Anheuser-Busch InBev is making its first U.S. craft brewery purchase of 2017, today announcing the acquisition of North Carolina’s Wicked Weed Brewing. Specific financial terms of the transaction were not disclosed and the deal is subject to regulatory approval.
Georgia’s Scofflaw Brewing is on its way to having one of the most successful launches in craft beer history. After selling more than 8,500 barrels of beer in just nine months, the Atlanta-based craft brewery said it would install three 90-barrel fermentation tanks and a 90-barrel brite tank, boosting its maximum capacity to about 14,000 barrels annually.
When it came to winning a James Beard award, seven was indeed the lucky number for Dogfish Head Craft Brewery founder Sam Calagione. Every year since 2011, Calagione has been nominated for the Outstanding Wine, Spirits, or Beer Professional in the prestigious James Beard Foundation Awards and, yesterday, he finally claimed a victory.
The continued proliferation of brewery-owned retail outposts was the topic of discussion during the annual National Beer Wholesalers Association (NBWA) legislative conference, held Monday in Washington, D.C. Weighing in on the growing impact that taprooms are having across all three tiers of the beer industry were Craig Purser, the CEO of the NBWA; Bob Pease, the CEO of the Brewers Association; and John Bodnovich, the executive director of American Beverage Licensees.
Dogfish Head Craft Brewery is welcoming back two familiar faces. The Delaware-headquartered beer company last week announced that former brewmaster Bryan Selders and former projects engineer Brian Hollinger would return to Dogfish after stints at other U.S. breweries.
Two key Pabst Brewing Company executives were laid off this week as part of an organizational shuffle led by newly appointed CEO Simon Thorpe, who joined the company last December. Rich Pascucci, who had served as Pabst’s chief growth officer since January 2016, and Bruce Muenter, who had served as chief sales officer since January 2015, were informed Wednesday that their positions had been eliminated
In this week’s Last Call, the FDA moves to delay menu-labeling regulations; a look at the aftermath of Maryland brewers’ reform efforts; North Carolina’s self-distribution fight continues; and more.
Labatt USA is strengthening its ties to the city of Buffalo. Rochester, N.Y.-based North American Breweries (NAB), which owns the exclusive import rights to the Labatt brand in the United States, announced Wednesday plans to open a Labatt-branded pilot brewery and restaurant in partnership with Pegula Sports and Entertainment (PSE) — the parent company of the NFL’s Bills and the NHL’s Sabres.
Earlier this month, more than 13,000 beer industry professionals converged on Washington, D.C., for the 34th annual Craft Brewers Conference, hosted by trade group the Brewers Association. If you couldn’t make it to Foggy Bottom and you’re wondering what you missed, or if you simply want to look back at the largest annual gathering of craft brewing industry professionals, check out our video recaps below.
Boston Beer Company’s efforts to resuscitate its seasonal beer program got off to rough start during the first quarter of 2017. The company shipped just 707,000 barrels of beer, cider, tea and hard seltzer last quarter, a 15 percent decrease from the comparable period in 2016. It also reported revenue ($161.7 million) and depletions declines of 14 percent during the quarter.
Brewbound Session Summer 2017 will feature thought-provoking conversations with craft brewery executives, interactive panel discussions with leading U.S. retailers, and engaging presentations from a wide-range of industry experts. The first set of announced speakers for the full-day conference includes both established and emerging craft beer entrepreneurs
In this week’s Press Clips, Jim Koch defends his New York Times opinion piece; a deceptive advertising lawsuit against MillerCoors is dismissed; the SEC stands pat on no alcohol sales at football games; and much more.
Florida’s Fat Point Brewing has finalized its sale to Seaboard Craft Beer Holdings, the parent company of Tampa Bay’s Big Storm Brewing. A purchase price was not disclosed, but Seaboard co-founder L.J. Govoni told Brewbound that the transaction included various brewery assets as well as the rights to the Fat Point brand.