Category: Beverage Industry News
- Business of Beer 766
- Commentary 159
- Crisis Response 190
News Industry Pioneer and Summit Brewing Founder Mark Stutrud to Retire
Summit Brewing Co. founder and godfather of the Minnesota craft brewing scene Mark Stutrud will be retiring as company CEO. He will continue to stay involved with the 37 year-old brewery as brand ambassador as Chief Strategy Officer, Brandon Bland takes over as CEO.
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News 2023 Hop Report Released – Production Up 2% From Last Year but Value Down 9%
Hop production for Idaho, Oregon, and Washington in 2023 totaled 104 million pounds, up 2% from the 2022 crop of 102 million pounds. Despite production being up, the total number of acres of harvested hops actually decreased by 10%. Although total acreage was down, growers had a better yield this year at 1,915 pounds per acre, up 221 pounds from a year ago.
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News Growth in Low and No-Alcohol Beverages Continues to Grow – Worth $1.8B in US
Growth for low and no-alcohol beverages continues to impress, with latest figures indicating that growth for the two categories grew by 5% globally in 2023 and is expected to grow another 15% in the US through 2027. The no-alcohol market in the US is now worth over $1.8 billion.
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News Anchor Steam IP and Brewery Up for Grabs Soon – Former Employees Still Hoping to Buy
One big question lingering since the closure of Anchor Brewing Company is where the intellectual property rights to Anchor Brewing and Anchor Steam beer would land. That is still unknown, but the bidding for both the IP and the brewery may be around the corner.
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News Craft on Craft Continues – Dorchester and Aeronaut Brewing Combine
A pair of Boston area breweries, Dorchester Brewing Company and Aeronaut Brewing Company have joined forces. Dorchester’s Matt Malloy will take charge of the combined company with plans to add as many as three other regional brewers into the new entity.
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News Craft Beer Marketing Awards Now Open for Submissions for 2024 Awards
The Craft Beer Marketing Awards is now accepting submissions for its 2024 awards. The awards are handed out for the best marketing achievements in the global craft beverage industry. Anyone involved in creative marketing and advertising for craft beverage brands such as artists, marketing staff and ad agencies are all welcome to submit their work.
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News Goose Island Clybourn Brewpub to Close
The 35-year-old Goose Island brewpub on Clybourn Street in Chicago, which inspired the craft brewing scene in the region has closed. The brewpub, which opened in 1988 was a common stop for brewing professionals when visiting the Chicago area, along with a visit with father-son founders John and Greg Hall.
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News BA – 2023 to be First Year of Declining Craft Beer Production
The Brewers Association has said that all signs point to production being down in 2023 — a first (excluding a unique 2020) for BA-defined independent brewers. The association also noted that despite the growing headwinds, there were more brewery openings than closings this year.
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News Carlsberg to Sell Famed Ringwood Brewery
Carlsberg Marston’s Brewing Company plans to close the famed Ringwood Brewery in Ringwood, England and move production of the brands such as Old Thumper to other Carlsberg plants. The company announced that the brewery would close in January 2024.
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News Beer Institute Say Aluminum Tariffs Have Cost the Beverage Industry $2.175 Billion
A research study conducted on behalf of the Beer Institute reveals that the American beverage industry has paid more than $2.175 billion in unnecessary fees due to aluminum tariffs that were implemented nearly six years ago. The study concluded that brewers all sizes pay a higher price for aluminum, whether the aluminum is sourced in the US or overseas.
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News Fawn Weaver to Keynote 2024 Craft Brewers Conference
The Brewers Association today announced Fawn Weaver, business entrepreneur and founder and CEO of Uncle Nearest Premium Whiskey, as the keynote speaker at its upcoming Craft Brewers Conference in Las Vegas. Weaver’s keynote address, “The Story of Uncle Nearest and What Craft Distillers and Brewers Have in Common,” will cover her journey to becoming the first non-celebrity Black American woman to build an independent company valued at over $1 billion from the ground up, in just four years.
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News IBD Announces New Technical Course on Brewing Non-Alcoholic Beer
The Institute of Brewing & Distilling (IBD) has launched a technical training course for brewers on how to make nonalcoholic beverages. The training course is targeted at brewers working in breweries of all sizes who want to produce “no and low alcohol products safely, at minimum cost and in compliance with regulations.”
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News TTB Continues ‘Boot Camp for Brewers’ with Three Upcoming Webinars
The Alcohol Tobacco and Tax Trade Bureau has announced three new classes in the online “Boot Camp for Brewers” webinar series which allow brewers to tune in to educational videos relating to specific TTB requirements. The three new webinars include Labeling, Low/No Alcohol Beers and Advertising for Wine, Distilled Spirits, and Malt Beverages.
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News Britain Freezes Tax on Beer Until Next Summer
British chancellor of the Exchequer Jeremy Hunt announced last week that the government would freeze taxes on alcohol until at least summer of 2024. “I have listened to defenders of the great British pint, and I have decided to freeze all alcohol duty until August next year”, he said during his fall budget statement.
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News Tree House Shareholder Sues Founders Over Misuse of Funds
In a dreaded scenario for any brewery owner who has multiple shareholders, a minority shareholder who owns just 2% of Tree House Brewing Company has sued two of its founders in Superior Court, alleging a misuse of company funds.
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News Six Individuals Earn Prestigious Title of Master Cicerone
The Cicerone Certification Program has announced that six individuals have earned the title of Master Cicerone, joining a group of only 22 other individuals worldwide to earn the title. Candidates earned the certification after completing two days of intense written and oral exams, testing knowledge of beer styles, draft systems, beer evaluation, brewing technology, and beer and food pairings.
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