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Craft beer industry news.

Valuing Itself at $264 Million, Modern Times Seeks $1 Million via Wefunder

Valuing Itself at $264 Million, Modern Times Seeks $1 Million via Wefunder

San Diego’s Modern Times has turned to crowdfunding in an effort to raise more than $1 million, which it says will be allocated for the continued operation of its business, “minor efficiency projects” and equipment purchases, and continued expansion. In the process of posting the equity crowd raise via the Wefunder platform, the company has provided future investors and others throughout the beer industry with a peek under the hood of one of the fastest-growing craft breweries in the U.S.

Washington’s Craft Brewing Industry Contributes $1.4 Billion to State Economy

Washington’s Craft Brewing Industry Contributes $1.4 Billion to State Economy

Washington’s craft brewing industry contributed $1.4 billion to the state’s economy in 2017, according to an economic impact report released Tuesday by the Washington Beer Commission. The study, conducted by Seattle-based research firm Community Attributes Inc, found that the state’s 382 breweries produced 582,400 barrels, generated $581.4 million in revenue and employed 6,300 workers in 2017.

New Holland to Release Dragon’s Milk Triple Mash

New Holland Brewing Company has announced the highly anticipated return of Dragon’s Milk Triple Mash. Last released in 2017, the bourbon barrel-aged stout will be available once again—in Michigan only—starting Saturday, April 27.

Ficklewood Ciderworks Breaks Ground in Long Beach

Ficklewood Ciderworks has officially broken ground in the booming downtown area of Long Beach and will become the city’s first cidery. The building, once the only Department of Motor Vehicles in Long Beach during the 1930-40s, is being recast into Ficklewood Ciderworks.

Riverbend Malt House Releases Base Camp Extra Pale Malt

Riverbend Malt House has announced the immediate availability of its new “Base Camp Extra Pale” 2-row malt. Sourced from grain grown on local, family-owned farms, Base Camp joins the expanding family of 2-row base malts in the Riverbend craft malt product line.

Alfa Laval Launches Twin Screw Pump

Designed for handling fluids which are sensitive, abrasive, and either high or low viscosity, the Alfa Laval Twin Screw Pump is ideal for use in hygienic applications in the dairy, food and beverage, and personal care industries.

Video: Relive the 2019 Craft Brewers Conference

Video: Relive the 2019 Craft Brewers Conference

Last week, 14,000 beer industry professionals made their way to Denver, Colorado, for the annual Craft Brewers Conference, hosted by the Brewers Association (BA). During the event — which featured about 100 different seminars on topics ranging from diversity and inclusion to franchise law reform – leaders from the BA cautioned attendees about future growth prospects for the category.

CBC 2019: Diversity and Inclusion Discussions Take Center Stage

CBC 2019: Diversity and Inclusion Discussions Take Center Stage

Improving diversity and inclusion within the craft brewing industry was a recurring theme throughout last week’s Craft Brewers Conference (CBC) in Denver. During a Brew Talks panel discussion, Brewers Association diversity ambassador Dr. J. Nikol Jackson-Beckham argued that reaching out to customers beyond “white dudes with beards” is no more risky than mortgaging financial futures to start breweries.

Deep Ellum Brewing Company Releases Deep Summer Ale

Deep Ellum Brewing Company has released their crisp, pleasantly spiced summer seasonal, Deep Summer Ale, for distribution throughout the state of Texas on draft and in 6-packs of 12 oz. cans.

Funkwerks Adds Distribution in New York City

Funkwerks takes a bite of the Big Apple this week with the addition of New York City to its distribution footprint via Manhattan Beer Distributors and a series of launch events throughout the area.

Mahou San Miguel Releases 2018 Financial Results

Mahou San Miguel, a 100 percent Spanish family-owned company, consolidated its leadership in our country’s beer sector in 2018 with an increase in turnover, which rose for the fifth consecutive year to €1.2986 billion, 2.9 percent more than in 2017 and the highest in its history.