Investors sold off Craft Brew Alliance (CBA) shares today after the company, which produces Kona, Widmer, Redhook and Omission brands, released disappointing third quarter earnings yesterday. During an investor call following up the earnings report, CEO Terry Michaelson expressed his dissatisfaction with the company’s overall return.
NEW ULM, MN. – The August Schell Brewing Co. (www.schellsbrewery.com), the second-oldest family-owned brewery in the country, brewer of Schell’s and Grain Belt, is launching its newest addition to its lager lineup November 14th. The latest addition to the portfolio, Chimney Sweep, joins an already powerful lineup of lagers that continue to quench the demanding… Read more »
WOODINVILLE, WA – Less than a month after scoring some hardware at the Great American Beer Festival in Denver, Redhook has added three more medals to his trophy case. Three Redhook brews — ESB, Winterhook and Ben Harris Beer — were recognized as some of the best in their respective categories at the 16th Annual… Read more »
BOULDER, CO — After five consecutive years of hosting SAVOR?: An American Craft Beer & Food Experience in Washington, D.C., the Brewers Association is bringing the event to New York City. In 2013, SAVOR will be held on June 14 and 15 at the Metropolitan Pavilion and adjoining Altman Building in Manhattan. The two-night event… Read more »
PORTLAND, OR — Craft Brew Alliance, Inc. (“CBA”) (Nasdaq: BREW), an independent craft brewing company, reported net sales of $127.4 million and net income of $2.2 million for the nine months ended September 30, 2012, as compared with net sales of $114.3 million and net income of $9.4 million a year ago, which included an… Read more »
PINEHURST, NC — Slammin’ Sam Beer Company announces that the championship courses at World Golf Village Resort are the first Florida locations to join the rapidly growing list of premier facilities serving Slammin’ Sam, a craft-brewed premium American lager inspired by the late Sam Snead, one of golf’s greatest gentlemen and champions.
Denver Beer Co. has one very important on-premise account — itself. The startup brewery, which launched in August 2011 and produces all of its beer for draught, sells 99 percent of it through the company’s own tap lines, according to co-founder Patrick Crawford.
Chairman of the Brewers Association Board of Directors, Sam Calagione, announced the winning candidates of the recent Board of Directors election, on the Association’s Forum. Each member’s new term will start at the first board meeting of the year, which is scheduled for February 2013, and will serve a three-year term.
CHICAGO – Rexam, a global leader in beverage can manufacturing, recently produced its 100-millionth 24 oz. can for The Genesee Brewery — one of the oldest and continually operating breweries in the U.S.
FORT COLLINS, CO — New Belgium Brewing today announced that Tour de Fat, the traveling tour of bikes, beer and philanthropy, raised more than $500,000 for local nonprofits this year, the most money ever generated in one season. The money came from beer and merchandise purchases and the cars donated in each city through the… Read more »
ESCONDIDO, CA. – Stone Brewing Co. has contributed more than $400,000 to charity in 2012, thanks to loyal fans, dedicated volunteers, compatriots in craft brewing, and a stellar group of Team Stone employees. As with previous years, 2012 was packed with charitable endeavors that benefited a variety of organizations across the U.S.
PEORIA, A.Z. — The Arrogant BrewerÔäó, LLC today announced they are holding an Evening with the Brewer to celebrate the kick-off of their private offering. This by invitation only event on November 10, 2012, of friends, associates and supporters will feature seven selections of hand-crafted beers paired with samples of the gourmet offerings of Executive… Read more »
AMSTERDAM – Heineken N.V. (‘HEINEKEN’) today announced that the Competition Commission of Singapore (the ‘CCS’) has granted clearance for the acquisition by Heineken International B.V. (‘HIBV’) of Fraser and Neave, Limited’s (‘F&N’) direct and indirect interests in Asia Pacific Breweries Limited (‘APB’) and F&N’s interest in the non-APB assets held by Asia Pacific Investment Private… Read more »
Here’s something a lot of craft brewers don’t like to share: They are every bit as interested in learning what Tenth and Blake — MillerCoors’ craft arm – can do for their businesses as MillerCoors is interested in talking to them about a partnership.