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Portland · Oregon · Proprietor

Brewery news

Craft Brew Alliance Launches Widmer Brothers Dreifecta Summer Seasonal

With a Pacific Northwest scorcher on the horizon, Widmer Brothers is introducing its new summer seasonal Dreifecta, a refreshing German-Style Pilsner made with a special blend of three hops and three malts. At just 5% alcohol by volume, this hoppy pilsner with a crisp, dry finish is the easy-drinking beer that fans can reach for all summer long.

Last Call: President Trump to Impose New Tariffs on Mexico; North Coast Co-Founder Retires

In this week’s edition of Last Call: Nearly two weeks after lifting aluminum and steel tariffs imposed against Mexico and Canada, President Donald Trump has reversed course and announced plans to levy a 5 percent duty on all goods from Mexico over immigration — bringing the issue back into the taproom. Plus, North Coast co-founder Mark Ruedrich announces his retirement.

CBA Shareholder Pressures Board to Consider Sale

A minority activist investor in Craft Brew Alliance (NASDAQ: BREW) has sent a letter to the brewery’s board of directors urging the company to consider a sale. David Cohen, the founder of Boston-based private investment fund Midwood Capital Management LLC — which owns about 2 percent of CBA’s outstanding shares and currently has about $70 million under management across 20 different small cap-stocks — believes CBA “must seek a sale to maximize shareholder value.”

CBA Hopes March Madness Spend on Kona Will Accelerate 2019 Sales

Craft Brew Alliance hopes its marketing efforts in the first part of the year built a “strong foundation” for continued growth throughout the rest of 2019, CEO Andy Thomas said during Thursday’s first quarter earnings call with investors and analysts.

CBA Earnings: Net Income Suffers Amid Kona Labeling Suit

Craft Brew Alliance today reported its first quarter earnings results, which included a net income loss of $7.3 million and a 5 percent decline in total depletions. The net income loss was primarily driven by the previously disclosed $4.7 million charge that CBA elected to record as a result of settling a years-long class-action lawsuit over alleged “false and deceptive advertising” of its Kona Brewing beer brand.

Cisco Brewers to Open Boston Beer Garden on May 14

Cisco Brewers is back by popular demand with a second season of its “Island Vibes” pop-up featuring more award-winning craft beer and wines, more live music and even more food trucks. The larger Cisco pop-up space lands in Seaport this spring; beer lovers, families, and fur-babies can enjoy “Island Time” six days a week with live music daily.

Craft Brew Alliance Agrees to Settle Kona Labeling Dispute

Craft Brew Alliance (CBA) has agreed to settle a years-long class action lawsuit over alleged “false and deceptive advertising” of its Kona Brewing beer brand. In an SEC filing, the publicly traded Portland, Oregon-based craft beer company said it expects to incur costs of about $4.7 million to settle the dispute, which surfaced in early 2017.

Craft Brew Alliance Expands Availability of Appalachian Mountain Brewery Across South Atlantic

Appalachian Mountain Brewery (AMB) is now making three of its Great American Beer Festival (GABF) award-winning beers available to more fans in more package sizes across the South Atlantic. Over the past two years, the Boone, N. C.-based AMB has racked up multiple awards, including two gold medals and one silver medal from the GABF competition, for its Not an IPA (P.S. It’s an IPA), Lager, and Boone Creek Blonde.

Washington’s Craft Brewing Industry Contributes $1.4 Billion to State Economy

Washington’s craft brewing industry contributed $1.4 billion to the state’s economy in 2017, according to an economic impact report released Tuesday by the Washington Beer Commission. The study, conducted by Seattle-based research firm Community Attributes Inc, found that the state’s 382 breweries produced 582,400 barrels, generated $581.4 million in revenue and employed 6,300 workers in 2017.

To Attract Health-Conscious Consumers, Brewers Focus on Functional Ingredients

Bee Pollen. Quinoa. Pink Himalayan sea salt. You wouldn’t ordinarily expect to find these ingredients listed on a beer label, but increasingly brewing companies are pushing more “functional” offerings as they look to appeal to consumers seeking healthier alcohol options. It’s a new approach for a growing number of craft breweries, who for years have churned out calorie-dense, barrel-aged stouts, and high-octane IPAs.