Justin Kendall provides daily coverage of the beer industry on Brewbound.com, conducts live-streamed interviews during Brewbound’s events and co-produces the Brewbound podcast. Kendall is a nearly 20-year career journalist who led alt-weekly newspapers in Kansas City, Missouri, and Des Moines, Iowa.
The story of Georgetown Brewing in Seattle is a unique one. A craft brewery dedicated first to draft beer — something that should make its bar and restaurant clients incredibly happy. One that has committed to offer one of its top beers — Manny’s Pale Ale — exclusively on draft.
The Brooklyn Brewery’s search for a long-term home is finally over. The 34-year-old New York brewery announced today that it will anchor the Greenpoint-Williamsburg Industrial Business Zone real estate development, with plans to open in the space in summer 2024.
Starting in December, Stone Distributing will once again sell San Diego-headquartered Coronado Brewing Company’s portfolio of brands in Southern California, after several years apart.
The deals came in a rush this week. It started Monday, as Canadian cannabis firm Tilray acquired Montauk Brewing Company in New York, adding another contract brewed brand to its growing beer portfolio of Atlanta’s SweetWater Brewing and San Diego-founded Green Flash and Alpine Beer Co.
Alpine, Wyoming-based Melvin Brewing didn’t have to look far to find a buyer. Brewbound has learned that Jackson, Wyoming-based Roadhouse Brewing has signed a purchase agreement to acquire Melvin and its operations.
Canadian cannabis firm Tilray’s acquisition of New York’s Montauk Brewing Company brings together a lifestyle-minded acquirer and a craft brand with a vibe. “We really saw ourselves as more than just craft beer,” Montauk general manager Terry Hopper told Brewbound.
Non-alcoholic beer maker Athletic Brewing Company has received a $50 million investment from Keurig Dr Pepper (KDP) that will make the publicly-traded CPG giant a minority equity stakeholder in the business.
Sometimes you can’t just easily wrap up a story. The sale of Modern Times is one of those stories. The latest in the Modern Times ownership saga is the deal to merge with Maui Brewing and form the Craft ‘Ohana platform closed last weekend.
Inflationary cost pressures and higher year-over-year retail prices have caught up with consumers in North America, especially in the U.S., and the world’s largest can manufacturer is seeing “lower” than expected demand and “less consumption across the board,” Ball Corp. CEO Dan Fisher told analysts Thursday.
Another soda company is testing the beverage-alcohol market – this time with the world’s largest beer manufacturer. Novamex, the maker of Mexican soda brand Jarritos, is partnering with Anheuser-Busch InBev (A-B) to launch Cantaritos Hard Sodas in California and Texas markets next spring.
Molson Coors CEO Gavin Hattersley declared the U.S. consumer “remains resilient,” as trade up to premium offerings continues and there aren’t signs of “significant channel shifting,” during the beverage-alcohol producer’s Q2 earnings report today.
Let’s get this out of the way: The Lost Abbey isn’t going away. The iconic U.S. maker of barrel-aged Belgian-style ales is, however, attempting to sublease half of its 40,000 sq. ft. production space in San Marcos and sell its 30-barrel brewery and fermentation tanks.