Cigar City’s search for a second production facility took the company to the Carolinas this week. As reported this morning by the Citizen Times, Joey Redner, founder of the Florida-based craft brewery, has been scouting locations in Western North Carolina as well as in Upstate South Carolina, in hopes of finding a place to build a new brewery comparable in size to its flagship facility in Tampa.
Continuing to build out a footprint on the eastern half of the country, Deschutes Brewery has announced plans to expand distribution throughout Washington D.C. and northern Virginia early next month. The brewery, headquartered out of Bend, Ore., has signed agreements with Premium Distributors — part of the Reyes Beverage Group — in both markets.
The city of Richmond, VA is throwing in more than $30 million in grants and bonds to help Stone Brewing build out an east coast facility that could be operational as early as late next year. As reported by Richmond Bizsense, the Richmond mayor’s office will issue $23 million in bonds to fund development of the project and kick in another $8 million in bonds for the brewery’s restaurant and beer garden.
San Diego’s Green Flash Brewing today announced it will begin construction on its second location, a 58,000 sq. ft. brewing facility in Virginia Beach that will eventually be capable of producing 100,000 barrels of beer per year. Officially scheduled to open in 2016, the $20 million brewery will be built on a 9-acre lot in the area’s Corporate Landing Business Park.
Last week, Brewbound traveled to the Great American Beer Festival in Denver, Colo. to ask brewers how difficult it has become to launch a new beer in today’s crowded landscape. Those responses are featured in our final video segment from the 2014 GABF, included above.
Last week, we traveled to the Great American Beer Festival in Denver, Colo. to ask attendees how market segmentation was impacting the retail landscape. Many noted that growing interest in small local brands is making it tougher to compete while others were more optimistic about the potential growth of shelf space. Hear those responses in our latest video segment.
The suspense is over. After months of speculation, Stone Brewing Co. has formally announced its intent to build a new brewery in Richmond, Va. Pending local approvals, the country’s tenth largest craft brewer said it will build an east coast brewing facility in Richmond’s Greater Fulton Community. The San Diego brewery has signed a formal letter of intent with the city and plans to invest $74 million to construct a production brewery, packaging hall, restaurant and retail store.
Dogfish Head today announced significant changes to its executive leadership team, including the departure of longtime vice president of sales, Adam Lambert, who will leave the company to pursue a new opportunity within craft beer. The Delaware-based craft brewery also announced it would promote current chief operating officer, Nick Benz, to the role of CEO.
With a multiple expansion initiatives already underway, Bell’s Brewery said it plans to hire more than 100 people in an effort to fill both full- and part-time positions at its brewery and retail locations.
There’s now a steady stream of private equity money flowing into craft — but will the floodgates open fully? How will the influx of investment capital impact the competitive landscape? We traveled to the 2014 Great American Beer Festival in Denver, Colo. to ask attendees for their thoughts.
A new report from Bart Watson, the BA’s staff economist, found that an influx of female drinkers, greater engagement in the Hispanic market, and geographic diversity of brewery locations have played pivotal roles in shaping a more well-rounded craft consumer base.
Rogue Ales & Spirits has hired Jim Schembre, the former Monarch Beverage and World Class Beer general manager, as its new vice president of sales. Schembre, who has served on Rogue’s Board of Directors for the last eight years, will immediately replace outgoing Rogue VP Steve Irwin.
Having finalized agreements with seven wholesalers in the state, Boulevard Brewing will expand its distribution throughout South Carolina by the end of the month, the company announced today. The brewery, which was acquired by Belgium-based Duvel Moortgat in 2013, has inked deals with Lee Distributing, Comer Distributing, Greenco Beverage Co., Beverage South, H&S Wholesalers, Better Brands, and Crown Beverages, per company statement.
Oskar Blues will continue its ‘aggressive’ expansion efforts next month when it launches new distribution in Missouri via a wholesale arrangement with Major Brands Inc. The Longmont, Colo.-based craft brewery — which also owns and operates a secondary production facility in Brevard, NC — yesterday announced it will broaden its footprint, launching draft and can packages on November 10 with a string of market blitz initiatives and kick-off events.
