Craft beer industry news.
Following a tremendous year, which included the arrival of a new 30-barrel 4-vessel steam brewhouse, 180+ unique beers produced including 21 barrel-aged bottle releases, and 33 beer collaborations, WeldWerks Brewing Company is excitedly looking ahead to 2024.
Nearly seven months after the dissolution of its proposed merger with Cape May Brewing, Flying Fish Brewing filed for Chapter 11 bankruptcy late last month. The brewery listed nearly $9.3 million owed to secured and unsecured creditors and nearly $1.3 million in assets, according to documents filed in the U.S. Bankruptcy Court for the district of New Jersey.
Central Virginia’s Stable Craft Brewing rings in 2024 with new tasty craft beers and ciders, delicious farm fresh cuisine and exciting new promotions.
Boulevard Brewing Company is expanding its lineup of non-alcoholic offerings with the addition of two new products just in time for dry January.
Landing in a wholesaler’s warehouse is a big win for a supplier, but it’s often just the first step in a journey that ultimately ends in a consumer’s fridge. Stone Distributing general manager Brian Fried, Breakthru Beverage California director of beer Sinead Carey and Tryon Distributing director of beer Elledge Davis shared the questions and tasks suppliers need to ask and accomplish along the way during the Brewbound Live business conference last month in Marina del Rey, California.
From the continued rise of the espresso martini to savory cocktails, 2023 was a year of bold flavors at the bar, so what’s in store for 2024? We polled experts in spirits, flavor innovation and mocktails about what trends are on tap for cocktails and ready-to-drink versions.
Tree House co-owners Nate Lanier and Damien Goudreau are denying allegations against them, filed in November by a minority shareholder, including claims they have misused company funds, failed to offer shareholder dividends, withheld tax documentation and more.
Wisconsin-based Badger State Brewing and Iowa-based Toppling Goliath Brewing have teamed up for a limited release beer dubbed “Tundra Conundrum”; a Hazy IPA brewed with HBC 1019 experimental hops.
The Parker 400 is proud to announce its new custom branded beer with Southern California’s independent brewing powerhouse Belching Beaver.
The deal environment within the craft brewing industry is “a bit slow” with “a lot of volatility, a lot of uncertainty,” which isn’t very conducive to dealmaking, Arlington Capital Advisors managing director Ryan Lake shared during the 2023 Brewbound Live business conference earlier this month.
Overall beer ordering contracted again in December after spending one month in expansion territory, according to the National Beer Wholesalers Association’s (NBWA) Beer Purchasers’ Index (BPI).
While the amount of bars and restaurants in operation has recovered to pre-pandemic levels, beer’s on-premise business has yet to bounce back, with keg volume expected to be 2.5 million barrels below where it should be by the end of 2023, according to the Brewers Association.
BuzzBallz founder Merrilee Kick, BeatBox Beverages co-founder Aimy Steadman and Stateside Vodka CEO Clement Pappas explore 4th category trends and opportunities, their growth philosophies and insights into their strategies. All panelists helm ready-to-drink brands with explosive growth.
The beer industry’s chief economists discussed beer’s data, challenges and opportunities. Bart Watson and Lester Jones, chief economists of the Brewers Association and the National Beer Wholesalers Association, respectively, shared the stage to provide an update on beer industry trends and the trajectory heading into 2024.
