CBA Announces Soft 2014 Numbers

Craft Brew Alliance announced today in a preliminary financial report that the company had a net sales growth of $1.8 million for the fourth quarter, an increase of 4% over the fourth quarter in 2014, in spite of flat shipment volume. Gross profit for the fourth quarter increased by 13% to $15.5 million, and gross… Read More…

Seibel Institute Offer Two Scholarships

In collaboration with the Seibel Institute of Technology, the Glen Hay Falconer Foundation is offering two full-tuition brewing education scholarships in 2016. Both scholarship are full tuition grants and come with travel/lodging stipends. The first scholarship is to the World Brewing Academy Concise Course in Brewing Technology in Chicago in November 2016. The Concise Course… Read More…

Brewed in Hawaii? Kona Announces New Island Brewery

Kona Brewing Company has announced that it will invest approximately $15 million to expand its brewery operations in Hawaii. The expansion project, which will include a new 30,000 square-foot brewery, will increase annual production capacity to 100,000 barrels per year. Kona Brewing is currently narrowing its list of possible locations for the new facility, with… Read More…

Pabst Inks Deal to Brew at CBA Woodinville Brewery

Craft Brew Alliance announced that it has agreed to produce some Pabst Brewing brands at its Woodinville, Washington brewery. Pabst Brewing was also offered a three-year option to buy the 200,000 bbl brewery which mainly produces the Redhook beers for CBA. Craft Brew Alliance took over both the Woodinville and Portsmouth, N.H. breweries when it… Read More…

ABInBev Buys Breckenridge Brewing

Anheuser-Busch continues on a buying rampage, announcing today that it has acquired the Breckenridge Brewery in Colorado for an undisclosed sum. Breckenridge will be the latest craft brewery to join the ABInBev High End unit which consists of Goose Island Beer Co., Blue Point Beer Co. and Elysian Brewing Co., 10-Barrewl and Golden Road among… Read More…

ABInBev Craft Shopping Spree Continues

The craft brewery shopping spree continues as Anheuser-Busch InBev announced today that they have purchased the Camden Town Brewery. Founded by Jasper Cuppaidge, the owner of The Horseshoe pub in Hampstead, Camden Town Brewery started production in 2010. It employs 95 people and has sold about 45,000 bbls in 2015. The amount of the purchase… Read More…

AB Buys Sixth Craft Brewery

Anheuser-Busch InBev announced today that it is buying Four Peaks Brewing Co. of Arizona. Financial terms were not disclosed. Four Peaks is a 70,000 bbl/year brewery and is Arizona’s largest brewery and brewpub operator. It was founded in 1996. The brewery has two locations in addition to the main package plant, including an outlet at… Read More…

Senate Hears on Mega-Merger

The Senate Judiciary Subcommittee on Antitrust, Competition Policy and Consumer Rights held a riveting hearing yesterday on the $107 billion mega-merger of Anheuser-Busch InBev and SABMiller. AB InBev CEO Carlos Brito and Molson Coors CEO Mark Hunter, Bob Pease, CEO of the Brewers Association, Craig Purser, president and CEO of the National Beer Wholesalers Association… Read More…

Another Milestone — Most Breweries Ever in U.S.

The total number of U.S. breweries reached a record level in 2015, according to a year-end review from the Brewers Association. As of the end of November, there are now 4,144 breweries in the country, topping the historic high of 4,131 breweries in 1873. “This is a remarkable achievement, and it’s just the beginning,” said… Read More…

Senate to Hold Hearing on Mega-Merger

The Senate Judiciary Committee antitrust subcommittee will hold a hearing on Dec. 8th to hear testimony from industry experts and representatives. The $106 billion AB InBev takeover of SABMiller would be one of the largest mergers in corporate history and the largest ever in the global beer industry. Although it is certain that the new… Read More…