Cambridge Brewing Co. to Close in December After 35 Years
After 35 years, Massachusetts-based brewpub Cambridge Brewing Co. (CBC) has announced it will shut its doors at the end of 2024.
After 35 years, Massachusetts-based brewpub Cambridge Brewing Co. (CBC) has announced it will shut its doors at the end of 2024.
Rachel Kiley was the first-ever employee at Atlanta-based Monday Night Brewing when it opened in 2012, joining as sales director and working her way up to chief operating officer. After helping lead the brewery’s expansion to six locations across four states and 21,000 barrels of beer produced in 2023, Kiley has stepped down to become CEO of Sneaky Spirits, the brand she founded with her husband, Peter.
New Belgium Brewing eliminated the roles of seven employees Thursday as part of a reorganization of its sales and marketing structure, a spokesperson told Brewbound.
Anheuser-Busch InBev (A-B) has reached agreements to sell wholly owned distributor branches in Massachusetts and Ohio to independent A-B distributors in each state, the company announced today.
If craft beer had a Bizarro World, a place where everything was the opposite of its current state, it would be Williamsport, Pennsylvania, home of New Trail Brewing.
The consumer price index (CPI) for beer both at home and away in July continued to outpace overall inflation and the CPI for the rest of the beverage-alcohol industry, according to the most recent report from the U.S. Bureau of Labor Statistics (BLS).
Tilray Brands announced “a definitive agreement” with Molson Coors Beverage Company to acquire four craft beer brands in its Tenth & Blake division.
Beverage-alcohol industry trade groups didn’t hold back in their feedback to the Interagency Coordinating Committee on the Prevention of Underage Drinking (ICCPUD) about recent changes to the process by which the Dietary Guidelines Advisory Committee (DGAC) evaluates alcohol’s place in the Dietary Guidelines for Americans (DGA).
After a month in the black, domestic tax paid shipments of beer recorded a -4.8% year-over-year (YoY) decline in June, according to the Beer Institute (BI), which cited several government sources for its monthly report.
As it lapped the gains made in the wake of the Bud Light boycott last year, Molson Coors recorded declines in volume and net sales during the second quarter of 2024. However, company leadership was unshaken.
Citing “considerable distress” in the restaurant industry, the parent company of craft-centric on-premise chain World of Beer has filed for Chapter 11 bankruptcy protection.
Cincinnati, Ohio-based Urban Artifact Brewing has filed a lawsuit against Pennsylvania Liquor Control Board (PLCB) chairman Tim Holden and Pennsylvania State Police commissioner Col. Christopher Paris alleging the state “enforce[s] cost-prohibitive trade barriers on out-of-state breweries” and those barriers “prevent out-of-state breweries from competing freely with in-state breweries in violation of the dormant Commerce Clause.”
After a “soft” quarter, Boston Beer executives laid out the company’s plans for growth in the second half of 2024 and beyond during a conference call on Thursday with investors and analysts. Boston Beer – whose portfolio includes Twisted Tea, Truly Hard Seltzer, Samuel Adams, Angry Orchard, Dogfish Head and Hard MTN Dew – recorded shipments (sales to wholesalers) declines of -6.4% and depletions (sales to retailers) declines of -4.% in Q2. This followed a Q1 with shipment growth of +0.9% and flat depletions.
In the latest edition of A Round With – Brewbound’s Insider-exclusive Q&A series with industry leaders – we caught up with Matt Smith, founder of Beverly, Massachusetts-based Wandering Soul Beer Co.