Founders Brewing Co. is expanding its distribution footprint to include Oklahoma, Louisiana, and Arkansas, the company announced today. Beer is slated to hit retail shelves and tap lines throughout each of the new markets this April. Founders, which has expanding quickly of late from its home base in Grand Rapids, Mich., has signed distribution agreements… Read more »
The country’s largest craft brewery, Boston Beer Company, last week reported fourth quarter depletions growth of 20 percent and net revenue of $205.4 million, an increase of $52.4 million over the same period last year. The company’s full-year depletions grew 23 percent while production volumes increased 25 percent, to about 3.4 million barrels.
C. Dean Metropoulos, the veteran food industry investor who bought Pabst Brewing Co. back in 2010, is now in the early stages of trying to sell the 170-year-old brewery, according to Reuters. The Los Angeles-based producer of heritage beer brands like Pabst Blue Ribbon, Olympia and National Bohemian (Natty Boh), is expected to sell for… Read more »
As the saying goes, there’s more than one way to skin a cat. The same is true for building a distribution footprint for a beer brand. Some breweries build out from home and gradually move into bordering states. Others, like Austin, Texas.-based Adelbert’s Brewery, take an approach that’s seems akin to throwing darts at a… Read more »
In this afternoon’s IRI Power Hour conference hosted by the Brewers Assocation, Dan Wandel, principal of Beverage Alcohol Clients Insights for IRI, highlighted an “abundance of positive indicators” that surging growth of craft beer is set to continue through 2014 and beyond.
Forget May flowers. Brewers in California are hoping April showers bring steady, torrential downpours. The Golden State just recorded its driest year ever and if some heavy rain doesn’t fall soon, Bay Area craft brewers that rely on fresh water from the Russian River could be forced to find an alternative water supply, which could… Read more »
The Bruery, out of Orange County, Calif., has announced its plans to add a new brewhouse, bottling line and centrifuge in a brewery expansion that will nearly double its production capacity. The $3 million project, backed by bank loans and cash flow, is expected to be complete in 2015. The expansion, said brewery founder Patrick… Read more »
Electrical engineering conglomerate Siemens announced today it would launch a national advertisement highlighting how its automation technology has facilitated growth at The Saint Louis Brewery. The ad, titled, “American Manufacturing is Brewing Something Big,” features Siemens’ BRAUMAT Compact PCS7 system, which was used to automate Schlafly’s St. Louis brewhouse and double its production capacity.
Reyes Holdings has signed a letter of intent with the Coca-Cola Company to acquire the distribution rights in the “Chicagoland area,” Coke announced in a statement this morning. Reyes Holdings — which distributes products from MillerCoors and a number of craft breweries — will not become a bottling partner and will not be responsible for the manufacturing of any Coca-Cola products.
Over the years, Dogfish Head has made a habit of pairing its beer with music. The Milton, Del.-based brewery has built a reputation of crafting collaborative brews with the likes of Pearl Jam, Deltron 3030 and the Grateful Dead. And over the past six years, Dogfish Head has worked side-by-side with artists known for creating… Read more »
Detroit’s Atwater Brewing produced less than 30,000 barrels in 2013 but that hasn’t stopped president and CEO, Mark Reith, from embarking on a $15 million expansion project outside of his home state. Atwater is planning to build a 100,000-barrel, secondary production facility in Austin Texas, an emerging market with a “tremendous amount of opportunity,” Reith… Read more »
Sometimes, all it takes a good pie chart to really understand just how consolidated the beer industry has become. In a note to clients, Goldman Sachs broke down beer’s merger trends over the last decade. In its analysis, the investment bank found a beer industry that, in 2003, looked very different than today.
Oskar Blues Brewery is making good on a promise to aggressively expand its distribution footprint in 2014. The Longmont, Colo.-based craft brewery has signed a wholesale agreement with Wirtz Beverage Group and will enter Nevada on Monday, Feb. 24.
San Francisco’s 21st Amendment, which began producing beer under contract at Minnesota’s Cold Spring Brewing Company in 2008, is coming home. On Tuesday, 21st Amendment — a brewpub originally founded in 2000 by Nico Freccia and Shaun O’Sullivan — announced plans to build its own, $21 million brewing facility this year.
