.
The Boston Red Sox and Boston Beer Company have reached a multi-year agreement to make Samuel Adams “the official beer of the Boston Red Sox.” It’s an eight-year deal that will last through the 2025 season, according to the Boston Globe.
Two decades-old Baltimore breweries have begun consolidating operations. RavenBeer is in the process of relocating its operations to the Duclaw Brewing Company facility. In a press release, RavenBeer founder Stephen Demczuk cited increased competition from local and national breweries alike as one of the reasons for the move.
In this week’s edition of Last Call: Several small craft brewers accuse Ohio-based SysTech of defrauding them; the Brewers Association elects five industry professionals to its board of directors; Anheuser-Busch sends a cease-and-desist letter over “Dilly Dilly” beer; and more.
Georgia’s Scofflaw Brewing today announced plans to begin contract brewing with Scottish craft beer maker BrewDog. The fast-growing Atlanta-based craft brewery, which recently announced plans to expand its production capabilities to 30,000 barrels, will take advantage of excess capacity at BrewDog’s new 100,000 sq. ft. Ohio brewery until a new brewhouse is installed in March.
Seaboard Craft Beer Holdings, the parent company of Tampa Bay’s Big Storm Brewing Co., has acquired the assets of Cape Coral Brewing Co., a Florida brewery that shuttered in October after two years in business.
Following an 18-month search for a brewery to purchase, Epic Brewing today announced the acquisition of Telegraph Brewing Company, a California-based beer company that produces a variety of Belgian-inspired beers. Specific financial terms of the deal were not disclosed.
Fat Head’s Brewery will close its Portland, Oregon, brewpub in early 2018 following the termination of a licensing agreement between the Ohio-based company and its local franchisee.
After selling 65,000 barrels of beer in 2016, Cigar City Brewing is on pace for a major bump in sales as the Florida craft brewery plans to cross the 100,000-barrel threshold by the end of the year. In an interview with Brewbound, Cigar City brand ambassador Neil Callaghan attributed the growth to expanded production of its flagship brand, Jai Alai IPA, at the start of the year.
Seven months after putting its Woodinville, Washington, brewery up for sale, Craft Brew Alliance (CBA) today announced that it has reached an agreement to sell the facility to Sound Commercial Investment Holdings LLC for $24.5 million.
After contract producing a line of beer for the last year, Ohio’s Rivals Brewing Company has reached an agreement to take over the current Fat Head’s Brewery space in Middleburg Heights. Last week, Nick Lowe, the owner of Rivals Sports Grille, a decade-old Middleburg Heights sports bar and restaurant, announced that he had signed a five-year lease on the 35,000 sq. ft. turnkey brewery where Fat Head’s has operated since 2012.
The United States Senate passed a sweeping tax reform bill early Saturday morning that includes a number of changes to the tax code and benefits alcohol producers. With a vote of 51-49 today, the Senate passed H.R. 1, the “Tax Cuts and Jobs Act,” which is the largest tax overhaul in 31 years and includes the Craft Beverage Modernization and Tax Reform Act (CBMTRA).
Mark Young wants to help bar owners sell more beer. Who is Mark Young? He’s the founder and CEO of Beerboard, a beer management platform that enables breweries, restaurants, and bars to make real-time marketing decisions about their beer selection. Young recently visited the Brewbound headquarters in Watertown, Massachusetts, to share his company’s story with the BevNET Taste Radio podcast.
In this week’s edition of Last Call: A-B InBev acquires another Australian craft brewery; excise tax cuts inch closer to passage in the U.S. Senate; A-B defends pay-to-play allegations in Massachusetts; and much more.