Squatters founders Peter Cole and Jeff Polychronis’ PRC Restaurant Company, along with boutique investment firm Sentry Financial and local investors, acquired the Salt Lake Brewing Company from CANarchy.
Founders Brewing Company, new CEO Elton Andres Knight told Brewbound the company will focus on core innovations in 2022 and continue to build upon the company culture initiatives that the Grand Rapids, Michigan-headquartered craft brewery established over the last two years.
Molson Coors’ net sales increased +6.5% for the full 2021 fiscal year and +14.2% in the fourth quarter, the company reported today. The company posted net sales of $10.279 billion for the year that ended December 31. Worldwide, shipments (sales to wholesalers) declined -0.5% and brand volume (similar to depletions, which are sales to retailers) declined -1.7% over the course of the year.
54-40 Brewing Company, the popular microbrewery named after 19th century territorial boundaries, is expanding the distribution territory for its comfort-centered craft beers to the 49th parallel.
Talking Rain Beverage Company, the maker of Sparkling Ice Spiked™, is bringing vacation vibrations in a can to consumers this winter with the launch of Sparkling Ice Spiked Cocktails, the brand’s new cocktail-inspired hard seltzers that transport you to paradise with every sip.
The Craft Beer Marketing Awards (CBMAS) has expanded its worldwide judges panel to include more than 500 beverage and beer industry professionals from 24 countries, marking a true milestone in its third year of competition.
EverGrain Ingredients, an impact driven ingredient company created by AB InBev, is proud to announce that its entire portfolio of upcycled barley protein and fiber ingredients has received the Upcycled Food Association’s (UFA) certification.
Back by popular demand having successfully landed on earth last year, Beavertown’s first ever hazy low calorie beer is rejoining its specials range just in time for spring approaching, the weather getting warmer and everyone looking forward to enjoying a can in the park with mates.
Loverboy, one of the fastest growing alcohol brands that’s trailblazing new standards in the better-for-you and ready-to-drink beverage categories, continues to expand its robust product roster of Sparkling Hard Teas, Spritzes, and Canned Cocktails with the release of their newest innovation today – the Cosmopolitan.
Boston Beer Company announced the exit of one of its top executives, as well as offered a deep dive into its business across a pair of filings with the U.S. Securities and Exchange Commission Tuesday evening. In an 8-K filing, Boston Beer reported that Quincy Troupe, senior VP of supply chain, tendered his resignation on February 21.
Domestic tax paid estimates from the Alcohol and Tobacco Tax and Trade Bureau shared by the Beer Institute (BI) reveal a slow start to 2022. U.S. brewers shipped 12.3 million barrels of product in January 2022, a 6.2% decline (-815,000 barrels) compared to January 2021’s 13.1 million barrels, according to the estimates shared by the BI.