Father and son Pat and Shawn McIlhenney, founders of Alpine Brewing Co., will rise from the ashes again after a bumpy ride over the years since selling to Green Flash Brewing in 2014. After taking somewhat of a back seat in the Green Flash portfolio, lenders foreclosed on Green Flash in 2018 and father Pat… Read More…
Dixie Brewing to Re-brand and Change Its Name
Dixie Brewing Company, founded in 1907 and New Orleans’ oldest brewery, will change its name and re-brand. The brewery has a storied past, having survived Prohibition, but not Hurricane Katrina, which heavily damaged the brewery and forced production to be contracted out of state. Saints and Pelicans owner Tom Branson purchased the brewing company in… Read More…
The Magic Hat Era Ends in Vermont
Magic Hat Brewing Company, one of the first craft breweries in Vermont, will no longer be brewing beer in the state where it was born. Formed in 1994 in Burlington, the storied brewery was founded by industry character Alan Newman, whose visionary brand graphics and esoteric beers became one of the leading craft beer brands… Read More…
CBA Sells Hawaii Operations of Kona to Expedite Deal with AB
Craft Brew Alliance has announced plans to sell its Kona Brewing operations in Hawaii to help expedite the regulatory review of Anheuser-Busch InBev’s agreed deal to buy out the remaining shares of CBA that it doesn’t already own. AB, which owns 31% of CBA originally passed on an option to buy the remaining shares last… Read More…
No-Li Announces Major Expansion Project
No-Li Brewhouse of Spokane, WA has said they are planning to build a new production facility to expand production. The company will maintain their current brewery for small-batch brewing and brand research. Although a site has not been selected for the new brewery, bank financing has been obtained for the project, which could cost… Read More…
Craft on Craft Deals Continue Despite Pandemic
Despite the most challenging times to impact the beer business since prohibition, acquisitions and deals are still being made. Two craft-on-craft deals were announced in the last week. Cooper Mountain Ale Works in Beaverton, Oregon has purchased the 13 year-old Max’s Fanno Creek Brew Pub southwest of Portland as reported by The New School…. Read More…
Big Ditch Brewing Goes Big – Moves Forward with $32 Million New Brewery
Big Ditch Brewing in Buffalo New York is not letting a pandemic or deep recession slow their plans to grow. The company just received $1.9 million in tax breaks from the Erie County Industrial Development Agency to move forward with a new facility in nearby Cheektowaga that will have a 50,000 barrel capacity brewery, a… Read More…
Gordon Biersch Restaurant and Rock Bottom Chain Announce Mass Layoffs
CraftWorks Holdings, which owns the Gordon Biersch Brewery Restaurant chain, Rock Bottom Restaurant & Brewery chain and Logan’s Roadhouse has permanently laid off nearly all of its 18,000 employees and closed its 261 restaurants in response to stay-at-home orders issued in most states due to the coronavirus. The company filed for bankruptcy in early… Read More…
Brewers Association Hands out $50K in Diversity Grants
The Brewers Association has committed $50,000 to fourteen different events around the country, with the goal of encouraging “diversity and inclusion” in the craft-beer world. Some of the other winners include: ColdXela, a Los Angeles festival focused on Latinx, Asian and African-American beer brewers; FemAle Brew Fest, a one-day Florida event that celebrates women… Read More…
Ballast Point Deal Closes – Will Open New Taproom in Calif.
Three months after the deal that shocked the industry, the Kings & Convicts agreement to purchase Ballast Point Brewing from Constellation Brands has closed. It’s a done deal. The company said in a Chicago Tribune article that they will soon announce a new satellite taproom location in northern California. Ballast point currently has five… Read More…
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