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Craft beer industry news.

Founders Brewing and Tracy Evans Reach Settlement in Racial Discrimination Lawsuit

Founders Brewing and Tracy Evans Reach Settlement in Racial Discrimination Lawsuit

Founders Brewing Company and former employee Tracy Evans announced Thursday they have agreed to settle the racial discrimination lawsuit against the Grand Rapids, Michigan-based craft brewery. Terms of the settlement were not disclosed, and the lawsuit has been dismissed.

Bale Breaker and Washington Wild Release Brewshed IPA

Bale Breaker Brewing Company, a family-owned brewery located in the beautiful Yakima Valley, had announced its release of Brewshed IPA, a limited release collaboration with Washington Wild available exclusively in Seattle-area PCC stores.

Wasatch Brewery Refreshes Brand, Releases New Beers

Park City’s Wasatch Brewery announces an exciting design refresh, including updates to cans and secondary packaging. The revamped aesthetics align with an upcoming change in Utah legislation allowing stronger beer – from 4% ABV to 5% ABV – to be sold at convenience and grocery stores.

Paradox Beer Company Expands Distribution into Louisiana

Colorado-based Paradox Beer Company produces original and rare beers which honor the uncertainty of nature bound with rigorous quality testing, yielding one-of-a-kind flavors that sets them apart from other beers. The rich mountain terroir has allowed Paradox to harvest, propagate and now inoculate their beers with their own house-grown Brettanomyces.

Molson Coors CEO Discusses Restructuring Plans, New Hard Seltzer Launch During Q3 Earnings Call

Molson Coors CEO Discusses Restructuring Plans, New Hard Seltzer Launch During Q3 Earnings Call

Molson Coors’ future direction became more clear today following the announcement that the company will restructure its operations and slash its workforce. Prior to late July’s second quarter earnings call, the company announced that CEO Mark Hunter would retire at the end of September, and Gavin Hattersley, the CEO of U.S. business division MillerCoors, would… Read more »

Truly Hard Seltzer Boosts Boston Beer Company to Double-Digit Growth

Truly Hard Seltzer Boosts Boston Beer Company to Double-Digit Growth

Boston Beer Company reported strong earnings during its third-quarter earnings call Tuesday evening. The company reported depletions (sales-to-retailers) growth of 30%, 24% of which came from Boston Beer’s core brands and 6% of which came from Dogfish Head offerings.

Molson Coors Announces Plan to Restructure Business, Cut Workforce and Invest in New Brands

Molson Coors Announces Plan to Restructure Business, Cut Workforce and Invest in New Brands

Molson Coors today announced a sweeping restructuring and revitalization plan aimed at reinvesting $150 million annually in its core products, above-premium offerings, new innovations in the beyond beer space and digital capabilities. In order to achieve the savings, Molson Coors is consolidating its business units and office footprint and slashing its workforce.