Craft beer industry news.
Inflationary pressures that tamped down orders in June are persisting into July, as total beer contracted for the second month in a row, according to the National Beer Wholesalers Association (NBWA), which released its monthly Beer Purchasers’ Index (BPI) today.
Anheuser-Busch InBev reported +11.3% revenue growth and +3.4% volume growth globally for the second quarter of 2022. “Our business delivered sustained profitable growth,” CEO Michel Doukeris said in a press release. “Our volume increased by 3.4%, our top-line by 11.3% and EBITDA by 7.2%. The relentless execution of our strategy, the strength of our brands and accelerated digital transformation enabled us to meet the moment in an ongoing dynamic operating environment.”
After weeks of anticipation, Maui Brewing is officially moving forward with its acquisition of San Diego’s Modern Times Beer.
A federal judge has denied Molson Coors’ attempt to toss a $56 million jury award to Stone Brewing in the San Diego craft brewery’s trademark infringement lawsuit over the 2017 refresh of Keystone Light packaging, according to an order filed Tuesday.
Night Shift leadership told its 12 production employees their jobs could dry up as early as today, as the company prepares to wind down brewing and packaging operations at its Everett, Massachusetts location. The company will shift to contract production at Framingham-based Jack’s Abby Craft Lagers and Pawtucket, Rhode Island-based Isle Brewers Guild (IBG), which had been producing about 50% of Night Shift’s volume.
Riverbend Malt House announced that installation of its new 10 metric tonne Germination Kiln Vessel (GKV) was completed this week, with first malt production from the unit expected in coming weeks.
Off-premise beverage-alcohol sales have begun to soften after summer holiday peaks, recording the lowest absolute dollars since May in the week ending July 17, according to market research firm IRI.
Ska Brewing is ready for Oktoberfest early this year— blame it on the early fall colors to be found in the San Juan Mountains that the brewery calls home.
We’re celebrating 10 years of experimenting with flavours, pushing the boundaries of Chinese craft beer, working with local artists and musicians, and partying with our fans in Beijing and beyond.
The Bronx Brewery has announced its market expansion across Puerto Rico this week.
Bump Williams Consulting’s Dave Williams and Brian “BK” Krueger break down craft’s performance at the halfway point of 2022 and the opportunities available to suppliers. Williams and Krueger also shared insights on craft’s top growth area hazy and imperial IPAs.
U.S. brewers shipped an estimated 16 million barrels of beer in June 2022, a -3.3% decline (or -540,652 barrels of beer) compared to June 2021, the Beer Institute reported, citing domestic tax paid shipments from the Alcohol and Tobacco Tax and Trade Bureau (TTB).
Bell’s Brewery announced that its annual Raise a Wing event has returned for a third year, teaming up with Meals on Wheels America in support of the organization’s urgent mission to empower its local community programs and improve the health and quality of life of seniors, so no one is left hungry or isolated.
Twisted Tea Hard Iced Tea, the nation’s No. 1 hard iced tea brand1, is partnering with Sesame3, a web3 platform for brands, to launch its first-ever NFT.
