Craft beer industry news.
The new round of funding will be structured much like the first: in the form of revenue share through which the business pays investors back with monthly payments based on topline revenue performance. Investors continue to receive monthly payments until they’ve received a total payback of 1.5x investment.
On Tuesday, August 2 at 5 p.m., the region’s most-awarded and fastest-growing collection of brewpubs, Iron Hill Brewery & Restaurant, will add a new location, their 12th across DE, NJ and PA, in Huntingdon Valley Shopping Center (785 Huntingdon Pike, Huntingdon Valley, PA 19006). The newest Iron Hill will focus on serving hand-crafted beer and from-scratch food, using only fresh, high quality ingredients designed to delight customers, all with the invitingly casual service and welcoming setting that have become the company’s signature over the past two decades.
American craft brewer powerhouse Sierra Nevada Brewing Co. has collaborated with 630-year-old Bavarian craft brewer Riegele to produce a rare beer seldom seen in Germany: an American pale ale. The beer is being released in 11.2 oz. bottles exclusive to the German and European markets beginning this month.
Following the incredible debut of Star Trek Golden Anniversary Ale: The Trouble With Tribbles at Comic-Con International in San Diego, Shmaltz Brewing Company boldly goes to the “Star Trek Las Vegas” convention at the Rio Hotel & Casino from August 3 – 7, 2016. The national rollout of Golden Anniversary Ale: The Trouble With Tribbles is now underway to 25 states across the country, including California, Florida, Illinois, Louisiana, Nevada, New York, Ohio, Pennsylvania, Texas, Washington, and many others.
Prost to Fall! You will soon be able to lift Braxton Brewing Company’ s Oktoberfest Lager — Oktober Fuel — to life. The Covington-based brewery is launching their first seasonal can beginning in August.
D.G. Yuengling & Son, Inc., America’s Oldest Brewery, starts rolling out in Louisiana this week. Louisiana is the nineteenth state to distribute Yuengling products and will be rolling out with its three core brands: Yuengling Traditional Lager, Yuengling Light Lager, and Yuengling Black & Tan.
Just days after it was revealed that a pair of top Ballast Point Brewing executives would leave the organization to “pursue other interests within the beverage alcohol space,” two more key figures are also headed out the door. Founder Jack White Jr. and chief operating officer Yuseff Cherney — who also served as the company’s head brewer and distiller — have officially departed, according to Michael McGrew, a spokesman with Ballast Point’s parent company, Constellation Brands.
Since 2008, Terrapin has released 26 different Side Project beers. They’ve all been extremely unique, fun and creative beers released in 22oz bottles and draft only. But this time we’re switching it up, Hi-10 will be released in a six-pack of 12oz cans.
Nine Pin Cider Works, New York’s first farm cidery located in Albany, and Brewery Ommegang, a Belgian-style brewery located in Cooperstown, have announced the release of The Lion’s Share, a new style of cider that combines the best of New York’s leading craft producers.
Fresh off last week’s purchase of Georgia-based Terrapin Beer Company, MillerCoors, via its Tenth and Blake craft and import division, today announced it has acquired a majority stake in Oregon’s Hop Valley Brewing. Specific financial terms were not disclosed and the transaction is expected to close in the third quarter of 2016.
Seattle-born brewery, Elysian Brewing Company, announces the release of Night Owl Pumpkin Ale, a spiced seasonal beer and the brewery’s first fall release of the season. Brewed with seven and a half pounds of pumpkin per barrel and spiced with the classic pie blend of ginger, cinnamon, nutmeg, cloves and allspice, Night Owl (6.7% ABV) is a scarily-good pumpkin beer with all the flavors of fall. Perfectly spiced, Night Owl is a balanced, drinkable pumpkin ale and the standard for all of Elysian’s pumpkin beers.
Unprecedented demand for Innis & Gunn’s latest limited edition beer has seen the Scottish craft brewer take a step to preserve a bottle for posterity before stocks disappear. The 7.7% ABV beer named Vintage has been placed in a time capsule with instructions to be opened in the year 2116.
Nearly seven years in the making, American craft beer has made a milestone leap into Europe’s time-honored beer culture. Stone Brewing has announced that its Berlin, Germany brewery is now fully operational and the company is now distributing its beers to 17 countries throughout Europe. This milestone further solidifies the brewery’s historic accomplishment of becoming the first U.S. craft brewery to independently build, own and operate a brewery in Europe.
2 Towns Ciderhouse is proud to announce that it is partnering with the Portland Thorns FC for the 2016 National Women’s Soccer League season and beyond. As part of the sponsorship agreement, 2 Towns Ciderhouse ciders will be served at the Thorns FC home games, including a special Thorns collaboration cider, and the 2 Towns log will appear in the stadium during games. 2 Towns will also host tastings in conjunction with pub partners. This partnership reflects 2 Towns’ support for women’s sports and excellence in professional soccer.
