Articles Tagged with 'Beer Institute'

US Senate Task Force Supports Permanent Excise Tax Relief for Brewers

US Senate Task Force Supports Permanent Excise Tax Relief for Brewers

The beer industry’s efforts to make federal excise tax relief for brewers permanent received a boost Tuesday when members of a bipartisan congressional task force expressed support for the cause. U.S. Senate Finance Committee chairman Chuck Grassley (R-IA) and ranking member Ron Wyden (D-OR) released a report from the Individual, Excise, and Other Temporary Tax Policy Task Force, which called for the Craft Beverage Modernization and Tax Reform Act (CBMTRA) to be permanently enacted.

Beer Institute Joins Lawsuit Against US Treasury

Beer Institute Joins Lawsuit Against US Treasury

A federal judge yesterday agreed to allow the industry trade group the Beer Institute (BI) to join a lawsuit filed by the National Association of Manufacturers (NAM) against a pair of federal agencies regarding the collection of so-called “duty drawback claims.”

APEX Act Reintroduced in US Senate

APEX Act Reintroduced in US Senate

The beer industry’s pushback against tariffs received a boost on Tuesday, as the U.S. Senate filed a companion bill that would increase the federal government’s regulatory authority of groups overseeing aluminum premium benchmarking, including the controversial “Midwest Premium.”

Category Health, Beer Delivery and Labor Issues Discussed at Beer Institute Meeting

Category Health, Beer Delivery and Labor Issues Discussed at Beer Institute Meeting

The on-again, off-again effort to improve category health through an industry-wide campaign for beer is on once again. During the Beer Institute’s annual meeting, held Tuesday in St. Louis, president and CEO Jim McGreevy said the industry’s three top trade associations — the BI, the Brewers Association (BA) and the National Beer Wholesalers Association (NBWA) — have agreed to launch a pro-beer marketing campaign this summer. Category health was just one of several themes to develop during the two-day meeting, as multiple speakers touched on the growth opportunity in home delivery of food and booze, as well as the growing number of jobs open in the manufacturing and hospitality industries.

Tariffs, Taxes and Marijuana Top Discussions at Beer Institute Annual Meeting

Tariffs, Taxes and Marijuana Top Discussions at Beer Institute Annual Meeting

The discussion of several headwinds facing the industry dominated the Monday afternoon session at the Beer Institute’s annual meeting in St. Louis. Beer Institute president and CEO Jim McGreevy opened Monday’s General Session and discussed several issues currently facing beer companies, including the effort to make permanent federal excise tax relief in the Craft Beverage Modernization and Tax Reform Act, as well as the impact of tariffs on beer companies, and competition for market share with wine and spirits companies.

Government Affairs: Congressional Majority Now Supports Tax Reform for Brewers and Importers; Trade Groups Urge Trump to Rethink Tariffs on Mexico

Government Affairs: Congressional Majority Now Supports Tax Reform for Brewers and Importers; Trade Groups Urge Trump to Rethink Tariffs on Mexico

Alcohol producers’ efforts to make excise tax relief permanent reached another milestone today, as a majority of Congress now supports the Craft Beverage Modernization and Tax Reform Act (CBMTRA). In a joint announcement, seven alcohol industry trade groups said a bill to permanently enact tax cuts for alcohol producers and importers now has 218 co-sponsors in the U.S. House of Representatives.

Last Call: President Trump to Impose New Tariffs on Mexico; North Coast Co-Founder Retires

Last Call: President Trump to Impose New Tariffs on Mexico; North Coast Co-Founder Retires

In this week’s edition of Last Call: Nearly two weeks after lifting aluminum and steel tariffs imposed against Mexico and Canada, President Donald Trump has reversed course and announced plans to levy a 5 percent duty on all goods from Mexico over immigration — bringing the issue back into the taproom. Plus, North Coast co-founder Mark Ruedrich announces his retirement.

Study: US Beer Industry Supports More than 2 Million Jobs

Study: US Beer Industry Supports More than 2 Million Jobs

The U.S. beer industry was responsible for creating more than 2.19 million jobs that paid more than $101 billion in wages and benefits in 2018, according to a joint study released today by industry trade organizations the Beer Institute (BI) and the National Beer Wholesalers Association (NBWA).

Beer Market Share Falls Below 50 Percent in 2018

Beer Market Share Falls Below 50 Percent in 2018

Beer no longer holds a majority of the share of total alcohol servings in the U.S. Beer Institute chief economist Michael Uhrich reported today during a State of the Industry presentation that beer’s share of total alcohol servings fell to 49 percent, down about 1 percent, as hard liquor (35.6 percent) and wine (15.4) both gained share.

Beer Category Health Initiative Jeopardized by Bud Light’s Corn Syrup Ads

Beer Category Health Initiative Jeopardized by Bud Light’s Corn Syrup Ads

The fragile alliance among the United States’ largest beer producers is at risk following Anheuser-Busch InBev’s Super Bowl ads for Bud Light that highlighted its ingredients and the use of corn syrup in competitor offerings Coors Light and Miller Lite, made by MillerCoors.

Last Call: Receiver Reaches Agreement to Sell DME Group’s Main Business

Last Call: Receiver Reaches Agreement to Sell DME Group’s Main Business

In this week’s edition of Last Call: Alvarez & Marsal reaches an agreement to sell DME Group’s main business; lawmakers threaten to limit dates for Boston beer gardens; and the U.S. House introduces the Craft Beverage Modernization and Tax Reform Act.