Wonder how Lagunitas Brewing Co. managed to score a $20 million credit line to equip its huge new Chicago brewery? According to lender GE Capital, a rising tide can help float a loan. The Petaluma, Calif.-based brewery has grown rapidly in recent years, increasing production sevenfold between 2012 and 2013, which is what the financial… Read more »
Taps in the nation’s capital just got a little more crowded, as Hardywood Park Craft Brewery has inked a deal with Reyes Beverage Group’s Premium Distributors of Washington D.C. for coverage across the district. The move marks the Richmond, Va.-based brewery’s first foray out of its home state.
The Maine Brew Bus began operating its free-to-board shuttle service this week, taking locals and tourists alike around the Portland peninsula for a taste of craft in Vacationland. Dubbed the “Hop and Go,” the 14-passenger green bus — identifiable by being distinctly a 14-passenger green bus — operates on Tuesdays and Wednesdays from 4-7:00 p.m…. Read more »
New York Governor Andrew Cuomo and state legislators have struck a deal to cut back some of the “burdensome requirements” that restrict the sale and marketing of craft products in the state. The compromise bill, which will take effect 30 days after it is signed into law, lifts a production cap for small beer, wine, spirits and cider producers.
F.X. Matt Brewing Co., brewers of the Saranac brand, is investing $3.5 million in an Edward Street property — right across from its main brewery in Utica, N.Y. — to expand its fermenting and aging capacity. The expansion will tack on 100,000 barrels to its ultimate capacity, lifting its ceiling to half a million barrels.
The Brewers Association (BA) has streamlined the registration process for this year’s Great American Beer Festival (GABF) in hopes of avoiding a repeat of a debacle that made securing a spot at the event difficult in 2013. Last year, brewers flooded the BA’s servers in an attempt to register, which resulted in the festival selling… Read more »
SweetWater Brewing Co. today announced it has expanded distribution to Memphis, Tenn., rounding out its statewide footprint in the Volunteer State. SweetWater’s beers have been available in eastern parts of the state since 2005, but a new partnership with Budweiser of Memphis will now bring the company to the largest city in the state.
Earlier this year, Lazy Magnolia announced it would more than double its distribution footprint in 2014, by adding nine new markets on top of the existing eight where its beers are sold. Now Lazy Magnolia, which bills itself as Mississippi’s oldest packaging brewery, will scratch Chicago, Ill. off its to-do list by blowing into the… Read more »
Since its founding last April, San Diego’s Saint Archer Brewing has made a habit of executing sales and marketing endeavors that prominently display the company’s action sports image. Founded by members of the skate and surf communities, Saint Archer today announced its most recent partnership with with the Live Nation-owned Sleep Train Amphitheatre, an outdoor… Read more »
New Holland Brewing Co. is expanding its distribution to three New England states, per an agreement with L. Knife & Son, the company announced today. Beginning next week, the Holland, Mich.-based brewery’s beers will be available, both on draft and in bottles, throughout Massachusetts, Connecticut and Rhode Island.
Anheuser-Busch InBev and SABMiller walk into a bar. After ordering a round of light beers, a whole boatload of money is exchanged and the two beer giants leave the bar as one major brewing entity. That’s not much of a joke, but it is a potential reality — at least if you believe the merger… Read more »
Forty-nine states down, one to go. This July, Green Flash Brewing Co. will expand distribution to Hawaii, per an exclusive agreement with Paradise Beverages Inc. (Par Bev), leaving only one state, Utah, standing in its way of becoming a fully fledged national brand.
Beginning later this year, North Carolina’s Green Man Brewing Co. will “partner brew” out of contract brewing outfit Brew Hub’s pilot facility in Lakeland, Fla. The Lakeland brewery — the first of five contract facilities Brew Hub plans to open throughout the country — is slated to be fully operational by sometime this August.
The U.S. Tax and Trade Bureau (TTB) has ruled that more than 30 ingredients as well as certain brewing processes — such as aging beer in barrels — are no longer subject to formula requirements. Previously, brewers using the now exempt ingredients and practices had to provide a formula submission to the TTB en route… Read more »
