In this week’s Press Clips, Jim Koch defends his New York Times opinion piece; a deceptive advertising lawsuit against MillerCoors is dismissed; the SEC stands pat on no alcohol sales at football games; and much more.
- BREWERY TYPE
929 North Russell Street
Portland, Oregon 97227 USA
- CBA is a leading craft brewing company, which brews, brands and markets some of the world’s most respected and best-loved American craft beers.The company is home to three of the earliest pioneers in craft beer: Redhook Ale Brewery, Washington’s largest craft brewery founded in 1981; Widmer Brothers Brewing, Oregon’s largest craft brewery founded in 1984; and Kona Brewing Company, Hawaii’s oldest and largest craft brewery founded in 1994. As part of Craft Brew Alliance, these craft brewing legends have expanded their reach across the U.S. and more than 15 international markets. In addition to growing and nurturing distinctive brands rooted in local heritage, Craft Brew Alliance is committed to developing innovative new category leaders, such as Omission Beer, which is the #1 beer in the gluten free beer segment, and Square Mile Cider, a tribute to the early American settlers who purchased the first plots of land in the Pacific Northwest. Publicly traded on NASDAQ under the ticker symbol BREW, Craft Brew Alliance is headquartered in Portland, OR and operates five breweries and five pub restaurants across the U.S. For more information about CBA and its brands, please visit www.craftbrew.com.
- ANNUAL PRODUCTION
Craft Brew Alliance, Inc. (“CBA”) (Nasdaq: BREW), a leading craft brewing company, announced today the release of its fourth Annual Sustainability Report, providing an in-depth look at the company’s accomplishments in three focus areas: carbon intensity, waste prevention, and local community giving.
One day after reporting portfolio-wide shipment declines of 6 percent for 2016, Craft Brew Alliance executives held a call with investors and analysts to explain the company’s performance and provide their outlook on an industry in the midst of “revolutionary change.” “I won’t mince words,” Craft Brew Alliance CEO Andy Thomas said at the beginning of the call. “It’s messy out there.”
After delaying its official 2016 earnings release by nearly three weeks, Craft Brew Alliance today issued fourth-quarter and full-year 2016 results, reporting a portfolio-wide shipment decline of 6 percent despite continued growth for the company’s Kona Brewing brand. Kona shipments increased 13 percent in 2016 while depletions grew 17 percent, but significant declines across the Widmer and Redhook brands resulted in overall “flat” depletion trends in 2016.
Widmer Brothers Brewing is adding PDX Pils to its array of award-winning packaged beers. The hoppy Pilsner will join the brewery’s year-round line up and will be available in six-packs and on draft throughout Oregon and Washington.
A pair of California consumers are alleging Craft Brew Alliance tricked them into paying more for Kona beer by marketing it as brewed in Hawaii. The 56-page complaint, filed Tuesday by the Wand Law Firm, details how Craft Brew Alliance allegedly used “false and deceptive advertising” to dupe consumers about the origin of Kona Brewing Co. beer sold in the U.S.
Redhook Brewery is bringing back its fan-favorite Big Ballard Imperial IPA in 22-ounce bottles and six-packs, which will be available year round throughout Washington State. To celebrate the beer’s return, Redhook will host an open house launch party at fellow Washington original Filson’s Ballard location.
Kona Brewing Company is proud to announce its newest year-round beer, Hanalei Island IPA, is now available nationwide, starting today.
Is the beer business headed for a “Trump moment?” That’s the question Craft Brew Alliance CEO Andy Thomas posed this week to a room of beer industry professionals attending the annual Beer Business Daily Summit in San Diego.
Craft Brew Alliance has appointed two Anheuser-Busch InBev executives to its board of directors, according to a press release issued last week.
After launching exclusively in its home state of Hawaii in August 2016, Kona Brewing Company is proud to introduce its newest year-round beer, Hanalei Island IPA, to the U.S. mainland starting today in California. Hanalei Island IPA is a refreshing fruit-forward IPA created in honor of the lush Hawaiian Island of Kauai, also known as the Garden Isle, and Hawaii’s beloved classic POG juice, a blend of passionfruit, orange and guava.
Craft Brew Alliance today announced it has signed a letter of intent to purchase a 24.5 percent stake in Miami upstart Wynwood Brewing Company. The deal, which is valued at less than $30 million, is expected to close in the first quarter of 2017.
We’re less than 24 hours away from the 2016 Brewbound Session in San Diego, and it’s time to introduce our presenters and judges for Startup Brewery Challenge 7, our on-of-a-kind business pitch competition presented by Craft Brew Alliance. Six craft brewery entrepreneurs who have been on the market for two years or less will take the stage tomorrow to show off their business plans, sample one core product offering and receive immediate feedback from a panel of five expert judges.
Are you a new brewery owner? Do you want to win $5,000 and take an all-expenses-paid trip to Beervana? Interested in brewing a specialty batch of beer at the new Widmer Brothers innovation brewery? On Dec. 1, at the Brewbound Session conference in San Diego, six craft brewery entrepreneurs who have been on the market for two years or less will have an opportunity to participate in Brewbound’s one-of-a-kind business pitch competition — Startup Brewery Challenge 7, presented by Craft Brew Alliance.
Year Round Beers
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