Articles Tagged with 'Openings & Closings'

Last Call: Tax Cuts for Brewers Passes House Committee; May US Beer Shipments Decline

Last Call: Tax Cuts for Brewers Passes House Committee; May US Beer Shipments Decline

In this week’s Last Call: The House Ways and Means Committee passed a one-year extension of the federal excise tax relief for alcohol producers and importers. Also, U.S. beer shipments declined in May, Deschutes begins selling canned drinking water, Bell’s Two Hearted tops the AHA’s best list, and more news briefs.

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.

DME: Buyer in Negotiations for Canadian Equipment Manufacturer

DME: Buyer in Negotiations for Canadian Equipment Manufacturer

A potential buyer for troubled Canadian brewing equipment manufacturer Diversified Metal Engineering (DME) appears to have emerged. In a January 18 report, Alvarez & Marsal, the receiver appointed in November after DME defaulted on loan payments to the Royal Bank of Canada (RBC), said it is negotiating with a potential buyer for the company’s primary business in Charlottetown, Prince Edward Island.

Hampered by Equipment Delays, Big Bend Brewing Suspends Operations

Hampered by Equipment Delays, Big Bend Brewing Suspends Operations

Nearly a month after Diversified Metal Engineering (DME) entered into receivership, a Texas craft brewery that paid the Canadian brewing equipment manufacturer more than $1 million in deposits is ceasing operations. In a December 21 social media post, Big Bend Brewing Co. announced it would “suspend operations” after six years, and shutter its taproom effective December 31.

Saint Archer Co-Founder Launches New Beer Brand in San Diego

Saint Archer Co-Founder Launches New Beer Brand in San Diego

More than three years after selling San Diego craft brewery Saint Archer to MillerCoors, Josh Landan is back in the brewing business. Landan, who co-founded Saint Archer in 2013, has launched a new brewing company, Harland Brewing Co., in San Diego with former Saint Archer VP Jeff Hansson and ex-market manager Anthony Levas.