Zoe Licata joined Brewbound in 2021 after several years of freelance reporting and documentary work. She’s a Massachusetts native, guinea pig for bev-alc innovation and savant in Gen Z culture.
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).
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.
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.
The majority of distributors (70%) are seeing better growth for beer this spring, respondents told financial services firm Jefferies in a survey published today.
On-premise sales velocity increased +3% in the week ending May 7, following a -1% decline in the week ending April 30, according to a report from the market research firm CGA.
On-premise volume declined for the third consecutive period, decreasing -1.9% over the weekend of May 5-8 compared to the weekend before, according to the market research firm BeerBoard.