Carl Nolen, the co-founder and CEO of soon-to-launch Wisconsin Brewing is blunt when discussing his company’s finances. “If you are undercapitalized out of the gate, you are probably going to be screwed,” he said.
The craft beer category continued to capture on-premise market share in the third quarter despite what GuestMetrics calls the “weakest” of the year for all alcohol categories. According to the on-premise data supplier, on-premise beer volumes are down 5.2 percent in the last four weeks and 3.7 year-to-date.
All eyes were focused on D.G. Yuengling last week as news broke that the brewery was eyeing new distribution in the New England market. Yuengling distributes nearly 3 million barrels of beer across a 15-state footprint, but that could change next year with a return to Massachusetts, a state where it hasn’t sold beer since… Read more »
If ever there was a race to open a second brewery on the East Coast, Oskar Blues won by a long shot. The Longmont, Colo.-based craft brewery officially opened its second brewing facility in Brevard, N.C. last December, ahead of Sierra Nevada and New Belgium, which are also planning expansions in the Tar Heel State of their own.
With hopes to bring on new markets, such as southern Illinois, Maryland and Pittsburgh, Pa., and without much recent experience going through this process, Chris Lennert, Left Hand’s vice president of operations, has clearly defined a compatible marketplace.
Brewbound is pleased to announce the return of its Startup Brewery Challenge, a unique opportunity for new craft brewers to partner with one of the country’s largest craft beer companies, Craft Brew Alliance. The competition will take place at the December 5 Brewbound Session in San Diego. New craft brewery owners will have the opportunity to show off their business plans, new beers and receive immediate feedback from an expert judging panel.
Patrick Crawford, co-owner of Denver Beer Co., brewed his first beer in the bathtub of a 400 square-foot apartment in Colorado Springs, according to the company’s website. The company has come a long way since then — and it will soon have more than 100 times that space to call its own.
Rapidly growing Founders Brewing Co. today announced that it is expanding its distribution territory to include Kansas and Nebraska. The Michigan-based craft brewery, ranked as the 29th largest in the country by trade group the Brewers Association, has inked distribution agreements with three wholesalers.
Golden Road Brewing is beginning to make a habit of attracting well-trained beer industry talent. The Los Angeles-based craft brewery which opened its doors two years ago is on pace to brew more than 15,000 barrels in 2013 and, to help grow its production volumes in 2014, the company will more than double its sales,… Read more »
The new brewery will initially produce about 100,000 barrels with a final capacity of about 250,000 barrels, which founder Brian Dunn said could be reached in 15 to 20 years. Once built, he plans to eventually enter new markets and add an outdoor beer garden.
Alchemy & Science may have stolen headlines with its Concrete Beach announcement last week, but a different Miami-based brewery actually beat the wholly-owned Boston Beer subsidiary to the title of “Miami’s first craft brewery.”
New Belgium Brewing Company is one step closer to opening its second brewing facility on the East Coast. The company today announced it would resume site work on its new Asheville, N.C. brewery, in preparation for a groundbreaking in the spring of next year. The project is still expected to be completed in late 2015.
The Alcohol and Tobacco Tax and Trade Bureau (TTB) — the federal agency that approves new beer labels and brewing companies — is once again operational following a 16-day government shutdown that ended last Thursday.
MillerCoors yesterday announced that it will cut 360 jobs, firing 200 salaried employees — nearly 2 percent of its active workforce and 6 percent of its salaried posts — and eliminating another 160 unfilled positions. In a prepared statement, the company said the cuts are an attempt to “to create a more balanced, efficient organizational… Read more »