Articles Tagged with 'Beer Institute'

Congressional Members Urge DOJ to Investigate Midwest Premium

Congressional Members Urge DOJ to Investigate Midwest Premium

A bipartisan group of Congressional members have called on the Department of Justice (DOJ) to investigate potential irregularities in the aluminum market, which they say are causing the price of the metal used in beverage cans to surge. In the letter to Attorney General Jeff Sessions, U.S. Rep. Ken Buck (R-CO) and 31 additional congressional members pointed to “sharp increases” in the Midwest Premium — which represents the full logistics costs of shipping and storing metal in the U.S. — as the potential cause of aluminum pricing irregularities.

Women Represent Big Opportunity for Beer Industry

Women Represent Big Opportunity for Beer Industry

Beer companies haven’t effectively marketed to women, and they’re leaving a lot of opportunity for increased sales on the table, according to Bridget Brennan, CEO of Chicago-based consulting group the Female Factor. “We can’t underestimate that there has been, from a beer industry standpoint, a 150-year head start in marketing the product to guys as a guy’s product,” she told industry stakeholders who attended the Beer Institute’s annual meeting in Milwaukee, Wisconsin, this week.

Beer Institute Examines the Marijuana Industry During Annual Meeting

Beer Institute Examines the Marijuana Industry During Annual Meeting

North American sales of cannabis are expected to grow to $24 billion by 2021, Jessica Lukas, vice president of consumer insights at BDS Analytics, shared during the final day of the Beer Institute’s annual meeting in Milwaukee, Wisconsin. That figure, she added, doesn’t account for a potential end to the federal ban on marijuana in the United States.

Beer Institute Shares Results of 2 Consumer Surveys at Annual Meeting

Beer Institute Shares Results of 2 Consumer Surveys at Annual Meeting

The Beer Institute (BI) unveiled a pair of surveys during the first day of the trade group’s annual meeting in Milwaukee, Wisconsin, indicating public support for many industry issues as well as apathy from young drinkers. In his opening remarks, BI president and CEO Jim McGreevy shared the results of a poll on several hot button industry issues, including excise tax reform, President Donald Trump’s tariffs on aluminum and FDA menu labeling. Following McGreevy’s presentation, BI chief economist Michael Uhrich offered the results of a survey on the attitudes of 21- to 24-year-old consumers toward beer, wine and liquor.

Beer Institute CEO Discusses Latest on Tariffs (Video)

Beer Institute CEO Discusses Latest on Tariffs (Video)

As the clock turned to midnight, the exemption on aluminum and steel tariffs expired on Canada, the European Union and Mexico. The levies imposed by President Donald Trump — 25 percent on foreign steel and 10 percent on aluminum — will now be collected from the nation’s trade allies, who have subsequently threatened to impose their own tariffs on U.S. exports. Brewbound stopped by the Beer Institute’s Washington, D.C., offices to discuss the news with CEO Jim McGreevy. Watch the video above.

Beer Institute Calls For Investigation into Aluminum Pricing

Beer Institute Calls For Investigation into Aluminum Pricing

In the continued fallout of President Donald Trump’s tariffs on foreign aluminum and steel, the Beer Institute (BI) is now calling on the Department of Commerce, the Department of Justice and the Federal Trade Commission to investigate anticompetitive activity in the aluminum market.

Beer Institute Projects Shipment Declines in 2018

Beer Institute Projects Shipment Declines in 2018

The Beer Institute (BI) is forecasting U.S. beer shipments to decline between one and three percent in 2018, chief economist Michael Uhrich shared during the national trade association’s “State of the Industry” webinar today.

Beer Distributors Convene on Capitol Hill to Discuss Growth Strategies

Beer Distributors Convene on Capitol Hill to Discuss Growth Strategies

Leaders from the beer industry’s three largest trade associations are vowing once again to unite brewers and distributors in an effort to return the category to growth. Speaking to a group of nearly 700 U.S. beer distributors attending the annual National Beer Wholesalers Association (NBWA) legislative conference on Monday in Washington, D.C., Beer Institute CEO Jim McGreevy called on industry members to work together to curb volume losses.

Beer Institute Shares Latest Packaging Insights

Beer Institute Shares Latest Packaging Insights

Draft beer now accounts for nearly two-thirds of all on-premise beer volume, according to the Beer Institute’s (BI) annual State-Level Packaging Report, released today. Last year, 61.7 percent of all beer sold on-premise was poured on draft — a 1.8 point share gain — which the BI said is the highest on-premise draft share ever recorded.

President Trump’s Aluminum Tariff Would Harm Beer Industry, Stakeholders Say

President Trump’s Aluminum Tariff Would Harm Beer Industry, Stakeholders Say

In a move that would have wide-ranging effects on the beer industry, President Donald Trump yesterday announced plans to implement a 10 percent tariff on imported aluminum. The move comes weeks after the Commerce Department recommended tariffs on aluminum and steel as a national security precaution, citing the nation’s inability to build military weapons without foreign steel and aluminum.

Report: US Beer Makers Shipped 3.8 Million Fewer Barrels in 2017

Report: US Beer Makers Shipped 3.8 Million Fewer Barrels in 2017

2017 was historically bad for U.S. brewers, who shipped 3.8 million fewer barrels of beer than the previous year, according to the Alcohol and Tobacco Tax and Trade Bureau’s (TTB) unofficial estimate of domestic tax paid shipments. According to industry trade association the Beer Institute (BI) — which represents the interests of all brewers and importers and publishes the TTB’s monthly estimates — U.S. beer companies shipped about 170 million barrels of beer in 2017, compared to nearly 174 million barrels in 2016.

Congress Overhauls Tax Code, Gives Tax Breaks to Alcohol Producers

Congress Overhauls Tax Code, Gives Tax Breaks to Alcohol Producers

The U.S. Congress voted along party lines to pass the Republicans’ $1.5 trillion rewrite of the federal tax code, which includes two years of excise tax relief for alcohol producers and importers. The bill now heads to President Donald Trump, who is expected to sign it into law before the end of the week.