Well-known and respected brewing and malting scientist Charlie Bamforth will join the staff at Sierra Nevada Brewing Co., it was announced today. Bamforth has been a fixture in the brewing world for decades. He retired from his position as Professor of Malting and Brewing Sciences at the University of California, Davis, in December 2018…. Read More…
Iconic BridgePort Announces Closing
One of the oldest craft breweries in the country is closing. BridgePort, founded by Richard and Nancy Ponzi in 1984, announced on its Facebook page that the iconic brewery will close on March 10th. The announcement said that an extremely “competitive craft beer market” in the Pacific Northwest was the decision to close. … Read More…
Japan’s Beer Shipments Hit Record Low in 2018
Japan’s Beer Shipments Hit Record Low in 2018 by Natalie Wang The Drinks Business Japan’s beer shipments have been dropping for 14 consecutive years, and hit a new record low in 2018 with another 2.5% dip, according to figures published by five major breweries last week. The drop, according to a report by Jiji Press, is a… Read More…
R&D Brewing Acquires Bull Durham Beer Co.
Press Release: R&D Brewing Co. Industry Veterans to Maintain Ballpark-based Brewery and Operations, Look to Expand Reach of Iconic Brand DURHAM, NC – January 10, 2019 – R&D Brewing Company has purchased Bull Durham Beer Co., the first brewery in America to operate in a Minor League baseball stadium. Founded in 2015 by Capitol Broadcasting… Read More…
More Industry Layoffs Reported
On the heels of 2018 in which the beer industry experienced layoffs at both large and small producers, it was reported that Hanger 24 Brewery in Redlands, Calif. has laid off nearly half of its brewery production team. The company also laid off two sales people last month.
More Industry Layoffs as Deschutes Cuts Jobs
Bend, Oregon-based craft brewer Deschutes Brewing Company is laying off 10% of its workforce. The 400,000 barrels the company brewed on 2017 make it the 10th largest craft brewer in the U.S. The layoffs, as reported by The Bulletin, come after the company announced it was holding back on building a new brewing facility in… Read More…
Deals Continue – ABV Picks up Sixpoint
Artisanal Brewing Ventures, a private equity group formed by the the merger of Victory Brewing Company and Southern Tier Brewing Company two years ago, announced today that they were acquiring Brooklyn-based Sixpoint Brewing of Brooklyn. “Our resources, expertise in craft beer and high operating standards can unlock Sixpoint’s growth potential, improve its productivity, and… Read More…
Boston Beer Hits a Home Run in Earnings Report
It wasn’t just the color of red socks that gained attention in Boston last week, it was also some pretty impressive news coming out of Boston Beer Company as they announced their third quarter earnings last Friday. Depletions for the most recent quarter which ended September 29 were up 18% while shipments for the… Read More…
Kansas’ Largest Brewery to Cease Operations
Kansas certainly isn’t known as a top-tier state for craft beer, but when the largest craft brewery in the state closes, it is notable. According to numerous news sites, Tallgrass Brewing is ceasing all production this week as it failed to secure financing to keep the kettles boiling. Founded in 2007, the company built… Read More…
Green Flash Brewing Forecloses and Sells
In a flash of events, Green Flash Brewing was foreclosed on by their largest lender Comerica which in turn has sold the assets of the company to an investor group under the name WC IPA LLC. The Virginia Beach brewery was not picked up by WC IPA and will be sold separately. WC IPA… Read More…
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