News

As the craft beer industry navigates the complexities the COVID-19 pandemic has wrought on the on-premise channel, Brewbound is gathering leaders to discuss how brewers nationwide are approaching the circumstances. Join us this Thursday, April 16 at 3 p.m. ET for a live streamed virtual panel discussion with leaders from breweries in states where social distancing measures have not yet been put in place by state order.

Corvallis, Oregon-based Block 15 Brewing is expanding its 5-year-old self-distribution operation and creating Block 15 Distribution, an independent beer and coffee wholesaler, the company announced yesterday.

Anheuser-Busch InBev today announced several measures in response to the COVID-19 pandemic, including a $1 million donation to the U.S. Bartender Emergency Assistance Program and a 50% reimbursement for untapped, out-of-code beer through July 1.

By most metrics, small and independent craft brewing companies posted solid volume growth in 2019. However, the disruption caused by the COVID-19 pandemic, which has forced many craft brewers into “survival mode,” is overshadowing 2019’s growth.

Two months after Constellation Brands made a minority investment in Press Premium Alcohol Seltzer, the company’s chief commercial officer for its beer division, Bruce Jacobson, announced he is leaving the beer, wine and spirits company after 17 years to join the Milwaukee, Wisconsin-based hard seltzer maker.

Contrary to previous reports, some businesses with backing from private equity or venture capital firms are eligible for loans under the U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP).

Volume growth for the nation’s small and independent craft breweries held steady at nearly 4% in 2019, as the overall beer industry’s volume declined 2%, according to trade group the Brewers Association’s annual craft beer growth report.