Fort Collins Brewery Sold to Canadian Craft Beer Maker

Fort Collins Brewery Sold to Canadian Craft Beer Maker

Canadian-headquartered Red Truck Beer Company has reached an agreement to acquire Fort Collins Brewery’s (FCB) building and assets from owners Tom, Jan and Tina Peters. Terms of the deal were not disclosed.

IRI Worldwide: Beer Sales Flat Through Mid-May

IRI Worldwide: Beer Sales Flat Through Mid-May

U.S. beer volume sales were down 0.8 percent through the first 134 days of the year, according to data from market research firm IRI Worldwide. The company, which tracks category-wide sales trends at off-premise retail outlets, said total beer dollar sales were up 0.7 percent year-to-date through May 14, however, in its multi-outlet and convenience (MULC) store universe (which includes grocery, drug, Wal-Mart, club, dollar, mass-merchandiser and military stores).

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.