Two Roads Brewing Company today said it would spend $12 million to expand its operations with the addition of a new 25,000 sq. ft. brewery and barrel-aging facility adjacent to its existing location in Stratford, Connecticut. Situated on 2.5 acres, the new facility — which the company said would be dedicated to the production of sour and barrel-aged beers — will feature a 50-barrel brewhouse, foeders, a coolship and space for 2,000 wooden barrels.
Constellation Brands, which owns the Corona and Modelo brand rights in the U.S., today announced plans to purchase the Obregon, Mexico brewery from Grupo Modelo, an Anheuser-Busch InBev subsidiary, for $600 million. In a press statement, the company said it would submit a proposal to the U.S. Department of Justice, and also noted that the brewery purchase would allow Constellation to “become fully independent from the interim supply agreement with Grupo Modelo.”
In a move that underscores the ongoing tension between beer wholesalers and brewers in Massachusetts, up-and-coming Night Shift Brewing has launched a full-scale distribution business aimed at challenging what the brewery calls an anti-competitive and archaic system.
In this week’s edition of press clips: Bart Watson blogs about the craft slowdown; Modern Times Beer reveals an Anaheim brewery project and Golden Eagle announces an Illinois acquisition.
In the final entry of our three-part series on branding considerations for craft breweries, Isaac Arthur, a partner and designer at CODO Design in Indianapolis, Indiana, explains how an established brewery might approach a rebranding process.
Before it moved into a new 67,000 sq. ft. brewing facility at 100 Clinton Street in Framingham, Mass., popular Boston-area craft brewery Jack’s Abby occupied just 15,000 sq. ft. of space in a warehouse less than one mile away from its current location. And when the company finishes building out an expanded “Springdale” taproom and barrel-aging space in a recently acquired area next door to its existing production site, it will officially be operating within a 130,000 sq. ft. footprint.
Christine Perich, the CEO of New Belgium Brewing, will depart the organization to “pursue other opportunities,” the company announced today. The Colorado-headquartered brewery — which also maintains a production facility in Asheville, N.C. and is ranked by the Brewers Association as the country’s fourth largest craft outfit — has yet to appoint a replacement.
A well-known figure in Maine’s craft beer scene is running for the state’s House of Representatives. Heather Sanborn, co-owner of Rising Tide Brewing Company and the former president of the Maine Brewers Guild, is running as a Democrat for House District seat 43, which represents parts of Portland and Falmouth. Sanborn is running against Republican attorney Jeffrey Langholtz.
In part two of our three-part series on branding considerations for craft breweries, Isaac Arthur, a partner and designer at CODO Design in Indianapolis, Indiana, explains how a well-funded startup might approach its branding process.
In July, Massachusetts Treasurer Deborah Goldberg promised to assemble a task force that would examine the state’s decades-old liquor laws. Three months later, additional details have emerged on what that group will look like, and what it will be asked to accomplish. “According to the treasurer’s office, it will be an autonomous body, free of all control, including the long reach of Bill Kelley and the wholesalers and the brewers,” John Connell, a Boston-based alcohol attorney who represents clients across all three tiers of the industry, told a room of more than 150 beer industry professionals attending last night’s Brew Talks meetup at Jack’s Abby.
The overall economic impact of the Oregon Brewers Festival has declined for the second consecutive year. The 2016 edition of the five-day festival, one of the oldest and most well-attended in the U.S, generated $29.3 million in economic impact, a three percent dip from the previous year.
It’s been nearly one year since we last invited a guest to contribute to the Brewbound Voices column, but we’re excited to pick things back up with a three-part series on branding considerations for three types of beer companies: bootstrapped breweries-in-planning, well-funded startups and firmly-established players who are looking to rebrand.
Portland, Oregon’s Reverend Nat’s Hard Cider has completed a multi-faceted financing round led by hometown firm, Hawthorne Capital, the company announced Friday. As part of the transaction, Hawthorne Capital will acquire an undisclosed stake in the five-year-old company and receive seats on the board, founder Nat West told Brewbound.
Another day, another craft beer recall. Real Ale Brewing Co. announced Tuesday that it was issuing a “precautionary recall” of 11,000 cases — about 800 barrels — of two of its year-round brands due to a potential glass defect.
