San Diego’s Green Flash Brewing has announced plans to begin national distribution of its aluminum packages. The company will begin selling three year-round offerings in 12 oz. cans next month. 6-packs of the company’s Jibe Session IPA, Passion Fruit Kicker and Sea to Sea Zwickel Lager began shipping to U.S. distributors today, according to a press release.
Craft beer brands that are bought out by private equity firms remain closer to their independent roots than those that are sold to large beer companies, according to Brewers Association director Paul Gatza. Speaking at this morning’s ‘State of the Industry” presentation during the Craft Brewers Conference in Philadelphia, Gatza told attendees that the difference maker in the white-hot transactional market is independence from the beer establishment.
The 2016 Craft Brewers Conference — happening May 3-6 at the Pennsylvania Convention Center — officially kicks off in about 48 hours and, if you’re anything like us, you probably still haven’t finalized all of your plans for the week. We’ve got you covered. Brewbound has hand-picked seven can’t-miss seminars for anyone attending this week’s conference. Want to hear some of the industry’s most successful brewery owners, retailers, entrepreneurs and executives read from a few pages of their playbooks? Then don’t skip these seven talks.
Presenting to a group of eccentric innovators and entrepreneurs who gathered in Carmel, Calif. for the “e.g” conference, Stone Brewing co-founder Greg Koch today revealed plans to launch a new $100 million fund for investing in “real” food and beverage companies. Beginning with an industry he knows well, craft beer, Koch said he’s secured $100 million from a group of “independent investors,” that will be used to acquire “minority, non-controlling” stakes in craft breweries.
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The world is not running out of hops, at least according to the Hop Growers of America. While fears of a global hop shortage have plagued the minds of brewers all over the world, Hop Growers of America (HGA) today reported that the bitter bud’s international supply is actually on the rise — with the United States fueling much of that growth.
10 Barrel Brewing is making its first major push outside of the western region since selling to Anheuser-Busch InBev 18 months ago. Previously distributed in California, Oregon, Washington, Colorado, Nevada, Hawaii, Alaska and Montana, 10 Barrel has partnered with about 20 A-B wholesalers in a handful of new craft-centric markets, including New York City, Boston and Minneapolis, co-founders Chris and Jeremy Cox told Brewbound.
When the millionaire owner of the fifth largest beer supplier in the U.S. stands on stage in front of hundreds of beer distributors and describes his company as a “small, upstart, underdog brewer,” it’s extremely hard not to roll your eyes. But that doesn’t mean Kashper, who together with TSG Consumer Partners, a private equity firm with offices in San Francisco and New York City, purchased the 172 year-old Pabst Brewing Company at the end of 2014, isn’t thinking like an entrepreneur.
Shares of Boston Beer (SAM) hit a 52-week low today, with stocks plummeting more than 8 percent after the company reported subpar first quarter earnings following yesterday’s market close. As a result, the nation’s second largest craft beer company lowered its expectations for 2016 during a formal earnings call with investors and analysts last evening — reporting sales well below previously projected targets for the first quarter of the year.
Pabst Brewing is one of the few companies that could put Star Wars’ smoothest space traveler, a nationally acclaimed barbecue pitmaster and hundreds of beer wholesalers in the same room without the entire event feeling like an the illegitimate love child of Comic-Con and South by Southwest. Maybe it helped that the scene was in Milwaukee: that’s where the country’s fifth largest beer supplier hosted, for the first time in about three decades, a rather lavish and impressive national distributor convention.
The iconic Brooklyn Brewery brand is getting a makeover for the first time in 28 years. The company this week announced the launch of a full-scale revamp for its entire line of packaged products.
Press Clips: Deschutes Targets 1 Million Barrels Annually at Roanoke Production Facility; Untappd Launches New Taplist Platform for Retailers; AB-InBev Accepts Asahi Offer for European Brands
Makeovers ares the name of the game in craft these days, even for relative newcomers like Ninkasi Brewing. The Oregon-based craft brewery, which was founded in 2006, this month will rollout rebranded versions of flagship offerings Total Domination IPA, Tricerahops Double IPA and Dawn of the Red, Red IPA.
The sale of Devils Backbone to beer giant Anheuser-Busch InBev has had rapid aftershocks within the industry. Devils Backbone co-owner Steve Crandall, who had served on the board of the non-profit trade association and chaired the group’s market development committee, offered his resignation last Tuesday, the same day his company announced the sale to A-B, Crandall told Brewbound.
