The Craft Beverage Modernization and Tax Reform Act (CBMTRA) is back in front of Congress. The latest two bills (H.R.747 and S.236) were simultaneously re-introduced into both the House of Representatives and the U.S. Senate on Monday morning. If the Act passes, it would cut taxes on all brewers, importers, cider producers, distillers, and winemakers. The comprehensive tax reform effort is once again backed by the Beer Institute and the Brewers Association, and contains the same craft-friendly language as previous versions put forth during the 114th Congress.
Guinness parent Diageo today announced plans to build a U.S. version of Dublin’s famous Open Gate Brewery in Baltimore County, Maryland. The $50 million project will include the construction of a mid-sized Guinness brewery, packaging and warehousing operations as well as a tasting room, retail store and visitor center at Diageo’s existing Relay, Maryland, site, according to a press release.
In a presentation at the annual Beer Business Daily Summit, held Monday in San Diego, analysts from Nielsen, CGA Strategy and CM Profit Group broke down the latest beer trends and noted that consumers are increasingly seeking out lower-alcohol beer offerings.
In this week’s edition of Last Call: Georgia and Mississippi move toward on-site sales, Anheuser-Busch and MillerCoors cut barley contracts and Twelve Rounds Brewing faces boycott after owner slams Women’s March on Facebook.
Melvin Brewing Co. co-founder Jeremy Tofte is an unconventional guy. He lives in a Mercedes-Benz Sprinter van, which he drives to beer festivals across the country. The van has everything he needs: his mountain bike, snowboards, surfboards, TV and a PlayStation.
Constellation Brands laid a plank in its succession plan on Wednesday with the appointment of Bill Newlands to the newly created position of chief operating officer, effective January 30.
The Trump administration has appointed Jake Leinenkugel to serve as a senior White House advisor to the Department of Veterans Affairs. Wisconsin Distributors to Purchase River City Distributing. And more Press Clips.
Even before members of an alcohol review task force meet for the first time to begin examining decades-old Massachusetts liquor laws, Treasury Department officials are already tracking at least 55 proposed pieces of legislation that could affect how in-state brewers, distributors and retailers operate.
In 2013, New Belgium CEO Kim Jordan told Brewbound that the Colorado brewery would sell its products in all 50 states by 2018. It looks like her company’s goal of becoming a nationally distributed craft beer brand will happen slightly ahead of schedule.
Sierra Nevada has announced a 36-state voluntary recall of several of its year-round and seasonal beers bottled at the company’s North Carolina brewery.
Massachusetts beer wholesalers are going on the offensive. After several years of fighting small craft brewers’ efforts to change state franchise laws, the Beer Distributors of Massachusetts today filed a bill that would enable beer companies making less than 30,000 barrels annually to sever relationships with wholesalers for no cause.
Small businesses can now raise a maximum of $1 million annually from non-accredited investors through Securities and Exchange Commission-approved third-party crowdfunding portals such as WeFunder. Two breweries have already maxed out their campaigns.
Craft canned beer pioneers Oskar Blues Brewery led the aluminum revolution in 2002, so it’s no surprise that the Colorado-based brewery’s flagship release, Dale’s Pale Ale, finished 2016 as the nation’s top-selling craft can six-pack at U.S. supermarkets, according to market research firm IRI Worldwide.
