Chris Furnari

Posts by Chris Furnari

Craft Brew Alliance Names New Chairman

Craft Brew Alliance Names New Chairman

Craft Brew Alliance (CBA) today named longtime board member David Lord as its next Chairman. Lord, who has served as a board member since the company was formed in 2008, will replace outgoing Chairman Kurt Widmer on January 1, 2016.

Kona Brewing’s Pipeline Porter and Koko Brown Return to Mainland

Two of Kona Brewing Company’s popular Hawaii-only specialty beers are returning to pint glasses across the U.S. The coffee infused Pipeline Porter and the coconut rich Koko Brown Ale make their return to the Mainland in response to increasing demand for the uniquely Hawaiian brews. The beers are limited releases and are not expected to stay on shelves or taps long.

Pabst Forms Partnership with Vermont Hard Cider

Pabst Forms Partnership with Vermont Hard Cider

Pabst Brewing Company has struck yet another strategic partnership, this time with the struggling Vermont Hard Cider Company, a subsidiary of C&C Group plc. The company today announced an exclusive, long-term agreement to distribute, market and sell all of Vermont Hard Cider’s domestic brands, including Woodchuck, Gumption, Wyder’s and Hornsby’s. Pabst will also gain access to Vermont’s portfolio of international cider brands from Ireland and England, including Magners and Blackthorn. Specific financial terms of the transaction — which is slated to begin on March 1, 2016 — were not disclosed, but Pabst will have an option to acquire Vermont’s U.S. cider brands and related assets.

Rebel Raw Hits Retail, Jim Koch Drops Details

Rebel Raw Hits Retail, Jim Koch Drops Details

Boston Beer’s newest creation, Rebel Raw – a hazy, 10 percent double IPA clocking in at 100 IBUs – has finally hit retail shelves. Brewed with six pounds of hops per barrel, Rebel Raw – which is packaged in 16 oz. cans and sold in four-packs — is by far the hoppiest beer Boston Beer has ever produced. It’s also unfiltered and being marketed with a 35-day shelf life to promote freshness.

Highland Brewing to Debut 12 New Beers in 2016

ASHEVILLE, N.C. — Highland Brewing Company today announced it will release its new, year-round West Coast-style IPA on Jan. 4, 2016. It is the first of 12 new beers the 22-year-old brewery will debut in 2016. Highland will release two other year-round beers, three new seasonals, two new Warrior Series beers and four Kinsman Project… Read more »

Not So Sweet: Hard Sodas Make Cider Makers Wary

Not So Sweet: Hard Sodas Make Cider Makers Wary

Hard cider has always faced an uphill battle for attention, one that has required entrepreneurs in the space to convince both consumers and retailers that fermented apples should be on the menu. In recent years, cider companies have enjoyed healthy growth. But now a new competitor, hard soda, has entered the fray, and it’s got some cider makers worried about their ability to maintain their position on the shelf.

Reyes Lands Lagunitas and Stone in Virginia, Washington DC

Reyes Lands Lagunitas and Stone in Virginia, Washington DC

Reyes Beverage Group, via its Premium Distributors outfits in Virginia and Washington D.C., has acquired the distribution rights to a pair of the most prominent craft brands in the country. In two separate announcements, the company said it purchased the rights to Lagunitas Brewing – already one of its top craft suppliers – and Stone Brewing, which is building a second brewing facility in the area.

Bell’s Brewery to Expand in 3 New States in 2016

Bell’s Brewery to Expand in 3 New States in 2016

Bell’s Brewery will expand distribution into Mississippi, Louisiana and Arkansas next year and has begun the process of identifying new wholesale partners in each state. In a press statement, the Michigan-based brewery said launch plans have not been determined but that potential distributors are being identified.

Sun King Brewing Increasing Indiana Distribution Once Again

Sun King Brewing Increasing Indiana Distribution Once Again

Sun King Brewing is continuing to reestablish distribution across its home state of Indiana, today announcing expanded coverage to 39 counties in southern Indiana via Monarch Beverage. The decision to grow comes nearly one full year after the company pulled out of some Indiana markets to avoid exceeding a statewide small brewery production cap that, at the time, was set at just 30,000 barrels. That cap was raised in May, when Indiana Gov. Mike Pence signed into law a bill that tripled the production limit to 90,000 barrels for self-distributing breweries with tasting rooms.

Breakside Brewery to Open Third Location

Breakside Brewery to Open Third Location

Portland, Oregon’s Breakside Brewery is growing once again and will add a third brewpub location in 2016, the company announced Monday. Slated to occupy 5,000 sq. ft. of space in Portland’s “Slabtown district,” located in the Northwest part of town, Breakside said the new location would open next summer.

After 7 Years, Pretty Things Beer to Close Its Doors

After 7 Years, Pretty Things Beer to Close Its Doors

Pretty Things Beer & Ale Project, the beloved Boston-area craft beer company owned by Dann and Martha Paquette and known for its popular Jack D’Or saison, will officially close next month, the pair announced in a blog post. “After seven years it’s time to draw the curtains and head off to a new adventure,” they wrote.

Hard Soda Wars? Maybe, as Big Players Pounce on Opportunity

Hard Soda Wars? Maybe, as Big Players Pounce on Opportunity

Brace yourselves. More hard soda is on the way. The country’s two biggest hard root beer producers — Pabst Brewing and Boston Beer Company — have simultaneously announced the national rollout of more soda-inspired ales, albeit with very different marketing messages.

Constellation Brands to Borrow $400 Million for Ballast Point Transaction

Constellation Brands to Borrow $400 Million for Ballast Point Transaction

Constellation Brands will borrow $400 million to help finance the $1 billion purchase of San Diego’s Ballast Point Brewing, the company said in a statement. The cross-category beverage alcohol producer has tapped a banking syndicate that includes Bank of America Merrill Lynch, J.P Morgan Securities, Rabo Securities, Wells Fargo Securities, SunTrust Robinson Humphrey, Mitsubishi UFJ Securities, Goldman, Sachs & Co., Scotia Capital, Barclays Capital and BBVA Securities.