Firestone Walker Brewing Company announced yesterday that it will sell its Nectar Ales brand of beers to Total Beverage Solution (TBS), a beer, wine and spirits company based in Mt. Pleasant, South Carolina. “It’s a great brand and has a great lineage,” said Firestone Walker Brewing co-proprietor Adam Firestone. “We weren’t giving Nectar Ales the… Read more »
The Portsmouth Brewery today announced that longtime head brewer and creator of the internationally recognized Kate The Great Russian Imperial Stout – Tod Mott – will be stepping down, effective July 19th. Company spokesperson J.T. Thompson told Brewbound.com that Mott has not confirmed details of his next endeavor, but has not ruled out the possibility… Read more »
Video footage from last month’s Brewbound Craft Beer Session is now available on BeverageSchool.com, BevNET.com’s on-demand, video-based learning tool for especially designed for newcomers to the beverage industry. In June, industry experts gathered at the Brewbound Session in New York to discuss a myriad of topics that directly impact the business of craft brewers.
Yet another craft brewer has announced plans to expand with a second location. The Boulder, Colo. based Upslope Brewing is adding a secondary brewing facility just 6 miles from its current location on Lee Hill Road. “It’s a real upbeat part of town,” said company founder Matt Cutter.
The Longmont, Colo. based craft brewer Oskar Blues inked a distribution agreement today with Windy City Distribution, the Warrenville, Ill. based craft-centric wholesaler which already distributes other Colorado brands like Avery Brewing Company, Ska Brewing Company, Boulder Beer, Left Hand Brewing Co. and Great Divide Brewing Company.
UBS, the financial services company headquartered in Switzerland, has downgraded Boston Beer Company to ‘sell’ from ‘neutral. The 19-page report cites slowing topline growth and an absence of new product innovation as the main considerations behind the new rating.
As craft beer continues to mature and becomes more available in conventional retail channels, promotional periods like the Fourth of July are becoming increasingly important. Boston Beer Company saw nearly 3 percent of its Symphony IRI tracked U.S. supermarket sales occur during the July 4th week last year. Longmont, Colo. based craft brewer Oskar Blues… Read more »
Anheuser-Busch InBev, the world’s largest brewer, will acquire Mexico’s biggest beer company, Grupo Modelo, in a deal valued at $20.1 billion. It’s the second biggest beer deal since the Belgium-based InBev acquired Anheuser-Busch for $52 billion back in 2008.
Remember Ethel’s Brew? Two weeks ago a raunchy 88-year old grandma appeared out of nowhere, touting a new craft beer — Ethel’s Brew. It turns out it was all a marketing stunt. Behind it all was the popular ad agency DDB Worldwide, who created the brand and the fictional Ethel as part of an elaborate… Read more »
Some major distribution changes are on the horizon as Coronado Brewing plans for its inaugural brew – this Friday – in the company’s shiny new 20,000 sq. ft. San Diego production facility. Company President Rick Chapman confirmed with Brewbound plans to expand into Northern California and Nevada this year. Chapman tells us the Nevada rollout… Read more »
On Monday, Grupo Modelo confirmed reports that it was in acquisition talks with global brewing giant Anheuser-Busch InBev. UBS, the financial services company headquartered in Switzerland, released a 23-page report assessing the potential deal. UBS sees the acquisition as “strategically compelling,” calling it a “classic” ABI deal.
Following the July Fourth weekend, Karl Strauss Brewing Co. will send its first shipments of Red Trolley Ale and Tower 10 IPA into Northern California, marking the first time in the company’s 23-year history that its beers will be available for regular distribution outside of Southern California.
Golden Road Brewing is going into North County San Diego via Markstein Beverage Company, but hasn’t yet made up its mind about the rest of the city, founder Meg Gill told Brewbound.com. The news comes following an inaccurate report that Los Angeles Based GRB would be the first craft brand in L. Knife & Son’s… Read more »
When you think of corn during the summer months, you typically think of that backyard BBQ and some ears on the grill. Ipswich is hoping to change the way you get your fill of maize this summer with its latest local harvest offering, corn bock. It’s made with locally grown corn from Marini Farms and… Read more »
