As Craft Brew Alliance (CBA) continues to execute on a Kona-Plus strategy that led to 10 percent depletion growth for the Hawaiian-themed brand in 2017, CEO Andy Thomas is working to transform the publicly traded craft beer company into a “smaller, but healthier” organization that prioritizes profitability over increased shipment volumes.
In this week’s edition of Last Call: Constellation Brands-owned Ballast Point announces plans to consolidate its operations in Miramar; Epic Brewing recalls a batch of beer; A-B releases its Bud Light “Dilly Dilly” ad; and more.
Brewbound, a leading trade publication covering the beer industry, is announcing that Dogfish Head Craft Brewery has signed a two-year agreement to become the official beer of the Brew Talks meetup series. As the exclusive brewery partner, Dogfish Head will serve attendees a selection of its brews, including Liquid Truth Serum IPA, and the company’s key executives will participate in the panel discussions.
As Sunday’s Super Bowl matchup between the New England Patriots and the Philadelphia Eagles unfolds on the field, Anheuser-Busch InBev will be attempting to capture viewers’ attention by running six ads during the commercial breaks.
New Belgium Brewing today announced the hiring of Shaun Belongie as its new vice president of marketing. Belongie, who joined the Colorado-headquartered craft brewery earlier this month, replaces Ruairi Twomey, who departed last July.
Columbia Distributing, one of the largest beverage wholesalers in the U.S., today announced it would acquire Oregon City’s General Distributors for an undisclosed sum. The transaction, which is set to close on March 31, will add approximately 3 million cases to a multi-state Columbia business that surpassed 62 million cases in 2016.
2017 was historically bad for U.S. brewers, who shipped 3.8 million fewer barrels of beer than the previous year, according to the Alcohol and Tobacco Tax and Trade Bureau’s (TTB) unofficial estimate of domestic tax paid shipments. According to industry trade association the Beer Institute (BI) — which represents the interests of all brewers and importers and publishes the TTB’s monthly estimates — U.S. beer companies shipped about 170 million barrels of beer in 2017, compared to nearly 174 million barrels in 2016.
When Baxter Brewing opened inside of the 168-year-old Bates Mill Complex in Lewiston, Maine, in 2011, the state did not allow breweries to sell beer directly to drinkers for on-premise consumption. State laws loosened in 2012, but Baxter – which is ranked as the third-largest brewery in Maine — had already dedicated the vast majority of its facility to production.
Following last year’s sale of Asheville’s Wicked Weed to Anheuser-Busch InBev, 23 North Carolina breweries have banded together to form the Charlotte Independent Brewers Alliance (CIBA), a non-profit membership group aimed at distinguishing local beer and cider makers from their competitors.
In this week’s Press Clips: Buffalo Wild Wings tests alcohol delivery in California; Old Town settles its trademark dispute with the city of Portland; a new study says alcohol sales lag in medical marijuana states; and more.
New York-based private equity firm Verus Investment Partners has sold the 156-year-old Pittsburgh Brewing Company to an undisclosed buyer. Specific financial terms of the deal were not disclosed.
San Diego’s Ballast Point Brewing will open the first on-site brewery in Anaheim’s downtown Disney District at Disneyland Resort this fall. The Disney taproom is the seventh Ballast Point location in Southern California — and first in Orange County — for the Constellation Brands-owned craft brewery. The move is part of the beer company’s ongoing strategy to grow the Ballast Point brand through local outposts both in California and across the country.
After growing two percent in 2017, Canarchy Craft Brewery Collective – a consortium of beer companies formed by Oskar Blues and Fireman Capital Partners following investments in Cigar City Brewing, Perrin Brewing and Utah Brewers Cooperative – has brought in a pair of C-level executives to “develop necessary and scalable infrastructure” within the organization.