In an effort to broaden its innovation pipeline and grow its direct-to-consumer business, Maryland’s Heavy Seas beer will invest upwards of $2 million to expand its brewery and taproom. In an interview with Brewbound, brewery founder and managing partner Hugh Sisson said the project, which will be financed through a combination of cash flow and bank debt, would include the installation of a new 15-barrel pilot brewing system (for research and development) and a more robust canning line.
Less than a week after announcing a joint brewing venture in Hong Kong, Brooklyn Brewery and Carlsberg this week announced the acquisition of United Kingdom-based London Fields Brewery.
San Diego’s AleSmith Brewing Co.announces today its Hall of Fame Imperial San Diego Pale Ale .394 will be available in markets nationwide beginning in July.
Nickel Brook Brewing Co. announced plans today to build an exciting new facility to allow for the continued growth of their core and speciality brands. The decision to build a new, state-of-the-art brewery is a result of Nickel Brook’s exponential growth, with sales doubling every year since 2012. This new facility is planned for the Niagara wine region, while still maintaining the Funk lab facility in Burlington. Ryan Morrow will remain on as Nickel Brook’s Brew Master, and Patrick Howell will continue as the Head of Barrel Management.
In our latest edition of Brewbound Voices, Beer Business Finance founder Kary Shumway returns to discuss self distribution. Shumway has worked in the beer industry for over 20 years as a Certified Public Accountant and currently serves as the Chief Financial Officer for Clarke Distributors, Inc. in Keene, New Hampshire. In part II of his column for Voices, Shumway dives deep into the process of self distributing, discussing account and route building, proper cash flow management practices, the “hidden” costs of operating in a self distribution model and succession planning.
Tuesday marks the Fourth of July, a quintessentially American holiday when friends, neighbors, and family will celebrate the birth of our nation. To mark the United States’ 241st birthday, the Beer Institute—a national trade association for the American brewing industry, representing brewers of all sizes, as well as beer importers and industry suppliers—has announced its annual “Top Ten Facts about July 4th, America’s founders, and beer.”
Today, Tieton Cider Works, a farm-based craft cider company, announced they have released their summertime limited addition called “Bourbon Peach”. This follows a series of Norwest-based fruit selections that will be part of Tieton Cider Works’ seasonal draft offerings. Bourbon Peach is made with Northwest-sourced peaches and aged with bourbon barrel.
Upland Brewing Co. announces the next releases for their third sour ale lottery of the year. Public entries for these limited brews begin on July 20 and run through July 28, with two groups of winners chosen, who will be able to reserve bottles for purchase at the Wood Shop in Bloomington or the Indianapolis Tasting Room. The wood-aged sours in this lineup include Raspberry, Sour Reserve 8 and Luminary. Each beer will be available in 750ml bottles.
In our latest edition of Brewbound Voices, Beer Business Finance founder Kary Shumway returns to discuss self distribution. Shumway has worked in the beer industry for over 20 years as a Certified Public Accountant and currently serves as the Chief Financial Officer for Clarke Distributors, Inc. in Keene, New Hampshire. In part I of a two-part column for Voices, Shumway begins deconstructing the ins and outs of self distribution. He discusses the advantages and disadvantages of self distribution while profiling one brewery he believes is doing it well.
