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…
Small breweries drive growth
The number of operating breweries in the United States grew 16% in 2017 and smaller breweries generally fared better than large ones. Total beer sales declined 1% for the year, while craft (as defined by the Brewers Association) beer sales grew 5%. Microbreweries, meaning ones that made 15,000 barrels or less, and brewpubs delivered 76%… Read More…
Boston Beer CEO Position with Peet’s Executive
Boston Beer announced today that former president of Peet’s Coffee, Dave Burwick, will take the reins of CEO. Dave will replace longtime Boston Beer CEO Martin Roper. Dave is currently on the Board of Boston Beer Co. and is expected to take over sometime in the second quarter of the year. He took the… Read More…
Stone Brewing Files Suit Against MillerCoors
Stone Brewing has filed a lawsuit against MillerCoors, alleging that the Keystone line of beers has infringed on the San Diego craft brewery’s “Stone” trademark. The complaint was filed yesterday in the U.S. district court of Southern California. Stone Brewing claims that MillerCoors is purposely trying to “steal the consumer loyalty” by highlighting the… Read More…
Closings Continue
New Hampshire’s Smuttynose Brewing Company has said they are seeking an immediate buyer and if none is found they will be sold at bank auction March 9. Founded in 1994, the company is a longtime well-known player in the craft brewing industry. Smuttynose owner Peter Egelston has been in the industry since 1986 when… Read More…
Top Stories of 2017
Here we go, with a look at the past. It has been a wild ride in the industry the last three years, and 2017 was no exception. More big changes, which will dramatically shape the future. BA Defined Craft Up 6% in 2016 MARCH 28, 2017 The year starts out where it left off,… Read More…
CBA Sells Woodinville Brewery
Craft Brew Alliance announced today that it has entered into an agreement to sell its Woodinville, Washington facility to Sound Commercial Investment Holdings, LLC for $24.5 million. The transaction is subject to a financing contingency and other closing conditions that are expected to be resolved by the end of 2017. The Redhook Ale’s Woodinville… Read More…
Avery Brewing Sells Stake to Mahou San Miguel
Avery Brewing Co. has announced a partnership with Mahou San Miguel, the second craft brewery deal the Spanish brewery has closed in the U.S in the last three years. “Dad and I decided 2 years ago that in order to fulfill our vision of the new brewery and all of Avery Brewing’s potential, it… Read More…
GABF Turns 36 with Record Number of Entries
The 36th annual Great American Beer Festival competition handed out a total of 293 medals to breweries small and large from across the U.S. The GABF is the largest commercial beer competition in the world. The awards ceremony, held at the Colorado Convention Center in Denver awarded gold, silver and bronze medals in 98… Read More…
Pabst and New Holland Partner on Distribution
New Holland Brewing Co. in Michigan and Pabst Brewing Co. announced today they will enter into a partnership agreement that focuses on the national distribution and sales of New Holland’s full portfolio of craft beer. “This partnership allows us to distribute our beer brands to more consumers throughout the country by leveraging PBC’s robust… Read More…
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