Articles Tagged with 'Brewers Association'

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.

Brewers Association: 4% Craft Volume Growth ‘Likely’ in 2019

Brewers Association: 4% Craft Volume Growth ‘Likely’ in 2019

Craft brewers are on pace for another year of low single-digit growth, the Brewers Association announced today in its annual “The Year in Beer” review. The not-for-profit trade organization representing small and independent U.S. craft breweries projects 2019 volume growth of 4%, down slightly from the 2018 number.

Nielsen: Active Lifestyle Beers Offer Big Opportunity for Craft, IPAs Remain Dominant Style and Value Tops Volume

Nielsen: Active Lifestyle Beers Offer Big Opportunity for Craft, IPAs Remain Dominant Style and Value Tops Volume

Consumers are considering health and wellness more and drinking less but willing to spend more on alcoholic beverages when they do drink, members of market research firm Nielsen’s beverage alcohol team shared during last week’s Brewers Association Power Hour webinar. Here are three takeaways from Nielsen’s latest update on craft’s mid-year performance. Consumers More Mindful… Read more »

Hop Forward Career Fair Seeks to Diversify Massachusetts’ Brewing Industry

Hop Forward Career Fair Seeks to Diversify Massachusetts’ Brewing Industry

About 150 job seekers turned out Tuesday evening for the first-ever Hop Forward Career Fair, a networking event held at Mass Bay Brewing’s Harpoon Brewery in Boston’s Seaport District, with the goal of attracting candidates from under-represented communities into the craft beer industry.

Wrapping up the 2019 Great American Beer Festival

Wrapping up the 2019 Great American Beer Festival

About 60,000 people attended last week’s Great American Beer Festival in Denver, but the 2019 edition of national trade group the Brewers Association’s (BA) largest consumer-facing event may mark the last in which beer is the only featured alcoholic beverage.

Beer Growth initiative’s ‘Beers to That’ Campaign Launches in Austin

Beer Growth initiative’s ‘Beers to That’ Campaign Launches in Austin

After about four years of discussion, the stalled effort to launch a brand agnostic, pro-beer marketing campaign to improve category health officially kicked off today in Austin, Texas. The so-called Beer Growth Initiative, a coalition of the industry’s three trade groups — the National Beer Wholesalers Association (NBWA), Brewers Association (BA) and Beer Institute (BI) — as well as large and small beer companies also revealed its first slogan: “Beers to That.”

Aluminum Can Producers Warn of Price Increases, as President Trump Threatens to Increase Tariffs on Chinese Imports

Aluminum Can Producers Warn of Price Increases, as President Trump Threatens to Increase Tariffs on Chinese Imports

Barring a resolution before next week, President Donald Trump’s escalating trade war with China — and increased tariffs on aluminum can sheet — threatens to further impact U.S. beer companies’ bottom lines. On Friday, Trump announced via Twitter plans to increase tariffs on $550 billion of imported Chinese goods over the next two months in retaliation for China saying it would impose $75 billion in tariffs on goods imported from America beginning October 1. And aluminum can producers are bracing for the higher aluminum costs and passing them onto their customers.

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.