Craft beer industry news.
Castle Island Brewing Company debuted Ride n’ Glide, the latest beer in its rotating series this week. A rye pale ale, Ride n’ Glide features Citra and Cascade hops and has a spicy finish due to the large amounts of malted rye in the recipe.
Second Self Beer Company, the craft brewery based in Atlanta, Georgia, will release its cold weather seasonal Junipa (6.4% ABV) this November. A spruce beer inspired by gin, Junipa returns in 2018 with a new recipe, featuring ingredients such as juniper and rosemary.
Boston Beer Company today reported its 2018 third-quarter earnings results, which were highlighted by a 24.2 percent increase in net revenue, to $306.9 million. The company — which makes the Samuel Adams, Angry Orchard, Twisted Tea, and Truly Spiked & Sparkling products — credited the revenue growth to a 23.5 percent increase in shipments during the quarter, which ended September 29.
Widmer Brothers is teaming up with Lyft on a limited-release beer, “Closing Time IPA,” a sessionable IPA that will be released in 16-ounce cans at select bars and taverns across the Portland metro area just in time for Halloween.
Despite ongoing shipment and depletion declines in the United States, Anheuser-Busch InBev’s global revenues were up 4.6 percent through the first nine months of 2018. A-B, the world’s largest beer manufacturer, posted global revenue growth of 4.5 percent, to more than $13.2 billion, during the third quarter, as revenue per hectoliter increased 4.2 percent. The company’s gross profit increased 3.5 percent, nearly $8.3 billion.
Braven Brewing Company, a craft brewery based in Brooklyn, NY, recently opened its first brick and mortar brewery, bar, and restaurant in Bushwick at 52 Harrison Place.
In episode seven of the Brewbound Podcast, Hare takes a deep dive into his company’s complicated four-year process of becoming a licensed Texas brewpub, and why he feels the state’s confusing direct-to-consumer sales laws need modernizing. Hare also discusses how he’s financed Hops & Grain’s growth, why he feels Texas beer wholesalers wield too much power and why current Texas alcohol laws make it difficult for upstart breweries to breakout.
Fretboard Brewing Co. is releasing its first collaboration beer with renowned 125 year old Cincinnati, Ohio bakery, Klosterman Baking Company, who specializes in true hearth style breads.
Nickel Brook Brewing announced that it will be donating a portion of all November sales of its Cheeky Bastard Stout to the Movember Foundation.
A collaboration of Petainer, KHS Japan and Mitsubishi Chemicalto developed the new DLC keg to be the most environmentally-friendly yet, specifically designed to meet the strict recycling requirements in Japan, while delivering to the high quality and market standards.
A federal judge in Washington, D.C., has signed a “Modified Final Judgment” that officially clears Anheuser-Busch InBev’s $100 billion purchase of rival SABMiller more than two years after the Department of Justice initially green-lit the acquisition. U.S. District Judge Emmet G. Sullivan on Monday ruled that A-B InBev complied with requirements of the Antitrust Procedures and Penalties Act, and he approved a number of new conditions that he said are “in the public interest.”
Cincinnati’s Fifty West Brewing Company has quickly established itself as brand to watch. The Ohio-based craft brewery, which opened its doors in 2012, topped market research firm IRI’s list of new vendors in supermarkets, with off-premise dollar sales of nearly $214,000, for the 27 weeks ending July 8, IRI director of client insights Patrick Livingston shared during last month’s Brewers Association Power Hour.
Melvin’s Stay Tuned Pale Ale pairs with the film like figure eights with its light, copper malt body as the foundation for stacks on stacks of resinous hop layers: tropical trail mix, light stone fruit, and whiffs of blond tobacco prevail.
Trillium Brewing Company today announces the opening of their new restaurant and brewery in Boston’s Fort Point neighborhood.
