Constellation Brands CEO Rob Sands said in a recent interview that the company's goal is to chip away at the dominance that other companies have. The Corona brands continue to do well, though overall beer consumption is down slightly nationwide. The growth in America of the Hispanic, and especially the Mexican Hispanic population, will likely mean a greater thirst for Mexican beer brands, of which Corona is the champ.
The Daily Brew
Old Firehouse Brewery, out of Williamsburg, Ohio, will start distributing its beers in Cincinnati next week. The brewery is partnering with Cavalier Distributing to bring the beer to bars and restaurants in Hamilton, Butler, Clermont, Warren and Montgomery counties beginning late October.
Avondale Brewing Co. launched its first line of canned beer last week. The Birmingham, Alabama-based craft beer company will now have its beer in stores and bars across the state. Coby Lake and Hunter Lake, founders of the brewery, have commissioned AlaBev as the exclusive distributor of the company's beer. Birmingham Business Journal interviewed AlaBev's Matt Kilpatrick, who talked about everything from the process of making craft beer to the point it arrives on retailers' shelves.
Golden Eagle Distributors, Inc., a state-wide beer distributor, has begun distributing Ninkasi Brewing Company products in Arizona. The Oregon-based craft brewery is expanding its seven state distribution footprint to now include Arizona. This week, Golden Eagle along with brewery reps will introduce Ninkasi to Arizona beer consumers at numerous events throughout the state.
Construction is on schedule for a new $18 million beverage distribution center in the Santa Rosa Industrial Park, which will transfer 205 current employees to the Milton site and potentially bring 50 additional jobs in the future. Goldring Gulf Distributing Co. LLC broke ground in May on the approximately 191,000-square-foot facility, and the company expects the distribution center to be operational by the second week of January.
Industry leaders say craft beer is not only contributing to the well-known “foodie” culture in Louisville, Kentucky, but drawing tourists and customers from across the country. In fact, Against the Grain Brewery in downtown Louisville can hardly keep up with the demand, which is why they are expanding production at a new property in the Portland neighborhood.
HM Revenue and Customs officers arrested two men on suspicion of tax fraud and money laundering during a series of dawn raids in London, while one woman was arrested for money laundering offenses. The men are suspected of being involved in an alcohol diversion fraud thought to be worth up to £80 million a year in lost duty.
Finally, finding room in your fridge for both a six-pack of beer and that large pizza won't be next to impossible. A product design engineer has figured out a way to easily and securely suspend bottles from the top of a fridge using magnets, freeing up empty space in your fridge for whatever else it is you consume.
More household wealth in America sounds like good news, but it could also mean economic trouble. The ratio of wealth to income has hit a recent record, according to Credit Suisse.