National Black Brewers Association Adds Molson Coors to Industry Partners
The National Black Brewers Association (NB2A) announced today it has added the country’s second largest brewer to the ranks of its business council.
The National Black Brewers Association (NB2A) announced today it has added the country’s second largest brewer to the ranks of its business council.
Lafayette, Colorado-headquartered Westbound & Down (W&D) has acquired Aspen Brewing and Capitol Creek Brewery from High Country Brewing LLC. The deal, which closed December 1, includes Aspen’s 7,000-barrel capacity production facility and both breweries’ brewpubs.
Wholesalers’ beer ordering entered expansion territory in November after four months of contraction, indicating “a more neutral stance for the industry,” according to the National Beer Wholesalers Association’s (NBWA) latest Beer Purchasers’ Index (BPI). The BPI’s November reading for total beer was 51, a three-point month-over-month (MoM) increase from October’s reading of 48. A reading greater than 50 indicates expansion, while less than 50 indicates contraction.
New Jersey craft brewers are reeling after Gov. Phil Murphy’s conditional veto of a unanimously passed bill that would reform the Garden State’s restrictive conditions for sales and operations at craft brewery taprooms.
Huntersville, North Carolina-based D9 Brewing, its co-founders and its parent company Community Brewing Ventures are facing a lawsuit filed by SouthState Bank, National Association, which claims the defendants have breached their contract with the bank.
Boston Beer Company executives made “inactionable statement[s] of corporate optimism” about sales of Truly Hard Seltzer during its Q1 and Q2 earnings calls in 2021, negating a lawsuit and subsequent appeal filed by investors who alleged the company misled them about the brand and company’s performance. A panel of three Second Circuit judges upheld the… Read more »
The Federal Trade Commission (FTC) alleges that Total Wine & More “will continue to evade its production obligations absent an enforcement order” from the U.S. District Court for the Eastern District of Virginia. The agency and the national beverage-alcohol retailer are at odds over whether Retail Services & Systems, Inc. (RSSI), Total Wine’s parent company,… Read more »
Ipswich Ale Brewery, one of the oldest craft breweries in Massachusetts, will transfer most of its production as part of an expanded partnership with Newburyport, Massachusetts-based RiverWalk Brewing, both breweries announced last week.
One shareholder of Massachusetts-based Tree House Brewing has filed a lawsuit against co-owners Nate Lanier and Damien Goudreau, claiming they have misused company funds, neglected to offer shareholder dividends, and withheld tax documentation. Eric Granger, a Monson, Massachusetts resident who owns 2% of Tree House’s shares, filed the lawsuit against Lanier, Goudreau and Tree House… Read more »
The legal battle between the Federal Trade Commission (FTC) and national bev-alc retailer Total Wine & More continued this week when the chain filed a motion to oppose the agency’s petition to force it to comply with a civil investigative demand (CID). The FTC last month claimed Total Wine’s parent company, Retail Services & Systems,… Read more »
Flow Water is continuing to expand operations at its Aurora, Ontario, production facility while simultaneously seeking its divestiture, announcing today a five-year manufacturing partnership with alcoholic RTD party punch maker BeatBox Beverages set to kick off next summer. The deal, due to commence sometime between May and July 2024, marks Flow’s first move into beverage-alcohol… Read more »
Most production at New Orleans-based Faubourg Brewing will cease next month, Faubourg parent company Made By The Water (MBTW) announced this week.
Red Tree Beverages, Coca-Cola’s “firewalled, wholly owned” subsidiary to explore beverage-alcohol, has no intention of getting into the distribution business, Red Tree president Jenny Dowdy said yesterday during Beer Marketer’s Insights fall seminar.
For its sophomore year, Heineken Silver will get another $100 million investment, Heineken USA leaders announced during the company’s annual business planning meeting. Heineken USA CEO Maggie Timoney shared the U.S. subsidiary of the Dutch brewing giant had learnings and has already “corrected” course for its low-cal, low-carb offering. In the 52 week-period ending September… Read more »