Anheuser-Busch InBev (ABI) has vowed to “vigorously contest” an antitrust lawsuit filed by the U.S. Department of Justice (DOJ) which seeks to block the beer giant from acquiring total ownership and control of Mexican brewer Grupo Modelo. ABI currently owns half of Grupo Modelo, which makes Corona, among other brands; the proposed $20.1 billion transaction would make it the sole owner of the company.
After producing 120,000 barrels last year, Stevens Point Brewery will launch a $2 million expansion project this month. The expansion – the brewery’s fourth since 2010 – is scheduled for completion in May and will increase Stevens Point’s brewing capacity to 150,000 barrels.
Craft beer is back on New Hampshire’s political docket as state legislators recently introduced a bill that would give some small breweries the ability to sell beer in state-run liquor stores. New Hampshire House Bill 275 would create a two-year pilot program allowing beer produced by the state’s nano breweries and microbreweries to be sold… Read more »
A group of Massachusetts craft brewers knocked on doors at the State House in Boston last Wednesday in an effort to rally support for a bill, HD999: An Act Relative to Small Brewers. Their argument? The growing notion that the legal relationship between brewers and distributors is antiquated, and in need of adaptation.
Estimating that lost or stolen kegs cost craft brewers as much as $15.8 million annually, the Brewers Association (BA) has launched KegReturn.com, a site intended to help breweries redirect kegs back to their owners. “Keg disappearances and the resulting profit loss are hindering opportunities for craft brewers,” said Paul Gatza, director of the Brewers Association,… Read more »
Looks like second place will suit Sam Calagione just fine. The founder of the “off-center” Dogfish Head Brewery told his distributors that the company is no longer the fastest-growing craft brewery in the company. Instead, over the past five years, the Delaware-based brewer, which grew by 20 percent last year, has the second-highest growth average… Read more »
On-premise retailers can be the gateway for craft breweries looking to establish a strong brand presence in their local markets, but only when they are provided with well-made, well-marketed products that justify switching a tap-handle from an outside brand. That challenge, getting a bar or restaurant to go for a local brand in the face… Read more »
Boulevard Brewing announced today that Steve Mills has been named the vice president of sales for the company. Mills previously held dual roles as chief operating officer and the interim vice president of sales of Boulevard, following the departure of Bob Sullivan, who left the brewery earlier this month.
Following impressive growth through its first full-calendar year, Jack’s Abby Brewing, based in Framingham, Mass., expects continued expansion in 2013. The company, which is the only all-lager brewery in Massachusetts, produced approximately 2,500 bbls in 2012, and according to a press release, expects to increase capacity from 3,500 to 5,500 bbls with the installation of new fermentation tanks.
Knowing how and when to expand have become increasingly challenging issues for craft breweries looking to capitalize on growing consumer thirst for high quality beer. While the temptation to try and grow rapidly is undoubtedly a palpable one, Sean Wilson, founder and “chief executive optimist” of Fullsteam Brewery is focused on a slow and steady… Read more »
Despite declining performance for domestic and imported beer, the craft beer market has risen strongly and appears poised for even greater heights, according to a new report from market research firm Mintel. The report reveals that sales of craft beer more than doubled from $5.7 billion in 2007 to $12 billion in 2012. And the upward trend shouldn’t stop there; Mintel also forecasts that by 2017, craft beer sales will reach $18 billion.
What was once old is new again. As of February 1, MacTarnahan’s Brewing Co. — part of the North American Breweries portfolio that was sold last October to Cerveceria Costa Rica, S.A. for $388 million — will return to its original Portland Brewing Company name.
Now that Mississippi’s alcohol laws have loosened, the craft beer scene in the Magnolia State is growing. At least three new microbreweries will launch this year, according to a recent Gulfport Sun Herald article detailing the rise in consumer demand for locally brewed craft beer.
Watertown, MA. – Brewbound.com is pleased to announce the date and location of the fourth Brewbound Session, a rapidly growing event series on the business of craft beer. The Brewbound Session will be held on May 2 at the Revere Hotel in Boston, Mass. As with the sold-out event in San Diego last November, this… Read more »
