Articles Tagged with 'California'

Coronado Brewing Targets High Single-Digit Growth in 2020

Coronado Brewing Targets High Single-Digit Growth in 2020

Coronado Brewing Company is poised for “planned strategic growth” in 2020, the company’s new CEO James Murray told Brewbound. According to Murray, the company’s projections for the year include 5% to 10% depletions (sales to retailers) growth. In 2019, Coronado sold 35,100 barrels, an 8.1% increase from the 32,471 barrels sold in 2018.

Press Clips: Anchor Brewing Union Contract Finalized; D.C. Brau Receives Investment

Press Clips: Anchor Brewing Union Contract Finalized; D.C. Brau Receives Investment

Employees at Anchor Brewing ratified a three-year contract with the International Longshore and Warehouse Union (ILWU), Local 6 earlier this month, a first for the San Francisco-based brewery. D.C. Brau raised $614,335 from 12 investors during a recent equity raise, according to a December 19 U.S. Securities and Exchange Commission filing. Columbus, Indiana-based 450 North Brewing Company has posted an apology on its social media accounts for selling its Slushy line of beers with the incorrect alcohol by volume.

Last Call: Alabama Breweries Merge; Truly Hard Seltzer to be Available on American Airlines Flights; Local Roots Acquires Latitude 33’s Facility

Last Call: Alabama Breweries Merge; Truly Hard Seltzer to be Available on American Airlines Flights; Local Roots Acquires Latitude 33’s Facility

Alabama’s Straight to Ale and Druid City Brewing merge. Truly Hard Seltzer will be offered on American Airlines flights. Kombucha brewer Local Roots acquires Latitude 33’s production facility. Anheuser-Busch InBev returns as official beer sponsor of the NHL and launches larger partnership with the NBA’s Brooklyn Nets.

Stone and Karl Strauss CEOs Discuss Selling Out, Self-Distribution and Maintaining Culture

Stone and Karl Strauss CEOs Discuss Selling Out, Self-Distribution and Maintaining Culture

Stone Brewing CEO Dominic Engels and Karl Strauss Brewing CEO and co-founder Chris Cramer discussed their respective companies’ operations and strategies last week at the Brewbound Live business conference in Santa Monica. Both San Diego companies are listed on not-for-profit trade group the Brewers Association’s (BA) list of the 50 largest craft breweries. However, Engels and Cramer offered varying perspectives for attendees and viewers.

Investor John Gallegos Becomes Majority Owner of SouthNorte Beer Co.

Investor John Gallegos Becomes Majority Owner of SouthNorte Beer Co.

California businessman John Gallegos has increased his investment in SouthNorte Beer Company, buying out Coronado Brewing’s minority stake in the brand and making him the majority owner of the San Diego, California-based microbrewery. SouthNorte was founded in 2016 as a partnership between Gallegos, San Diego-based Coronado Brewing, SouthNorte head brewer Ryan Brooks and Brandon Richards, the former CEO of SouthNorte and Coronado and the current president of AleSmith Brewing Company.

Lagunitas Keeps Focus on IPA with New Campaign

Lagunitas Keeps Focus on IPA with New Campaign

Four months after joining Lagunitas Brewing Company, chief marketing officer Kelly Murnaghan has big plans for the Petaluma, California-based, Heineken-owned craft brewery.

Russian River Brews Sonoma Pride to Support Firefighters

Russian River Brews Sonoma Pride to Support Firefighters

Russian River is brewing a Sonoma Pride IPL after a wildfire forced the evacuation of the popular Windsor, California, craft brewery last week. Co-founder Natalie Cilurzo told Brewbound that Sonoma Pride will be available next month at both the Windsor and Santa Rosa breweries and proceeds will support a yet-to-be-determined charity that supports firefighters.

Bear Republic to Close 24-Year-Old Brewpub Location in November

Bear Republic to Close 24-Year-Old Brewpub Location in November

Bear Republic Brewing Company will close its Healdsburg, California-based brewpub, which first opened in 1995, on November 22, according to a post on the location’s Facebook page. Speaking to Brewbound, Bear Republic president and CEO Richard G. Norgrove cited mounting building improvement costs at the Healdsburg brewpub location, which the company’s landlord would not cover,… Read more »

Fort Point Beer Company Expands Distribution Statewide in California

Fort Point Beer Company Expands Distribution Statewide in California

San Francisco’s Fort Point Beer Company has signed with eight wholesalers in California, expanding the craft brewery’s distribution footprint statewide. “For six years, Fort Point has pretty much been sold in nine counties around the Bay Area with a couple of things being sold here and there outside of that,” Fort Point co-founder and CEO Justin Catalana told Brewbound. “But we just flipped the switch to sell through the rest of California.”

Bear Republic Shakes Up Leadership Team

Bear Republic Shakes Up Leadership Team

Bear Republic Brewing Company co-founder Richard R. Norgrove will step down as CEO, the Northern California-based company announced Monday. Mr. Norgorve’s son, Richard G., will take over as the company’s chief executive. In addition to the younger Norgrove’s transition into the CEO role, Bear Republic named long-time employee Peter Kruger as its new chief operating officer. He takes over for Richard G. Norgrove, who also goes by “Ricardo.”