Citing a “challenging” craft beer market, California’s Lagunitas Brewing said Tuesday that it would slash 12 percent of its workforce in a move that will impact at least 100 employees. The announcement comes about 17 months after Heineken International completed its purchase of the Petaluma-headquartered craft brewery.
- PARENT BREWERY
- Heineken USA
- BREWERY TYPE
- Not specified
1280 N McDowell Blvd
Petaluma, CA 94954-1113 United States
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- ANNUAL PRODUCTION
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Surging freight costs, a shortage of long-haul truck drivers and new laws restricting the number of hours that drivers can be on the road are cutting into profits of beer companies and other major corporations throughout the United States. Although increased transportation costs are affecting all consumer goods industries, Beer Institute chief economist Michael Uhrich told Brewbound that they’re disproportionately affecting the beer industry because the vast majority of beer sold domestically is shipped. Last year, beer companies shipped 2.9 billion cases of beer, according to the National Beer Wholesalers Association.
Midway through 2018, Lagunitas Brewing Company is the only top five U.S. craft beer brand gaining dollar share, according to CEO Maria Stipp. Speaking to Brewbound, Stipp shared the company’s results through the first half of 2018, noting that Lagunitas ranks fourth in dollar share (up 4 percent) and sixth in volume (up 5 percent) through July 14, according to data from market research firm Nielsen.
U.S. consumers looking to catch a buzz without the booze will soon be able to purchase an assortment of beer-centric products thanks to a pair of ventures aiming to disrupt the current alcohol market with cannabis-infused beverages.
BeerBoard, the industry leader in real-time data and analytics for draft beer, today announced leading American brewers Lagunitas, Magic Hat and Stone Brewing have signed as clients to receive the company’s proprietary, real-time data and analytics from its SmartBar platform.
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Year Round Beers
|Born Yesterday Pale Ale||Pale Ale|
|Sucks Holiday Ale||IPA|
|Wilco Tango Foxtrot||Unknown|
|Ruben & The Jets||Unknown|
|Little Sumpin Sumpin Ale||Ale|
|Pale Ale||Pale Ale|
|Imperial Stout||Imperial Stout|
|No records to display.|
|No records to display.|