Propelled by the continued growth of flagship session offering All Day IPA, Founders Brewing reported this week that it would produce approximately 468,000 barrels of beer in 2017, up from about 348,000 last year. The Michigan-based craft brewery, which sold a 30 percent stake to Spain’s Mahou San Miguel Brewery in late 2014, and now ranks as the ninth largest brewery in the U.S., was “pleasantly surprised” to exceed its initial projections, co-founder and CEO Mike Stevens told Brewbound.
Brew Hub has hit the pause button on an ambitious plan to spend $100 million to build five new contract brewing facilities throughout the U.S. by 2018. “Building a new brewery in another geography doesn’t seem as strategic as it did four years ago,” Brew Hub CEO Tim Schoen told Brewbound.
Two Southeastern beer distributors that sell a variety of Anheuser-Busch products are set to combine operations, according to a spokeswoman with the global beer giant. In an email to Brewbound, Gemma Hart, A-B’s vice president of communications, said the company has granted approval of a merger between Georgia- and South Carolina-based Southern Eagle Distributing and South Carolina’s Crown Beverages.
Anheuser-Busch InBev, via its “High End” craft division in the U.S., today announced the launch of a new initiative aimed at “building a better future” for the beer industry. Called Elevate, the program is A-B’s effort to make its 11 U.S. craft beer and cider brands better stewards of the industry.
Georgia’s Scofflaw Brewing today announced plans to begin contract brewing with Scottish craft beer maker BrewDog. The fast-growing Atlanta-based craft brewery, which recently announced plans to expand its production capabilities to 30,000 barrels, will take advantage of excess capacity at BrewDog’s new 100,000 sq. ft. Ohio brewery until a new brewhouse is installed in March.
Following an 18-month search for a brewery to purchase, Epic Brewing today announced the acquisition of Telegraph Brewing Company, a California-based beer company that produces a variety of Belgian-inspired beers. Specific financial terms of the deal were not disclosed.
Seven months after putting its Woodinville, Washington, brewery up for sale, Craft Brew Alliance (CBA) today announced that it has reached an agreement to sell the facility to Sound Commercial Investment Holdings LLC for $24.5 million.
Mark Young wants to help bar owners sell more beer. Who is Mark Young? He’s the founder and CEO of Beerboard, a beer management platform that enables breweries, restaurants, and bars to make real-time marketing decisions about their beer selection. Young recently visited the Brewbound headquarters in Watertown, Massachusetts, to share his company’s story with the BevNET Taste Radio podcast.
Colorado’s Avery Brewing today announced the sale of a 30 percent stake to Mahou San Miguel, a Spanish brewing company founded in Madrid in 1890. Specific terms of the deal, which is expected to close in January 2018, were not disclosed.
In this week’s Last Call: The United States Association of Cider Makers reports growth for regional cider brands, Golden Road gets the green light to build a brewpub in Oakland, and the Brewers Association’s campaign to “buy” A-B InBev hits $3.6 million.
In a move that would create a $12 billion beverage alcohol wholesale giant, Republic National Distributing Company (RNDC) today announced plans to merge with Breakthru Beverage. The two companies have signed a letter of intent to combine assets and operations, according to a press release.
In this week’s edition of Last Call: A new Brewers Association survey provides taproom insights, Tenth & Blake’s Pete Marino lays out five keys to surviving a shakeout, and Old Town Brewing fights the city of Portland.
Oakland-based Valley Distributors this week announced plans to acquire Lewiston-based Federal Distributors. Specific financial terms of the transaction, which is expected to close during the first quarter of 2018, were not disclosed. Combined, the two companies — which will now operate under the newly created “Valley Beverage” name — will distribute upwards of 4 million cases of beer in 2017.
Craft Brew Alliance made good on last week’s promise to revisit its brewpub strategy, yesterday announcing plans to shift away from a restaurant-focused brewpub model at the Widmer Brothers brewery in Portland, Oregon. In a post on the brand’s Facebook page, CBA said it would eliminate its full-service kitchen to make way for expanded small-batch brewing capabilities inside of a recently built 10-barrel innovation brewery that opened about 15 months ago.
