Beer Institute

On-Premise Shutdowns Could Cost Beer Industry $8 Billion

On-Premise Shutdowns Could Cost Beer Industry $8 Billion

The near-nationwide shutdown of the on-premise channel will result in a loss of $8 billion for the beer industry if it continues into June, National Beer Wholesalers Association chief economist Lester Jones said during a State of the Industry webinar hosted by the NBWA and the Beer Institute (BI).

COVID-19 Roundup: Germany Cancels 2020 Oktoberfest; California Beer Summit Cancelled; Monday Night Begins Rehiring

COVID-19 Roundup: Germany Cancels 2020 Oktoberfest; California Beer Summit Cancelled; Monday Night Begins Rehiring

German officials today cancelled the country’s famed Oktoberfest celebration due to concerns about the COVID-19 pandemic. The California Craft Brewers Association — a nonprofit trade group that represents the interests of the state’s craft brewers — announced today the cancellation of its “Craft Beer Summit,” which was scheduled for September 9-12 in Long Beach.

COVID-19 Response: Ball Increases Production of Crowler Cans; Senate Passes $2 Trillion Aid Package

COVID-19 Response: Ball Increases Production of Crowler Cans; Senate Passes $2 Trillion Aid Package

Ball Corporation has added production of 32 oz. crowler cans and expects to have a supply ready to hit the market in two days. The U.S. Senate unanimously passed the Coronavirus Aid, Relief, and Economic Security Act, the $2 trillion stimulus package to aid the public health and economic crisis caused by the COVID-19 pandemic. Deschutes Brewery founder Gary Fish told the Bend Bulletin that the company has laid off about 60% of its staff.

Coronavirus Impact on Beer Industry: Taproom Closures, Event Cancellations

Coronavirus Impact on Beer Industry: Taproom Closures, Event Cancellations

As the coronavirus disease known as COVID-19 spreads across the U.S., beer companies are adjusting their businesses for a reality in which being social is discouraged. Many companies are bracing for a downturn in on-premise business, including brewery taprooms.

Press Clips: $1.1 Million Raised for Families of Molson Coors Shooting Victims

Press Clips: $1.1 Million Raised for Families of Molson Coors Shooting Victims

The crowd-sourced fund to support the families of victims of the shooting at Molson Coors Brewing Company’s Milwaukee campus last month has topped $1.1 million. The fund, which reached $1,178,770 as of press time, was set up on behalf of the National Compassion Fund, a program of the National Center for Victims of Crime. All funds collected will go directly to the families of the five victims.

People Moves: Dockside Hires Brewmaster Andy Schwartz; Mispillion River Adds Claus Hagelman

People Moves: Dockside Hires Brewmaster Andy Schwartz; Mispillion River Adds Claus Hagelman

Long-time brewmaster Andy Schwartz has landed the top brewing job at Milford, Connecticut-based Dockside Brewery. Milford, Delaware-based Mispillion River Brewing has hired Claus Hagelman as its new director of sales. Non-alcoholic craft brewery Athletic Brewing has hired Rosalie Kennedy as its first marketing manager.

President Trump Signs 1-Year Excise Tax Relief Extension into Law

President Trump Signs 1-Year Excise Tax Relief Extension into Law

Federal excise tax (FET) relief for makers of beer, wine and spirits is locked in place through the end of 2020. President Donald Trump today signed into law a tax extender package that includes the Craft Beverage Modernization and Tax Reform Act (CBMTRA), which passed both chambers of Congress this week.

Poll: Two-Thirds of Voters Support Extending Excise Tax Relief for Brewers

Poll: Two-Thirds of Voters Support Extending Excise Tax Relief for Brewers

A survey commissioned by the Beer Institute (BI), a national trade group advocating for the U.S. brewing industry, found that 68% of respondents were in favor of extending the federal excise tax relief that was put in place in 2017, but slated to expire at the end of the year. Quadrant Strategies conducted the survey of 1,000 legal drinking age adults for the BI earlier this month.