According to the Mikkeller Brewing NYC Facebook page, the company is permanently closing its New York City location at Citi Field. The stadium location, which operated as a brewery, bar, and restaurant was opened in March of 2018 and was Mikkeller’s second U.S. brewery location next to San Diego. Mikkeller was founded in 2006 in… Read More…
And the Winner Is……GABF Competition Awards Ceremony Goes Live at 4PM (PDT)
The Brewing Network will soon be broadcasting the 2020 GABF Competition Awards Ceremony via their Youtube channel starting at 4:00pm PDT. Click here to watch.
Open a New Brewery Now? Some Say It’s a ‘Great Time to Start’
The hospitality sector has been devastated. Brewery on-premise business has been significantly down for months. There is a national shortage of cans. And no one knows for sure when the pandemic will be behind us. But some in the industry say now is a good time to start a brewery. It’s not going to… Read More…
Heineken Hit with $2.58 Million Fine in U.K. Pub Business
Dutch brewer Heineken has been hit with a $2.58 million fine for forcing its pub tenants to stock “unreasonable levels” of its beers. The Pubs Code Adjudicator (PCA), which regulates large bar chains in the UK ruled that the on-premise pub business Star Pubs & Bars, an arm of Heineken, had “seriously and repeatedly”… Read More…
Ballast Point to Close Chicago Brewpub – for the Winter
In what may be an increasingly familiar survival tactic, Ballast Point Brewing is closing its Chicago brewpub for the winter with plans to reopen in spring. In some areas of the country where outdoor dining is rarely (or never) an option during the cold winter months and indoor dining capacity is restricted due to… Read More…
Oregon Proposal Would Increase Tax on Beer, Cider and Wine.
The Oregon Health Authority is proposing a tax increase on beer, wine and cider that would generate $293 million in new revenue during the 2021-23 biennium. The hike would translate to an additional tax of 7 cents per 12-ounce serving of beer or cider and about 23 cents on a five-ounce serving of wine. The… Read More…
TTB Updates Policy on Gluten Content Statements
In response to changes to the Food and Drug Administration (FDA) regulations, the TTB has updated their policy on gluten content statements on labels and in advertisements for wines, distilled spirits, and beer. The TTB is continuing to authorize the term “gluten-free” if the product would be entitled to make a “gluten-free” labeling claim… Read More…
How to Value Your Craft Brewing Company
With new challenges facing brewers amid a pandemic and quickly evolving alcohol beverage industry, perhaps more brewers are looking to sell their business than at any other time in the craft beer history. But at what price? Consulting company First Key describes the basis of valuation and the approaches that would be considered in… Read More…
Can Shortage: 10 Billion Cans Short
Ball Corp., the world’s largest manufacturer of cans, has said that the company is short 10 billion cans in 2020, according to an article in the Washington Post. Craft brewers and other small beverage manufacturers may be suffering the most. “In times of shortage, there are no antitrust violations with privileging your largest… Read More…
CAMRA ‘Increasingly Concerned’ By Big Beer Consolidation in UK
The trade group Campaign for Real Ale (CAMRA) said it was “increasingly concerned” that small businesses will lose out as a result of the Carlsberg acquisition of Marston’s Brewery, the British brewery, pub and hotel operator. The British Competition and Markets Authority recently ruled that the proposed venture would not have an adverse effect… Read More…
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