There’s just no slowing down Founders Brewing Company. The craft brewery, which is based in Grand Rapids, Mich., has grown at a 67 percent compound annual growth rate since 2008, while its on-premise points of distribution are up 61 percent this year. Sales of All Day IPA, Founders’ flagship brand, are up a remarkable 138… Read more »
Oregon’s affinity for local craft beer has reached an unprecedented high, as more than 18 percent of all beer consumed in the state last year was locally produced, according to the Oregon Brewers Guild. Of the 1.4 million barrels the state’s breweries produced last year—an uptick of 8 percent over the year prior—500,000 were sold… Read more »
Another week, another round of discussion about franchise laws, and this time it’s by way of the Boston Consulting Group, a global management-consulting firm and advisor on business strategy. The group, which said it has studied direct store delivery (DSD) across multiple consumer categories for more than 20 years, published a report crediting much of… Read more »
There are only so many words in the English language. As anyone who pays close attention to the beer industry is acutely aware, this fact seems to rear its head constantly in the form of trademark disputes, when one company alleges that another’s brand or product inspires market confusion between the two.
The Brewbound crew will once again be hitting the road this summer, taking its Brew Talks traveling meetup series to the West Coast for a weeklong tour that will make stops in Portland, Ore., Los Angeles and San Diego. At each location, Brewbound editor Chris Furnari will moderate discussions on the business of craft beer with well-known brewers and distributors.
With sustained controversy at the London Metal Exchange (LME) posing potentially long-term negative implications for the American brewing industry, among others, the U.S. House of Representatives will vote on a bill today that, if passed, will ensure the U.S. Commodity Futures Trading Commission (CFTC) reviews the nation’s metal warehousing practices more critically.
Contrary to the implications of its moniker, Knee Deep Brewing Co. isn’t stuck in any one place, and it’s not content to stand still. The Auburn, Calif.-based brewery has just reached across the country to tap Mutual Distributing Co. for statewide distribution throughout North Carolina, the company announced today, with the brewery’s full lineup of… Read more »
Wonder how Lagunitas Brewing Co. managed to score a $20 million credit line to equip its huge new Chicago brewery? According to lender GE Capital, a rising tide can help float a loan. The Petaluma, Calif.-based brewery has grown rapidly in recent years, increasing production sevenfold between 2012 and 2013, which is what the financial… Read more »
Taps in the nation’s capital just got a little more crowded, as Hardywood Park Craft Brewery has inked a deal with Reyes Beverage Group’s Premium Distributors of Washington D.C. for coverage across the district. The move marks the Richmond, Va.-based brewery’s first foray out of its home state.
The Maine Brew Bus began operating its free-to-board shuttle service this week, taking locals and tourists alike around the Portland peninsula for a taste of craft in Vacationland. Dubbed the “Hop and Go,” the 14-passenger green bus — identifiable by being distinctly a 14-passenger green bus — operates on Tuesdays and Wednesdays from 4-7:00 p.m…. Read more »
Longtime beer industry veteran Mike Mazzoni offered up his remarks on franchise law reform at last week’s Beer Marketer’s Insights conference in Chicago. His underlying point: the three-tier system has benefitted craft beer and franchise reform could benefit both brewers and distributors alike, but at the expense of brand equity.
New York Governor Andrew Cuomo and state legislators have struck a deal to cut back some of the “burdensome requirements” that restrict the sale and marketing of craft products in the state. The compromise bill, which will take effect 30 days after it is signed into law, lifts a production cap for small beer, wine, spirits and cider producers.
Tony Magee, the founder and CEO of fast-growing Lagunitas Brewing, has lost about 20 pounds in the last 12 months. We know what you’re thinking and no, he didn’t stop drinking his own brew or start any kind of radical juice cleanse. How’d he do it? By traveling a great distance.
F.X. Matt Brewing Co., brewers of the Saranac brand, is investing $3.5 million in an Edward Street property — right across from its main brewery in Utica, N.Y. — to expand its fermenting and aging capacity. The expansion will tack on 100,000 barrels to its ultimate capacity, lifting its ceiling to half a million barrels.
