Read the latest beer industry news relating to brewery operations, taproom updates, openings, and closings. Stay up-to-date on new beer ventures and taproom openings and learn about the challenges leading to shutdowns.
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Colorado’s Stem Ciders is heading east. The Denver-based cider company has acquired Durham, North Carolina-based Black Twig Cider House from owner Matthew Beason.
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.
Less than a month after the signing of the 2018 Farm Bill, Canadian cannabis company Canopy Growth Corporation has announced plans to invest up to $150 million to establish its first U.S. production facility in New York state. Earlier this week, Canopy announced that the Empire State had granted it a license to begin processing and producing hemp. In a press release, Canopy said it would invest between $100 million and $150 million to build a U.S. operation in New York’s Southern Tier.
Aiming to establish a deeper connection in one of the key out-of-state markets where it distributes, fast-growing Ohio brewery Platform Beer Co. has announced plans open a brewery and taproom in Pittsburgh later this year.
In this week’s edition of Last Call: Utah enacts new drunk driving limit; cannabis bars are coming to West Hollywood; Ray Faust lands at Crook & Marker; Buffalo Wild Wings unveils new store designs; Anheuser-Busch responds to Iowa State fans’ thirst for Busch Light; and more industry news.
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.
Craft brewery owners in Pennsylvania are attempting to restructure the collection of a forthcoming sales tax that is slated to begin next July and would increase the cost of beer sold directly to consumers for on- and off-premise consumption at the state’s nearly 300 taprooms, tasting rooms and brewpubs. The point of contention for brewery owners is not the implementation of the tax itself, but rather when it is collected.
In this week’s edition of Last Call: Craft Beer Guild appeals a $2.6 million ‘pay-to-play’ fine; 4,000 craft brewers have adopted the Brewers Association’s independent seal; the TTB fines a Miami A-B wholesaler $1.5 million; and more beer industry news.
Arcadia Ales is in negotiations with a ‘strategic partner’ to avert foreclosure; Schlafly CEO James Pendegraft steps down; Deschutes delays Roanoke brewery project; Benchmark Brewing seeks a buyer; and Great Waters shutters.
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.
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.
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.
Charlotte, North Carolina-based Sycamore Brewing is “living in fast forward,” according to vice president of sales Archie Gleason. The Kenny Chesney lyric appears apt for the 5-year-old craft brewery, which plans to double its beer and cider production by the end of the year.
A new generation is now leading the day-to-day operations of 30-year-old Grand Teton Brewing Company at a time when competition has never been stiffer. Last year, Chris Furbacher and his wife, Laura, moved to Victor, Idaho to help his parents, Steve and Ellen Furbacher, run the 30-year-old craft brewery.
