Submitted by Doug Walker, Sales Director – Berryessa Brewing Co. We’re all to blame. Me, you, the brewer, the craft beer bar – we’re all guilty and we know it. Production realized volume would move fast, sales saw dollar signs, but none of us could foresee how far this trend would go. Most of us… Read More…
‘Triumph’ Hop Announced by USDA
The U.S. Department of Agriculture, Agriculture Research Service (ARS) announced the release of USDA “Triumph’” a new high-yield aroma hop. The hop is expected to be most ideal and utilized by brewers in the growing lager, pilsner-styles and pale ales. The USDA Notice is here.
Craft Brewery Openings Plummet in U.K.
A report by the financial firm UHY Hacker Young on the UK craft beer market has shown that the number of new brewery openings has come to a screeching halt. The rate of new craft breweries opening up in the UK has mirrored the trends in the U.S., with the number of independent breweries… Read More…
Boston Beer Shows Strong First Quarter
The Boston Beer Company reported first quarter 2019 net revenue of $251.7 million, an increase of $61.2 million or 32.1% from the same period last year, mainly due to an increase in shipments of 32.5%. The significant increase in net revenue, compared to the first quarter of 2018, was driven by the planned acceleration… Read More…
Craft on Craft Continues – Mammoth Acquires Great Basin
The expected wave of ‘craft on craft’ mergers is beginning to show signs of life. The latest merger of two craft breweries was announced yesterday with Mammoth Brewing in Mammoth, CA acquiring Great Basin Brewing in Reno, NV. Great Basin and Mammoth Brewing will continue as different craft breweries, with Greta Basin founder, Tom… Read More…
Modern Times Goes to Crowdfunding
After “vastly exceeded” their growth expectations, Modern Times founder Jacob McKean is inviting Modern Time fans to become “one of the owners of the company.” In a video statement, McKean stated that the company was “trying to stay independent” rather than take the “easy route out” by partnering with a strategic partner or venture… Read More…
Constellation to Close Satellite Ballast Point Locations
Constellation Brands has said it will close the Ballast Point brewpub in Temecula according to an article in the Press-Enterprise. The company will also close its sour beer and barrel-aging facility, which has a dedicated 40-barrel brewhouse. The announcement comes just a few weeks after Constellation took a $108 million impairment charge to the… Read More…
Heineken Goes N/A
With the overall beer market down just about 1% in 2017 and 5% over the past four years, brewers of all sizes are looking in different directions, from dipping toes in the cannabis industry, spirits, alcoholic seltzers and other creative avenues. Heineken is going non-alcoholic. Heineken 0.0 was first launched in the Netherlands and… Read More…
Patagonia Sues ABInBev Over Trademark Infringement
Clothing company Patagonia is suing Anehuser-Busch InBev over AB’s new Patagonia Bohemian Pilsner brand. According to the CNN Business online site, AB InBev was granted a trademark to sell Patagonia beer in the United States in 2012, but the company sat on the name until 2018, when it started selling beer with the branding…. Read More…
Snow and Slow Descend on CBC in Denver
As the snow began to fall outside the Colorado Convention Center in Denver in day two of the Craft Brewers Conference, the talk inside the center turned to slower growth in the industry. Bart Watson, chief economist for the Brewers Association said during the General Session that the 4% growth for craft beer in 2018… Read More…