Chris Furnari

Posts by Chris Furnari

Kenary’s Clarion Call: Date Code Your Beer

Kenary’s Clarion Call: Date Code Your Beer

On a recent visit to Connecticut, Dan Kenary, the co-founder and CEO of Boston’s Harpoon Brewery, discovered that 60 percent of the unrefrigerated beers at one retail account did not have code dates. “That’s shameful,” he exclaimed to roughly 200 beer industry professionals attending last week’s Brewbound Session business conference in New York City.

Ballast Point Distribution Rights Sold in Brewery’s Second Largest Market

Ballast Point Distribution Rights Sold in Brewery’s Second Largest Market

Constellation Brand’s continued effort to move Ballast Point Brewing into its so-called “Gold Network” of U.S. beer distributors took a significant leap forward this month when the San Diego-based brewery’s distribution rights were sold in its second largest market — Massachusetts.

Constellation, a cross-category alcoholic beverage company best known for selling Mexican import offerings Corona and Modelo, has confirmed to Brewbound that Ballast Point beers are no longer being sold in Massachusetts by Atlantic Beverage Distributors and the Sheehan Family Companies-owned Craft Beer Guild LLC.

Michael LaLonde Promoted to CEO of Deschutes Brewery

Michael LaLonde Promoted to CEO of Deschutes Brewery

Yet another established craft brewery founder has stepped away from day-to-day CEO responsibilities. Deschutes Brewery founder Gary Fish has turned his CEO position over to Michael LaLonde, who had been serving as the president and chief operating officer for the Bend, Oregon-based craft brewery.

Virginia Eclipses 200 Licensed Breweries

Virginia Eclipses 200 Licensed Breweries

The number of licensed breweries in Virginia has grown 468 percent since 2012, Gov. Terry McAuliffe announced last week. In a press release, Gov. McAuliffe said Virginia was now home to 206 licensed beer companies, ranking the mid-Atlantic state no. 13 in the U.S. for number of breweries.

Krispy Kreme CMO Appointed to CBA Board

Krispy Kreme CMO Appointed to CBA Board

Krispy Kreme Doughnuts chief marketing officer Jackie Woodward has joined Craft Brew Alliance’s board of directors, the publicly traded, Portland, Oregon-based beer company announced today. Woodward was elected to CBA’s board during a May 17 shareholders meeting and fills a position vacated by John D. Rogers, who was required to retire after turning 72, a stipulation in the beer company’s bylaws.

Anheuser-Busch InBev’s Media Investments Brew Controversy

Anheuser-Busch InBev’s Media Investments Brew Controversy

With an investment in Ratebeer.com, global beer giant Anheuser-Busch InBev may be showing a craft-focused digital media strategy to accompany its growing stable of craft brewery acquisitions. In addition to buying at least a dozen breweries in the U.S. and abroad in the past couple of years, the company has quietly assembled and invested in a pair of web sites that provide beer industry content.

Molson Coors and Heineken Sign Import Agreement for Sol Beer

Molson Coors and Heineken Sign Import Agreement for Sol Beer

Molson Coors is making its first significant move into the Mexican import category. The company today announced that it had inked a 10-year agreement, via its MillerCoors U.S. division, to import, market and distribute Heineken’s Mexican-made Sol brand.

Dogfish Head Opens Oklahoma

Dogfish Head Opens Oklahoma

Dogfish Head, the 14th largest U.S. craft brewing company according to trade group the Brewers Association (BA), has officially added another territory to its growing distribution footprint. The Delaware-based craft brewery said Monday that it would begin shipping its full portfolio of beers to Oklahoma this month, confirming a mid-April report from Tulsa World.

Cismontane Brewing Acquires Lightning Brewery Assets

Cismontane Brewing Acquires Lightning Brewery Assets

Southern California’s Cismontane Brewing Company today announced that it has acquired the brewing equipment assets of distressed Poway, Calif.-based Lightning Brewery in a transaction that will not include the rights to the Lightning brand or its tasting room. In a conversation with Brewbound, Cismontane Brewing CEO Evan Weinberg described Lightning Brewery as a struggling entity on the verge of bankruptcy and said he intends to accept offers for the acquired brewing equipment or resell the entire brewery as a turnkey operation.

IRI Worldwide: Beer Sales Flat Through Mid-May

IRI Worldwide: Beer Sales Flat Through Mid-May

U.S. beer volume sales were down 0.8 percent through the first 134 days of the year, according to data from market research firm IRI Worldwide. The company, which tracks category-wide sales trends at off-premise retail outlets, said total beer dollar sales were up 0.7 percent year-to-date through May 14, however, in its multi-outlet and convenience (MULC) store universe (which includes grocery, drug, Wal-Mart, club, dollar, mass-merchandiser and military stores).

Breaking Down the Latest Nielsen Insights

Breaking Down the Latest Nielsen Insights

Here’s a sobering statistic: One in six neighborhood bars have closed since 2004, according to a new Nielsen CGA report.

Castanea Partners Purchases Majority Stake in The Bruery

Castanea Partners Purchases Majority Stake in The Bruery

Popular southern California craft brewery The Bruery, which specializes in creating experimental sour and barrel-aged beer offerings, has sold a majority stake to Boston-area private equity firm Castanea Partners, Brewbound has learned. Specific financial terms were not disclosed; the deal is expected to close this month.

Longtime New Belgium Brewmaster to Depart

Longtime New Belgium Brewmaster to Depart

After 21 years at the controls of New Belgium’s brewing program, legendary brewmaster Peter Bouckaert will depart the country’s fourth-largest craft brewery for a much smaller project. New Belgium, which is headquartered in Fort Collins, Colo. and has a brewing facility in Asheville, North Carolina, today announced that Bouckaert would leave the company for Purpose Brewing and Cellars, which was described in a press release as “an aspiring farm brewery” that would produce both coffee and beer.

Anheuser-Busch Announces $2 Billion US Capital Expenditure Program

Anheuser-Busch Announces $2 Billion US Capital Expenditure Program

In a move aimed at upgrading its U.S. operations and “strengthening” its core brands, Anheuser-Busch InBev today said it would spend $2 billion on numerous brewing, packaging, supply chain and sustainability projects over the next four years. In 2017 alone, A-B said it plans to invest $500 million into various brewery, distribution, packaging and innovation initiatives.