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Craft beer industry news.

Coronado Brewing Targets High Single-Digit Growth in 2020

Coronado Brewing Targets High Single-Digit Growth in 2020

Coronado Brewing Company is poised for “planned strategic growth” in 2020, the company’s new CEO James Murray told Brewbound. According to Murray, the company’s projections for the year include 5% to 10% depletions (sales to retailers) growth. In 2019, Coronado sold 35,100 barrels, an 8.1% increase from the 32,471 barrels sold in 2018.

Michigan Brewers Guild Announces 2020 Board of Directors

The Michigan Brewers Guild recently elected its 2020 Board of Directors at its annual meeting, January 9, at the Kalamazoo Radisson Plaza Hotel. Each board position is a two-year term, elected in alternating years (4, 3).

IRI: Off-Premise Beer Sales Top $37 Billion in 2019

IRI: Off-Premise Beer Sales Top $37 Billion in 2019

Total beer dollar sales in 2019 increased to $37.2 billion in U.S. off-premise retailers, according to market research firm IRI. The Chicago-based market research firm, which tracks category-wide sales at major off-premise retailers, reported a 5.2% increase in beer dollar sales, and a 2.3% increase in volume sales at multi-outlet and convenience (MULC) stores (grocery, drug, club, dollar, mass-merchandiser and military) through December 29.

Pabst Launches Craft Beer Brand, Captain Pabst, with Flagship IPA

Pabst Launches Craft Beer Brand, Captain Pabst, with Flagship IPA

Pabst Brewing Company is launching a line of craft beers, as the craft segment has matured and sales of craft offerings have slowed to low single-digit growth. The Los Angeles-headquartered maker of Pabst Blue Ribbon announced today the launch of Captain Pabst, a standalone craft beer brand outside of the PBR family, and the launch of its flagship offering, Seabird IPA, in Wisconsin and Illinois.