By most metrics, small and independent craft brewing companies posted solid volume growth in 2019. However, the disruption caused by the COVID-19 pandemic, which has forced many craft brewers into “survival mode,” is overshadowing 2019’s growth.
Two months after Constellation Brands made a minority investment in Press Premium Alcohol Seltzer, the company’s chief commercial officer for its beer division, Bruce Jacobson, announced he is leaving the beer, wine and spirits company after 17 years to join the Milwaukee, Wisconsin-based hard seltzer maker.
Wachusett Brewing Company and Atlas Distributing are releasing a new beer together that will directly raise money to support three COVID-19 response funds in the communities where they operate.
Contrary to previous reports, some businesses with backing from private equity or venture capital firms are eligible for loans under the U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP).
Volume growth for the nation’s small and independent craft breweries held steady at nearly 4% in 2019, as the overall beer industry’s volume declined 2%, according to trade group the Brewers Association’s annual craft beer growth report.
Total beer category dollar sales in off-premise retailers reaccelerated slightly for the week ending April 4, increasing 19% compared to the same one-week period in 2019, according to market research firm Nielsen.
Especially during these dark times, the CBG would like to remind beer lovers about what makes this community so special and why Colorado is referred to as “the State of Craft Beer.” The Guild encourages attendees to order some independently brewed local beer for pick-up or delivery, and join them for an afternoon of fun. The 25th Beerthday Party is a virtual event that includes an all-star panel of brewers.
Atwater Brewery is now producing up to 2,500 gallons of hand sanitizer weekly and will automate its bottle filling line to accelerate production further.
Breakthru Beverage Group, a leading North American beverage distributor with operations across the United States and Canada, announced a $500,000 commitment to partner with local nonprofit organizations, restaurants, and restaurant groups to purchase meals for front-line responders battling the COVID-19 outbreak and vulnerable populations affected by it, such as children and the elderly.