Colorado’s Left Hand Brewing will join a growing list of craft brewers opting to sell at least a portion of their companies back to employees. The Longmont-based craft brewery today announced it has finalized the repurchase of common shares from current stockholders and established an employee stock ownership plan (ESOP).
MillerCoors is rolling out a new set of print and billboard ads aimed at educating consumers about its company vision and values. The “We Stand for Beer” campaign is set to launch on July 6 in eight U.S. markets where the company operates brewing facilities, including Golden, Colo., Irwindale, Calif., and Fort Worth, Tex., among others.
Surprise, Surprise – sales of craft beer and cider continue to outpace other segments, up more than 20 percent and 34 percent, respectively, through June 14 in IRI Worldwide’s multi-outlet and convenience store universe (which includes grocery, drug, Wal-Mart, club, dollar, mass-merchandiser and military stores). The craft segment currently comprises more than 8 percent of total beer dollar sales, according to the research firm.
It’s official: Scottish craft brewery BrewDog today announced plans to invest $30 million in the construction of its U.S. brewing facility, which the company has said will be located in Canal Winchester, Ohio.
After completing an “extensive” internal and external search, Duvel Moortgat USA yesterday announced Bobby Dykstra as its new vice president of the sales. Dykstra, a 12-year beer industry veteran, takes over for Steve Mills, who left to become CEO of Uinta Brewing earlier this month.
In the last 16 months, Anheuser-Busch InBev has acquired three craft breweries in three key beer states. The question on nearly every craft brewer’s mind is “what’s the strategy?” Andy Goeler, A-B InBev’s CEO of Craft, is the man tasked with shepherding all of these newly acquired brands. Over the last four months, Brewbound has asked Goeler, on multiple occasions, to elaborate on the company’s dealings in craft.
Earlier this week, Dogfish Head Craft Brewery persuaded a Rehoboth Beach land-use board to let the company tear down and reconstruct its brewpub in the city, overruling an earlier rejection of the brewery’s plans to do so, reports Delaware Online.
At this point, craft brewers are probably sick of reading the words “trademark dispute” in a headline. Thankfully, we’ve got an opportunity to discuss the topic – and the increasing importance of performing proper trademark due-diligence before launching new products — in a far less contentious way
The Brewers Association and the Beer Institute issued a joint statement this afternoon in support of a new bill that would restructure the federal excise tax rate on beer, creating a unified front to take on an issue that has for years divided the beer industry’s two leading advocacy groups.
When Braxton Brewing co-founder and CEO Jake Rouse first participated in the inaugural Startup Brewery Challenge — held during the 2013 Brewbound Session on December 5 in San Diego — his company was still in planning mode. But earlier this month, Rouse made his return to the Brewbound Session in Chicago with a much more seasoned pitch and a Braxton brand that had been commercially available for nine weeks.
Lagunitas is planning another brewery, this time in Southern California. Brewery founder Tony Magee took to Twitter late last night to make the big reveal, detailing plans for the company’s third brewing facility, which will be located in Azusa, Calif., just 25 miles east of downtown Los Angeles.
After eight months of self-distributing its products, a change in Kentucky law has forced a Cincinnati, OH-based beer company to find a local wholesaler. While Rhinegeist Brewery-owned Riverghost Distributing won’t be getting out of the wholesaling business altogether, it has sold the distribution rights to its parent company’s fast-growing beer brand to rival Heidelberg Distributing.
In an effort to support the growth of both its thriving and struggling brands, Anheuser-Busch InBev today announced it will invest more than $1.7 billion in its U.S. brewing, agriculture, packaging and distributing operations by 2018.
Woodchuck wants consumers to know that its cider comes from a real cidery, and it’s spending more than $2 million to drive the message home. In its first ever-advertising campaign, entitled “Why Woodchuck,” the company squares its sights on competition from large beer companies like Anheuser-Busch InBev, MillerCoors and even Boston Beer, all of which have rolled out their own cider offerings in recent years and cut deep into Woodchuck’s share of the small but fast-growing cider market.
