Category: Specialty Industry News
News relating to the craft brewing industry
News Maui Brewing and Modern Times to Operate Under New Entity of Craft ‘Ohana
With the Modern Times acquisition by Maui Brewing Co. expected to close in late October, the company has announced that new parent company will be called Craft ‘Ohana (Ohana being the Hawaiian name for ‘family’).
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News BA Now Accepting Seminar Proposals for CBC 2023
The Brewers Association is now accepting seminar proposals for the 2023 Craft Brewers Conference which will take place in Nashville, Tennessee May 7-10. The submission period will close on September 30, 2022. Selected seminars will be notified in November 2022.
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News CO2 Shortage Continues to Bubble
The CO2 shortage is nothing new in the industry having first bubbled up in 2020. But a new contamination at the Jackson Dome, which is owned by independent energy company Denbury, is tightening supplies even further. The Jackson Dome is Denbury’s primary source of CO2 for the Gulf Coast region.
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News Washington Brewers Sue Oregon to Allow DTC and Self-Distribution in High Stakes Case
In what could be a pivotal and landmark court case, three brewers in Washington state have filed a lawsuit against the state of Oregon seeking to ship beer directly to consumers (DTC) and self-distribute to retailers in Oregon.
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News First Half of 2022 Off to Sluggish Start for Beer
The pandemic has thrown just about everything in the alcohol beverage business (and life in general, for that matter) in a new and different direction. And that includes trying to measure what is up and what is down. Forever, we have measured beer sales performance by comparing to the same period in the previous year. But with widespread closures in the on-premise driving extreme buying in the off-premise, comparative sales numbers are wonky to say the least. Having said that, Bart Watson, chief economist for the Brewers Association has not shied away from taking a look at beer sales mid-year through 2022.
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News Back to the Past – New Jersey ABC Sets Harsh New Restrictions on Breweries
The New Jersey Division of Alcoholic Beverage Control (ABC) has released long-awaited new restrictions on breweries in the state, shoving craft brewers back to the past by imposing new restrictions on their businesses. The new ABC ruling places restrictions on the number of events a taproom can host annually, puts a cap on special events a brewery can hold, prohibits food trucks at breweries and even prohibits a brewery from selling coffee at taprooms. There are a total of 18 new restrictions that breweries must now comply with.
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News Winning Bidder for Modern Times Drops Out – Maui Brewing May (or May Not) Be Next
Anaheim, California-based Brewery X, who was the highest bidder during the auction for Modern Times Brewing has dropped out and will not proceed in taking ownership of the San Diego brewery, according to an article in the San Diego Union-Tribune. The backup-bidder was Maui Brewing Company, but that doesn’t mean that their interest is still intact.
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News Russian Rivers’ Annual Pliny Release Generates Record $6.1 Million Economic Impact
We’ve seen economic impact reports for the beer industry as a whole, for the craft segment, both nationally and state-specific. But narrowing down to study the economic impact of a single beers release seems pretty microscopic. Unless its Pliny the Younger and the total impact to the local economy is a whopping $6.1 million.
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News Stone Fallout – The Why and How of the Brewery that Would ‘Never Sell Out’
The sale of Stone Brewing to Sapporo U.S.A last week is without a doubt the biggest story of the year so far in the craft brewing industry. It has been a relatively quiet year news-wise in the beer industry as a whole, with few large acquisitions being announced half way through 2022. Although it was clear that Stone Brewing was financially stressed after testimony in the Molson Coors litigation became public, it was still a bit of a cultural shock when the sale to Sapporo was announced, perhaps in part because Stone co-founder Greg Koch repeatedly claimed over many years that the company would never “sell out.”
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News Standing Stone and Counterbalance Brewing for Sale
Posted by Tom McCormick
The ‘For Sale’ sign went up on two West Coast breweries as the number of breweries for sale seems to be on the rise.
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