Mark Anthony Brewing, a subsidiary of Mark Anthony Brands, maker of White Claw Hard Seltzer, has announced plans to build a new state-of-the-art brewery and production facility in Columbia, South Carolina. The company’s $400 million investment will be one of the largest breweries built in the U.S. in over 25 years according to a company… Read More…
Three Global Brewers Fare Better Than Expected in 3Q Earnings Reports
It wasn’t pretty, but it was better than expected for three global brewers who posted third quarter earnings last week. AB InBev reported 4% revenue growth in the third quarter, far better than the 4.2% drop predicted by analysts while Heineken’s organic volume sales fell 1.8% in the third quarter. Carlsberg was hit the… Read More…
Molson Coors Third Quarter Sales Down by 3%
Molson Coors Beverage Co. reported a decrease of 3.1% in the third quarter of fiscal 2020, driven by the continued on-premise restrictions from the Covid-19 pandemic. Net sales for the third quarter of $2.75 billion, compared with $2.84 billion in the third quarter of fiscal 2019. The company reported net income of $350.8 million…. 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…
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…
Pabst Blue Ribbon Launches Cannabis-Infused Seltzer
Pabst Blue Ribbon continues to explore and expand into alternative non-beer drinks, with its latest being a non-alcoholic cannabis drink that will be available in dispensaries and online. The Cannabis Infused Seltzer is a non-alcoholic, THC-infused lemon seltzer packed with five milligrams of THC in a 12-ounce can and will have the same familiar… Read More…
Coke Partners with Molson Coors for Launch of Hard Seltzer
Coca-Cola will partner with Molson Coors to launch its new line of Hard Seltzer, Topo Chico Hard Seltzer in the U.S. According to industry sources, Molson Coors will manufacture, market, and distribute Topo Chico for Coke. The seltzer will be available in four flavors; Tangy Lemon Lime, Exotic Pineapple, Strawberry Guava and Tropical Mango… Read More…
Coca Cola Will Enter the Hard Seltzer Category
The hard seltzer category was dominated by two brands during the first 24 months of its explosive growth. Others have jumped in as the growth shows no signs of slowing. Craft brewers have joined the partly as have all of the major-brand brewers. But you know its “a thing” when the non-alcoholic beverage behemoth Coca-Cola… Read More…
Yuengling & Molson Coors Form Joint Venture
Molson Coors Beverage Company and D.G. Yuengling & Son Inc. have formed a joint venture to oversee and execute the westward expansion of Yuengling beer into states beyond its existing 22-state footprint and New England, the two companies said today. The partnership will bring beers from America’s Oldest Brewery to millions more drinkers in… Read More…
Industry Needs ‘Trustbusting’ – A Look at How the Industry Favors Big Beer
Ron Knox, a senior researcher at the Institute for Local Self-Reliance, takes a deep dive in the beer industries three-tier system and how it favors the mega-large global brewers. A must read!
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