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…
Reduction in Federal Excise Tax Signed into Law
President Trump signed into law H.R.1 today, which includes the Craft Beverage Modernization and Tax Reform Act (CBMTRA). CBMTRA lowers the federal excise tax for breweries, wineries and distilled spirits producers. For brewers the bill will reduce the federal excise tax on beer to $3.50/barrel (from $7/barrel) on the first 60,000 barrels for domestic… 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…
Molson Coors Continues Craft Brewery Buying Spree
Six Pints, a division set up by Molson Coors to establish and compete in the craft beer market in Canada has announced that it has purchased the Le Trou du diable craft brewery in Quebec. The Le Trou du diable brand is distributed throughout most of Canada in addition to about 20 states in… Read More…
Constellation Invests in Cannabis Industry
Constellation Brands, importer of Corona and owner of Ballast Point Brewing has dived into the cannabis industry by buying a 9.9% stake in Canopy Growth Corporation. Canopy Growth is a major publicly traded cannabis company based in Canada. Constellation has said it plans to work with Canopy to develop, market and sell cannabis-infused beverages…. Read More…
Calif. Breweries Dodge Fires So Far
It’s not just the California wine industry being hit by massive and devastating fires in Sonoma and Nap counties. The region is also home to a rich and thriving brewing community as well. In fact, New Albion Brewing Company, the first microbrewery to be built from the ground up opened just outside of the town… 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…
BA Offers Free Online Safety Training Course
The Brewers Association has announced the offering of a free Brewery Safety Training which addresses the need for occupational safety and health (OSH) training in the craft brewing industry. The training focuses on the specific work tasks typically performed at a brewery and is task based instruction as opposed to a traditional issue-based training approach…. Read More…
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