Articles Tagged with 'Openings & Closings'

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.

Canarchy Craft Brewery Collective to Open Asheville Brewpub

Canarchy Craft Brewery Collective to Open Asheville Brewpub

The Canarchy Craft Brewery Collective today announced plans to open a brewpub — in Asheville, about 30 miles north of Oskar Blues’ production facility in Brevard. Dubbed “The Canarchy Collaboratory,” the new outpost will occupy the soon-to-close Lexington Avenue Brewery (LAB) space.

Colorado’s Fate Brewing Company Files for Bankruptcy

Colorado’s Fate Brewing Company Files for Bankruptcy

Yet another small brewery has found itself in financial trouble. The parent company of Boulder, Colorado-based Fate Brewing Company, Fate Restaurants LLC, has filed for Chapter 11 Bankruptcy protection. According to the November 1 filing, Fate owes more than 50 creditors between $1 million and $10 million. The company also claims between $1 million and $10 million in estimated assets.

Former Saint Archer Execs Raise $3.9 Million; Launch New Beer, Wine and Distribution Companies

Former Saint Archer Execs Raise $3.9 Million; Launch New Beer, Wine and Distribution Companies

The former leaders of Saint Archer Brewing Company are back in the booze business after raising nearly $4 million to launch three separate beer, wine and distribution ventures. Anchored under Ocotillo Holdings LLC, the first of the three businesses — Scout Distribution, a craft-focused beer and wine wholesaler — officially launched Wednesday in San Diego. Led by Saint Archer co-founder Josh Landan, ex-VP Jeff Hansson and ex-market manager Anthony Levas, Scout Distribution will act as both a boutique wholesaler and a marketing consultancy.

As Distressed Breweries Close, More Used Equipment Heads to Auction

As Distressed Breweries Close, More Used Equipment Heads to Auction

As the U.S. brewing industry inches closer to a record 7,000 craft beer companies in operation, hundreds of distressed breweries are expected to close in 2019 and many of those failed enterprises will turn to asset auctions as a way to pay off debt. Brewers Association chief economist Bart Watson told Brewbound during a live-streamed interview at last week’s California Craft Brewers Association Summit that he anticipates as many as 300 brewery closures by the end of 2018. According to Watson, he expects the gap between openings and closings to shrink over time, and there could be as many as 500 closures in the next couple of years. The increasing number of brewery closures has also meant an uptick in business for auction houses.

Divergent Growth Strategies Emerge in a Competitive Craft Beer Marketplace

Divergent Growth Strategies Emerge in a Competitive Craft Beer Marketplace

As the craft landscape has become increasingly competitive and as growth has slowed, some craft brewers are beginning to alter their approaches to expansion. While some companies have restructured their sales and marketing teams and laid off employees, others are starting to reexamine their brick-and-mortar strategies. Take the divergent paths of Other Half Brewing Company in Brooklyn and Renegade Brewing Company in Denver, for example.

Blue Moon Creator Quietly Launches High End-Focused Beer Brand in Colorado

Blue Moon Creator Quietly Launches High End-Focused Beer Brand in Colorado

Blue Moon inventor Keith Villa, who retired from MillerCoors in January after a storied 32-year career, isn’t leaving the beer business after all. Much of the press following his departure from the country’s second-largest beer company centered around the launch of Ceria Beverages, a startup focused on releasing a line of non-alcoholic craft beers containing THC. At the same time, however, Villa and his wife, Jodi, had quietly launched Donavon Brewing Company in their hometown of Arvada, Colorado.

Boston’s Pop-Up Taproom Trend Continues as Night Shift Secures 2 Outdoor Spaces

Boston’s Pop-Up Taproom Trend Continues as Night Shift Secures 2 Outdoor Spaces

A growing number of Boston-area beer companies have turned to pop-up beer gardens in an effort to engage consumers during the summer months. Despite an array of outdoor options for drinkers to grab a beer on a hot summer day, Boston-area craft brewery Night Shift still sees opportunity to expose local consumers to its brands.