Craft Beer News, Events & Jobs

Breaking Down the Latest Nielsen Insights

Breaking Down the Latest Nielsen Insights

Here’s a sobering statistic: One in six neighborhood bars have closed since 2004, according to a new Nielsen CGA report.

Study: U.S. Beer Industry Creates More than 2 Million Jobs

Study: U.S. Beer Industry Creates More than 2 Million Jobs

The U.S. beer industry is responsible for creating more than 2.23 million jobs that paid a combined $103.3 billion in wages and benefits, according to the findings of a joint study commissioned by the Beer Institute and the National Beer Wholesalers Association (NBWA).

First Look: Brewbound Session Summer 2017 Agenda

First Look: Brewbound Session Summer 2017 Agenda

We’re just three weeks away from the Brewbound Session Summer 2017, happening on June 15 in New York City, and we’re excited to share the agenda. Featuring thought-provoking conversations with craft brewery founders, interactive panel discussions with leading U.S. retailers, and engaging presentations from a wide-range of industry professionals, this year’s program will discuss the past, present and future of an ever-changing beer landscape.

Texas Brewers Fear Layoffs, Closures Following Senate Vote to Curtail Taproom Sales

Texas Brewers Fear Layoffs, Closures Following Senate Vote to Curtail Taproom Sales

In a clear win for beer distributors, the Texas Senate yesterday voted 19-10 in favor of a bill that, if signed by Governor Greg Abbott, would require breweries making more than 225,000 barrels annually to repurchase their own product from wholesalers in order to continue selling beer for on-premise consumption at their taprooms.

Regional Brewers Hit Hardest by Craft Slowdown

Regional Brewers Hit Hardest by Craft Slowdown

Production at 25 of the top 50 Brewers Association-defined craft breweries didn’t grow last year, according new data released today by the trade organization.

Last Call: Summit Retrenches; Meg Gill Defends Planned Golden Road Beer Garden

Last Call: Summit Retrenches; Meg Gill Defends Planned Golden Road Beer Garden

In this week’s edition of Last Call: Minnesota’s Summit Brewing has announced plans to pull its beer out of six states: Pennsylvania, Ohio, Illinois, Indiana, Nebraska, and Michigan. Also, Golden Road Brewing co-founder Meg Gill defends her company’s planned beer garden in Oakland, Caif.

Castanea Partners Purchases Majority Stake in The Bruery

Castanea Partners Purchases Majority Stake in The Bruery

Popular southern California craft brewery The Bruery, which specializes in creating experimental sour and barrel-aged beer offerings, has sold a majority stake to Boston-area private equity firm Castanea Partners, Brewbound has learned. Specific financial terms were not disclosed; the deal is expected to close this month.

Longtime New Belgium Brewmaster to Depart

Longtime New Belgium Brewmaster to Depart

After 21 years at the controls of New Belgium’s brewing program, legendary brewmaster Peter Bouckaert will depart the country’s fourth-largest craft brewery for a much smaller project. New Belgium, which is headquartered in Fort Collins, Colo. and has a brewing facility in Asheville, North Carolina, today announced that Bouckaert would leave the company for Purpose Brewing and Cellars, which was described in a press release as “an aspiring farm brewery” that would produce both coffee and beer.

ZX Ventures Part of $4M Series A Funding Round for Owl’s Brew

ZX Ventures Part of $4M Series A Funding Round for Owl’s Brew

Owl’s Brew, makers of tea-based cocktail mixers and a tea-and-beer Radler line, announced Thursday it has closed a $4 million series A funding round. The round included large investments from Anheuser-Busch InBev’s “disruptive growth organization,” ZX Ventures, and investment firm Cambridge Companies SPG. As part of ZX’s investment, a representative of the group will join Owl’s Brew’s board of directors.

Massachusetts Beer Distributors Push Franchise Reform Bill at State House

Massachusetts Beer Distributors Push Franchise Reform Bill at State House

More than 80 members of the Beer Distributors of Massachusetts lobbied state lawmakers on Beacon Hill yesterday, rallying behind House Bill 2823, which would allow beer companies making less than 30,000 barrels annually to terminate relationships with wholesalers for no cause.

Press Clips: BA Releases Style Guidelines; US Hop Acreage Grows

Press Clips: BA Releases Style Guidelines; US Hop Acreage Grows

In this week’s edition of press clips: The Brewers Association releases its 2017 beer style guidelines; the Hop Growers of America report on hop acreage growth and Revolution Brewoing, A-B and MillerCoors strike sports sponsorship deals.