Southeastern states are vying for the attention of Stone Brewing Co. with both song and legislative dance in hopes that the brewery, out of Escondido, Calif., will plant its Eastern facility in their respective backyards. In a request for proposal issued earlier this month, Stone detailed plans to identify and begin working on a new… Read more »
Craft brewers in Georgia are hoping a Senate resolution (S.R. 1099) introduced Wednesday by Republican Senator Jack Murphy will inspire lawmakers to loosen restrictions on brewery operations. The Study Committee seeks to examine “issues surrounding the manufacture, sale, and consumption of alcoholic beverages as they relate to licensing and tied house laws.”
Despite posting record depletion growth of 11 percent and net sale growth of 6 percent last year, Craft Brew Alliance (CBA) said it was unhappy with its gross margin performance, which declined 150 basis points in 2013. During the company’s earnings call, held earlier today, Thomas explained how CBA plans to expand its gross margin rate by upwards of 700 basis points over the next five years.
Cider, like craft beer, has enjoyed rapid growth in recent years. In 2013, the category grew total on-premise volumes 49 percent, according to GuestMetrics. Embodying that quick rise, Sonoma Cider announced yesterday that it signed eight new distribution agreements, launching new territories while also expanding in its home market of California.
The polar vortex might be to blame for slower retail foot traffic, weak winter job creation numbers and even delayed maple syrup production, but frigid temperatures haven’t cooled craft beer’s sizzling start to 2014. Year-to-date craft dollar sales are up a whopping 24.6 percent through February across IRI’s U.S. multi outlet and convenience stores universe… Read more »
As the saying goes, ‘where there’s smoke, there’s fire.’ On Saturday, Reuters reported that veteran food industry investor, C. Dean Metropoulos, was in the early stages of finding a new owner for Pabst Brewing Co., the country’s fifth largest beer vendor.
Surly Brewing continues to tap into a variety of emerging retail outlets for its products. After announcing last month that cans of its Furious, Bender and Hell beers would be sold on flights operated by Sun Country Airlines, the Minnesota-based brewery will make available select Surly offerings at Minnesota Timberwolves home games.
Total Beverage Solution (TBS) yesterday announced that it has acquired the exclusive rights to Vanberg & DeWulf, a portfolio of various imported Belgian beers, for an undisclosed amount. TBS — which serves as a master distributor for a number of import brands as well as Shipyard Brewing — will begin shipping product to distributors as… Read more »
Deschutes Brewery has announced plans to expand its distribution footprint in the central and southern regions of Pennsylvania, beginning March 24. For coverage in Dauphin, Lebanon, Cumberland, Perry, Juaniata, and Mifflin counties, the Bend, Ore.-based brewery has tapped Wilsbach Distributors. Ace Distributing will be responsible for distribution in York, Franklin, Fulton, and Lancaster counties.
Welcome to the club, D.G. Yuengling & Son. Glad you made it, Narragansett. Sorry about the trouble, August Schell Brewing. Forget the controversy, feel free to use rice and corn, just stick with tradition, ok? The Brewers Association (BA) — a not-for-profit trade group representing the interests of small and independent American craft brewers —… Read more »
It only took about 60 days for Oskar Blues to execute its “aggressive” expansion into five new states, and now the Colorado-based craft brewery is eyeing even more markets. The company today announced it will enter Kansas on March 10 with the Kansas Craft Alliance (KCA), a partnership of 12 family-owned distributors covering the entire… Read more »
Founders Brewing Co. is expanding its distribution footprint to include Oklahoma, Louisiana, and Arkansas, the company announced today. Beer is slated to hit retail shelves and tap lines throughout each of the new markets this April. Founders, which has expanding quickly of late from its home base in Grand Rapids, Mich., has signed distribution agreements… Read more »
The country’s largest craft brewery, Boston Beer Company, last week reported fourth quarter depletions growth of 20 percent and net revenue of $205.4 million, an increase of $52.4 million over the same period last year. The company’s full-year depletions grew 23 percent while production volumes increased 25 percent, to about 3.4 million barrels.
C. Dean Metropoulos, the veteran food industry investor who bought Pabst Brewing Co. back in 2010, is now in the early stages of trying to sell the 170-year-old brewery, according to Reuters. The Los Angeles-based producer of heritage beer brands like Pabst Blue Ribbon, Olympia and National Bohemian (Natty Boh), is expected to sell for… Read more »
