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Craft beer industry news.

DME Receivership Leaves Hundreds of Craft Brewers in Limbo

DME Receivership Leaves Hundreds of Craft Brewers in Limbo

Nearly 26 months after the merger of Canadian brewing equipment manufacturers Diversified Metal Engineering (DME) and Newlands Systems, the combined company has fallen into receivership after defaulting on loan payments to the Royal Bank of Canada (RBC). DME Group’s financial troubles have left hundreds of of North American craft brewery owners who had already shelled out millions of dollars in equipment deposits in limbo.

Heavy Seas Beer Announces 2019 Release Lineup

Heavy Seas Beer is pleased to announce several new additions and exciting changes to its portfolio in 2019. Citra Cannon IPA, Sun Burst Sour Ale, and Night Swell Dark IPA will be introduced as limited releases.

3 Breweries Collaborate to Create ‘Brut Wayne’ IPA

Long time buddies and brewers from Mason Ale Works, Kern River, Eagle Rock Brewery have partnered together to create one amazing beer. A beer brewed with three unique hops from all over the world, “Brut Wayne” Brut IPA.

Brewbound Podcast Episode 14: Sizing Up Hard Seltzer with the Founders of Briggs

Brewbound Podcast Episode 14: Sizing Up Hard Seltzer with the Founders of Briggs

In episode 14 of the Brewbound Podcast, Michael Kurson and Neil Quigley, the founders of Briggs Hard Seltzer, discuss their offerings – which are made with 100 percent real fruit — the emerging spiked seltzer category, and the opportunities they see for a higher-end brand in the market.

Chatham Brewing Releases Spike Devil Porter

Chatham Brewing, Columbia County’s first and finest brewery in New York’s upper Hudson Valley, has released its seasonal porter, Spike Devil. This porter is now available in cans and draft throughout the greater Hudson Valley and Capital Region areas through the holiday season.

Highland Brewing Company Releases Starchaser White

Highland Brewing Company is happy to announce the release of Starchaser White, the latest addition to the company’s year-round line-up. Originally released earlier this year as a summer seasonal, this Belgian-inspired white ale is brewed with coriander, candied ginger, and grapefruit peel.

Civic Exchange Society Releases CES-003 Sensible Work Black Tea Porter

Civic Exchange Society (CES) is releasing CES-003 Sensible Work Black Tea Porter, the third and final release in its 2018 line of craft beverages. This black tea porter is a robust and toasty porter with aromatic notes of stone fruit and fine cured tobacco.

Drizly Lands $34.5 Million in Series C Funding

Drizly Lands $34.5 Million in Series C Funding

Drizly, a Boston-based on-demand alcohol delivery company, has secured another $34.5 million as part of a Series C fundraising round, according to a December 10 SEC filing. The round was led by New York-based hedge fund Tiger Global Management, Brewbound confirmed.

Cigar City Brewing Expands Distribution to Ohio

Following a record year for sales and growth in 2018, Cigar City Brewing (CCB) has announced its expansion into the Ohio market in January 2019. Jai Alai IPA and Guayabera Citra Pale Ale will be available in both kegs and 12oz cans.

Brewery Openings on the Rise in Major U.S. Population Centers, BA Reports

Brewery Openings on the Rise in Major U.S. Population Centers, BA Reports

U.S. cities with populations in excess of 5 million have seen the most percentage growth of brewery openings in the past five years, according to Brewers Association chief economist Bart Watson. Watson, who took to the BA blog with data compiled from the 2010 U.S. Census Bureau and brewery zip code locations, found a 183 percent increase in the number of breweries per 100,000 people in cities of more than 5 million people.

Great Notion Brewing Releases Bourbon Barrel Double Stack

Notion Brewing & Barrel House (GNB), best known for its hazy, fruit-forward IPAs and “culinary-inspired” sours and stouts, today announces its highly-anticipated Bourbon Barrel Double Stack (BBDS) will go on sale Saturday, December 15th.