Craft beer industry news.
For the full fiscal year, Boston Beer shipped 8.2 million barrels to wholesalers, marking a -3.8% decline compared to 2021. Depletions (shipments to retailers) also declined by -5%.
Two of North Carolina’s most popular family-owned beverage companies are giving Carolinians something to ‘cheer’ about as Cheerwine Ale hits retailers’ shelves now.
Family-run Loose Ends Brewing Company is now using leading brewery management software Ekos to manage growth and begin distributing in their home state of Ohio.
Fast-growing non-alcoholic beer maker Athletic Brewing’s valuation is at just under $500 million, according to a Forbes profile released today.
The Mint 400 is proud to announce its new partnership with Southern California independent brewing powerhouse, Belching Beaver Brewery.
Colorado craft beer drinkers now have the opportunity to try beer from Japas Cervejaria, a woman-run Japanese-Brazilian brewery that’s based in Brazil. Starting this month, Japas beer will be available in the Front Range from Colorado Springs to Fort Collins; additionally the beer will soon be available near the I-70 corridor and the Roaring Fork Valley.
Despite recent declines in the seltzer category, PRESS Premium Alcohol Seltzer builds on outperforming sales and steady retail growth with the release of four new fruit-floral-spice flavors in its 2023 Synergy Variety 12-pack.
Launch Party for New Flagship Stable Craft Amber Lager Beer, Valentine’s Day Champagne Dinner, Sumptuous Food, Live Music, Heated Igloos, Fun Events and Relaxing Atmosphere!
Boston Beer is hitting the reset button with Truly Hard Seltzer in an effort to reverse the brand’s negative trends. Ahead of today’s Q4 and full-year earnings report, Boston Beer announced it would release new packaging, a new advertising campaign and communicate “clearer messaging” for Truly this spring as the company looks to grow Truly’s share and hold the No. 2 position in the segment behind White Claw.
ASHEVILLE, NC — 2022 was a monumental year for Riverbend Malt House that included a 50 percent capacity increase, and deeper agricultural and environmental commitments than ever before. The malthouse was honored with a prestigious Malt Cup award for malt quality, and named one of Inc. 5000’s fastest growing private companies— among many other milestones…. Read more »
ButcherJoseph & Co. (“ButcherJoseph”) served as exclusive financial advisor to Brewing Science Institute (“BSI” or the “Company”) on its sale to an Employee Stock Ownership Plan (ESOP). Established in 1996, BSI is located 8,500 feet in elevation in the scenic foothills of Pikes Peak and helps professional brewers achieve optimal brewing results. The transaction closed in January 2023.
Bale Breaker Brewing Company, a family-owned brewery located in the beautiful Yakima Valley, is excited to announce the lineup for 2023’s Frenz Collaboration Series. First up, releasing on February 10th, is a collaboration with long-time friends and mentors, Georgetown Brewing.
Full Circle Brewing and Sonoma Cider are excited to partner with ByBlack, powered by U.S. Black Chambers, Inc. (USBC) to release a beer and cider under its Sonoma Cider brand in celebration of Black History Month.
CPI for Beer At-Home +9% in January vs. 2022 The Consumer Price Index (CPI) for beer at-home continues to outpace inflation, increasing +9% last month versus January 2022, according to the U.S. Bureau of Labor Statistics (BLS). Beer price hikes have yet to slow down, increasing +8.6% year-over-year (YoY) in December, +7.7% in November and… Read more »
