After nearly 13 years at the helm of Rogue Ales & Spirits, owner and president Brett Joyce will depart the company at the end of the year. Current general manager Dharma Tamm, who joined the Oregon-headquartered organization in January 2017, will supplant Joyce. Speaking to Brewbound, the 45-year-old Joyce, who will maintain an ownership stake and remain on the company’s board, cited personal reasons for the decision to step away from the day-to-day operations.
In episode six of the Brewbound Podcast, editor Chris Furnari and Dogfish Head co-founder Sam Calagione discuss how his company is “navigating the noise” of 7,000 small breweries, how other craft breweries can grow without taking on too much debt, and how Dogfish Head has financed its own expansion in recent years. Calagione also explains the benefits of remaining a small, taproom-focused brewery in today’s competitive marketplace, why he is bullish on the Brewers Association’s independent craft brewer seal, and how he envisions the marketplace evolving in the coming years.
Rob Sands will step down as CEO of Constellation Brands on March 1, 2019, the New York-based alcohol beverage company announced today. Assuming the role from Sands will be Bill Newlands, who joined Constellation as chief growth officer in 2015 and took over as president from Sands in February.
Brewbound, a leading trade publication covering the beer industry, today announced the next wave of speakers who will take the main stage during its two-day Brewbound Live business conference in November. Newly announced speakers include Three Weavers Brewing founder Lynne Weaver, Melvin Brewing co-founder Jeremy Tofte and Brooklyn Brewery CEO Eric Ottaway, among others.
In a move that will expand its U.S. distribution footprint to 29 states, Brooklyn Brewery announced Monday that it would begin selling beer in Colorado next month. The New York-based craft brewery, which also sells its products in 30 countries, is partnering with Elite Brands on the Front Range and High Country Beverage in Northern Colorado and the Western Slope. It plans to sell flagship Brooklyn Lager, as well as Bel Air Sour, Defender IPA, seasonal offerings, and draft-only releases.
Following a bankruptcy auction held last Friday, Pennsylvania’s Helltown Brewery has emerged as the highest bidder for a majority of the assets of Pittsburgh’s Rivertowne Brewing. After filing for bankruptcy in May, Rivertowne was put up for auction earlier this month with bids starting at $1.35 million. Helltown placed the winning bid of $2.1 million for Rivertowne’s Export, Pennsylvania-based brewery and land, as well as assets at its Verona and Monroeville brewpubs. The company, which acquired the Rivertowne brand through the auction and plans on continuing to brew some of its labels, is still awaiting final approval from a judge overseeing the case.
Remarkable Liquids, a craft beer-focused wholesaler based in Albany, New York, has expanded beyond its borders. The company last week announced that it had launched statewide distribution of 15 brands in neighboring New Jersey. Interest from Remarkable’s existing suppliers, as well as Garden State retailers, pushed the distributor to expand its service area outside of its home state, according to partner Matt Hartman.
William “Bill” Coors, the former chairman of the Adolph Coors Company, died Saturday at the age of 102. Coors, the grandson of Adolph Coors and heir to the family brewing business, died at his home, according to a statement released by Molson Coors. “Our company stands on the shoulders of giants like Bill Coors,” Molson Coors president and CEO Mark Hunter said in statement.
Wormtown Brewery CFO Kary Shumway breaks down the viability of taproom-focused brewery business models while explaining the financial and marketplace factors that can impact profitability.
In this week’s edition of Last Call: A study finds the economic impact of San Diego brewers exceeds $1 billion; the Brewers Association analyzes GABF winners; a price-fixing probe in India snares A-B InBev, Carlsberg and United Breweries; and more news from the week.
In episode five of the Brewbound Podcast, editors Chris Furnari and Justin Kendall sit down with Weaver to discuss her partnership with Canarchy, opportunities to grow craft beer sales in Los Angeles, and why Three Weavers initially chose to build its brand on-premise as a draft-only brewery.
Reyes Beverage Group has struck a deal in Virginia that will make it the Mid-Atlantic region’s largest beer wholesaler. Premium Distributors of Virginia, a Reyes subsidiary, has reached an agreement to acquire the assets of Richmond-based Loveland Distributing Company, Reyes announced in a press release.
Craft Brew Alliance’s nearly four-year-long strategy of partnering with smaller brands has officially culminated with three separate purchase agreements that, combined, will cost the company less than $45 million. CBA, a publicly traded craft brewery group headquartered in Portland, Ore., today announced that it would wholly acquire Massachusetts’ Cisco Brewers, North Carolina’s Appalachian Mountain Brewery and Miami’s Wynwood Brewing.
Nearly 30 months after first announcing plans to build a new production facility in Sonoma County, Russian River Brewing Company will open its nearly $50 million, 85,000 sq. ft. brewery, taproom and restaurant on Thursday, October 11.