As breweries in the craft beer sector continue to flourish, established companies, like the 25-year-old Flying Dog, are doubling down and looking to further capitalize on growth with entirely new brewery ventures. The Frederick, Md. beer company yesterday announced plans to launch Farmworks Brewery, a self-described “unique farm brewery destination” located in Lucketts, Va.

In an effort to establish itself as a longstanding, multi-generational craft brewery, Founders Brewing today announced it would sell a minority interest to Mahou San Miguel, Spain’s largest brewer. The Michigan-based craft beer company announced Wednesday it would sell a 30 percent stake to the international beer company. CEO and co-founder Mike Stevens described the decision to sell a minority interest as one that would enable Founders to “ensure a legacy.”

Founders Brewing today announced it has sold a 30 percent stake to Mahou San Miguel Brewery, a Spanish Brewing Company founded in Madrid in 1890. Specific terms of the deal were not disclosed. A full press release with more details is below. Official story to follow.

With an expansion into nine new states, the Craft Brew Alliance-owned Kona Brewing brand will be sold nationwide in early 2015. In a press statement, the company said it plans to enter Arkansas, Iowa, Kansas, Louisiana, Nebraska, North Dakota, South Dakota, Oklahoma and West Virginia next January.

Craft Brew Alliance today announced it has signed a letter of intent to form a strategic partnership with Appalachian Mountain Brewery, a publicly traded craft brewery based in Boone, North Carolina. Although specific terms of the deal were not disclosed, CBA told Brewbound the two companies will explore ways to “drive business growth and shareholder value through sharing resources in key strategic areas.”

A U.S. Food and Drug Administration (FDA) ruling that requires chain establishments with more than 20 locations to list caloric information on their menus may have left a significant gray area for craft beer. The new ruling, announced Tuesday, affects both on-and-off-premise establishments, including chain restaurants, movie theaters, vending machines as well as grocery and convenience stores serving prepared foods.

Somehow, amidst all of the growth and excitement in cider, the category’s second-largest producer, Woodchuck, is suffering. Sales are in a downward spiral. In the six-month period ending Aug. 31, parent company C&C Group’s U.S. volumes fell 21 percent. Operating profit is down almost 90 percent and production of Woodchuck has declined 29 percent.

Whoops, file this one in the retraction column. Apparently the Russians aren’t actually buying Pabst Brewing Company. In September, it was widely reported that Russia’s Oasis Beverage was teaming up with TSG Consumer Partners, a New York-based private equity firm, and beverage entrepreneur Eugene Kashper to buy the Pabst brand from C. Dean Metropoulos for upwards of $750 million.

Craft beer fans can look forward to a revamped Flagship Series lineup from Ninkasi Brewing Company starting January 2015, featuring new additions paired with steadfast favorites.

During last week’s Beer Marketer’s Insights conference in New York City, a pair of top-10 craft brewery founders took the stage to discuss category growth, brewery expansion plans and category trends, among other top-of-mind issues. Deschutes Brewery founder Gary Fish and Brooklyn Brewery founder Steve Hindy joined the conversation, moderated by Beer Marketer’s Insights president Benj Steinman.

The Coca-Cola Company today announced it has signed a definitive agreement with Reyes Holdings, granting the wholesaler the distribution rights for Coke products in the Chicago area. In today’s statement, Coke confirmed that Reyes, via its newly established “Great Lakes Coca-Cola Distribution L.L.C.” arm, would “dedicate all of the company’s sales and distribution activities on servicing the Coca-Cola brands.”