The Beer Institute (BI) continued to urge President Joe Biden’s administration to lift Section 232 aluminum tariffs, in a statement released Monday.

Cowen is lowering its fiscal year 2023 estimates for Boston Beer Company, analyst Vivien Azer wrote in a report today, noting the financial services firm has become “increasingly skeptical” that Boston Beer will meet its guidance of +4%-+10% shipment and depletion growth.

The buyer of Cincinnati Beverage Co. (CinBev) and its portfolio of craft beer brands has finally come forward.

Ready-to-drink canned cocktails’ (RTDs’) share of Drizly sales passed hard seltzer’s share for the first time over the weekend (May 27-30), as consumers celebrated Memorial Day.

David Bower, former president and CEO of Upland Brewing Co., spoke to Brewbound last month to discuss his new role as VP of sales for Wildpack Beverage, a national beverage co-packer and packaging supplier.

Live Oak Bank filed an objection today in the Orange County Superior Court of California, contesting the jurisdiction of the court to relieve debts owed by Modern Times Beer to Live Oak, as well as the sale of assets at Modern Times’ flagship Anaheim location, as part of the sale of the San Diego craft brewery.

Ball Corp., the world’s largest aluminum beverage can manufacturer, has partnered with the investment firm Manna Capital Partners to create an aluminum can sheet rolling mill and recycling center in Los Lunas, New Mexico.

The beer industry is on track to have a strong start to the summer selling season, according to the National Beer Wholesalers Association’s (NBWA’s) May Beer Purchasers Index (BPI).

Modern Times CEO Jennifer Briggs spoke to Brewbound Tuesday, with an update on the impending sale of the San Diego-based brewery.

Kihei, Hawaii-based Maui Brewing Company has placed a “stalking horse” bid to acquire San Diego, California-based Modern Times Beer, which has been accepted by a court-appointed receiver.

As the on-premise began to reanimate after a year of pandemic-driven closures and restrictions, 28 of the top 50 Brewers Association-defined (BA) craft breweries posted volume increases in 2021, according to data published today in the May/June edition of the trade group’s New Brewer magazine. Last year, the BA reported craft beer’s volume declined -9% in 2020 – the first time the trade group that represents the nation’s small and independent breweries recorded a volume loss in the industry’s modern era – and a majority (36) of the top 50 saw their output decline compared to 2019.

A bill to add $40 billion to the depleted Restaurant Revitalization Fund (RRF) failed to secure the requisite 60 votes in the U.S. Senate yesterday.

Anderson Valley Brewing Company (AVBC), has committed to holding price – at least through the summer – despite inflationary headwinds, supply chain strain and continued effects of COVID-19 felt throughout the beer industry, the Boonville, California-based craft brewery announced Wednesday.

Since its founding in 2010, Fiddlehead Brewing Company has recorded double-digit growth every year in each of its eight markets, and this year made the Brewers Association’s (BA’s) list of Top 50 Craft Breweries by volume, ranking No. 49.