Summit Brewing Faces Bank Foreclosure as 40th Anniversary Approaches
Once Minnesota’s largest craft brewery and one of the 25 largest in the country, St. Paul, Minnesota-based Summit Brewing Company is now facing bank foreclosure proceedings.
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Once Minnesota’s largest craft brewery and one of the 25 largest in the country, St. Paul, Minnesota-based Summit Brewing Company is now facing bank foreclosure proceedings.
Another Oregon-based brewery is joining Ninkasi Brewing parent company Great Frontier Beverages.
Constellation Brands’ portfolio of popular Mexican imports will soon have different representation in the Denver area. The bev-alc giant informed Denver, Colorado-based Coors Distributing Company (CDC), a wholly owned subsidiary of Molson Coors, that it would be terminating their relationship in the next 30 days.
Southern Glazer’s Wine & Spirits (SGWS) has entered into a non-prosecution agreement with the justice department and federal regulators to pay $12.5 million, resolving a probe into a years-long scheme to bribe alcohol buyers from California’s largest grocery chains.
The Middleby Corporation will shutter its Middleby Brewing & Distilling Solutions Group, which includes Deutsche Beverage + Process, Ss Brewtech and Wild Goose Filling, by the end of the year.
Athletic Brewing Company is adding two QB1s to its roster as “athlete-owners” as the NFL season kicks off tonight. New England Patriots quarterback Drake Maye and Dallas Cowboys quarterback Dak Prescott struck multi-year partnerships with the dedicated non-alcoholic beer maker and stakes in the business.
A fitness company appears to be the winner of last week’s auction for Rogue Ales & Spirits’ intellectual property, including the Rogue.com domain, the proprietary Pacman yeast strain and trademarks for Rogue and Dead Guy, among other assets.
Broken Heels will remain New Trail Brewing’s “top priority” in 2027, but its family will expand with two IPAs on both ends of the ABV spectrum.
Pabst Brewing CEO Greig DeBow has offered a $20,000 reward for 1,602 cases of the Pabst Blue Ribbon maker’s beer he alleges was stolen in California last month.
Liquid Death founder Mike Cessario is partnering with Sazerac to launch Mr. Fancy, a new RTD canned sparkling wine.
Martignetti Companies is expanding its New England footprint again. The beer, wine and spirits distributor has struck a definitive agreement to acquire Girardi Distributors, LLC, a Massachusetts-based, independent Anheuser-Busch InBev (A-B) distributor.
The spiked sports drink gold rush is on, but two players have already established themselves at the top of the burgeoning “vodka + ade” drink segment. Following the success of Surfside Iced Tea + Vodka, Stateside has another hit in its portfolio with the addition of Super Lyte, which launched earlier this year.
Dedicated non-alcoholic (NA) beer maker Athletic Brewing is tapping wine and spirits marketer Dan Kleinman as its next CMO. Kleinman will take over the role, effective September 8.
The August Beer Purchasers’ Index – coupled with lower inventory at risk of going out of code – revealed an industry that has fallen into “cautionary” mode at summer’s end for a second year, according to NBWA VP of analytics and chief economist Lester Jones’ wholesaler survey.