In an effort to establish itself as a longstanding, multi-generational craft brewery, Founders Brewing today announced it would sell a minority interest to Mahou San Miguel, Spain’s largest brewer. The Michigan-based craft beer company announced Wednesday it would sell a 30 percent stake to the international beer company. CEO and co-founder Mike Stevens described the decision to sell a minority interest as one that would enable Founders to “ensure a legacy.”
Jack’s Abby, one of Massachusetts’ fastest growing craft breweries, is set to embark on a major expansion that will more than triple its brewing capacity. The Framingham-based company today announced its development plans, which will boost annual production capabilities and enable the brewery to expand distribution throughout New England.
Founders Brewing today announced it has sold a 30 percent stake to Mahou San Miguel Brewery, a Spanish Brewing Company founded in Madrid in 1890. Specific terms of the deal were not disclosed. A full press release with more details is below. Official story to follow.
Following a seven-month rebranding effort, Twisted Pine Brewing will enter 2015 with new year-round offerings, a shift in style for its flagship beer, and completely redesigned packaging, the company has announced. In moving forward with a new look and updated lineup, the company, out of Boulder, Colo., has also retired four established products.
Sun King Brewing has severed relationships with three wholesalers outside of Central Indiana, cutting back to Indianapolis and Bloomington from a footprint that had spread across the state. The decision to pull out from those territories stems from a state law that caps production for small brewers at 30,000 barrels per year, a figure Sun King projects to brush against this year.
During last week’s Brewbound Session in San Diego, Calif., Boulevard Brewing founder John McDonald confessed to the audience that, after 25 years in the beer business, he’d become somewhat disengaged. “I was a little bit a part of the problem to keep going and growing,” he admitted.
Twenty by ’20 no doubt has a nice ring to it. In these parts, those figures are self-explanatory. In case you’ve had your head buried in the mash for a while, the mirroring numbers refer to the goal, as oft repeated by the Brewers Association, for craft to own 20 percent of the overall beer market by the year 2020. At last week’s Brewbound Session, Craft Brew Alliance CEO Andy Thomas implored the industry, to think about the future, as he does, in terms of barrels.
Delta Airlines has added seven craft beer offerings to its in-flight drink menu. Effective now, Delta customers can enjoy offerings from Ballast Point, Blue Point, Brooklyn Brewery, Lagunitas, Newburyport Brewing, Stone, SweetWater, as well as Boston Beer.
In an effort to recognize the business initiatives of brewers across the U.S., Brewbound announced the first-ever recipients of the Brewbound Awards at its full-day conference held on Dec. 4 in San Diego, Calif.
Beer wholesalers in Idaho are asking the state’s Alcohol Beverage Control Bureau to clarify a law enabling small brewers to operate as both producers and retailers with multiple locations. As written, Idaho law permits breweries that produce fewer than 30,000 barrels per year to manage retail fronts and brewpubs.
With an expansion into nine new states, the Craft Brew Alliance-owned Kona Brewing brand will be sold nationwide in early 2015. In a press statement, the company said it plans to enter Arkansas, Iowa, Kansas, Louisiana, Nebraska, North Dakota, South Dakota, Oklahoma and West Virginia next January.
Ninkasi Brewing has expanded distribution throughout Colorado, tapping C.R. Goodman Companies for statewide coverage. The brewery, headquartered in Eugene, Ore., will launch in the market today with offerings including Total Domination IPA, Believer Double Red, and Oatis Oatmeal Stout.
Founders Brewing has received an additional boost from the state of Michigan to help expand its production facility, this time in the form of a $250,000 performance-based grant. According to MiBiz.com, the Michigan Economic Development Corporation approved the grant last week to assist the brewery in its effort to build out a $40.4 million expansion.
We’re less than 24 hours away from a sold out winter edition of the Brewbound Session, being held on Dec. 4 at the Paradise Point Resort & Spa in San Diego, and we’ve still got some final program notes to announce. Grab a beer – this one is jam-packed with updates.
