Canpack S.A., part of the Canpack Group, will increase its manufacturing capacity of aluminum beverage cans with a new production facility in Poços de Caldas, in the State of Minas Gerais, Brazil.
WISEACRE Brewing Company today announces its plans to launch statewide distribution throughout Texas in August 2022. Thanks to a new distribution partnership with Austin-based Dynamo Distributing, three of WISEACRE’s year-round beers, Bow Echo Hazy IPA, Gotta Get Up to Get Down Coffee Milk Stout, and the Great American Beer Festival Bronze Medal-winning Tiny Bomb Pilsner, as well as a rotating seasonal beer lineup (which currently features Oktoberfest), will be available at throughout Texas, including close to 200 H-E-B locations in the four major metro areas of the state.
Royal Unibrew will acquire Toronto-based company Amsterdam Brewery Co. Ltd. for $44m CAD ($34m USD); helping boost production in North America.
Diageo will invest €200m ($203m) in Ireland’s first purpose-built carbon-neutral brewery on a greenfield site in Littleconnell, Newbridge, Co. Kildare: which will become the second largest brewing operation in the country after St. James’s Gate.
On July 13, the top story on The New York Times’ homepage wasn’t about the war in Ukraine, the January 6 Committee hearings, or President Biden’s diplomatic trip to the Middle East. It’s about inflation, which rose to 9.1% in June, its highest rate since 1981.
Fresh off the heels of opening a new distribution center, Hi-Wire Brewing has unveiled 2022 expansion plans for its Biltmore Village Production Brewery and South Slope Specialty Brewery, both located in Asheville, N.C., in addition to the opening of three new taprooms in the same year.
The National Beer Wholesalers Association (NBWA) recently released the Beer Purchasers’ Index (BPI) for December 2021. This December’s total index reading of 71 is the highest ever recorded for a December survey. Continued supply chain challenges combined with planned/expected price increases in 2022 are driving higher index readings as distributors and retailers seek to build their inventories heading into the new year.
The current state of affairs for shipping beer direct to consumers (DTC) is not that great. Breweries in the United States can only ship to nine states plus the District of Columbia, which equates to only 17% of the U.S. population. For comparison, U.S. wineries can ship to 47 states and 97% of the U.S. population. Beer DTC is still in a state of infancy, but the good news for breweries is there’s a tremendous amount of untapped opportunity.
The modification and improvement in the taste of craft beer will foster healthy growth of the market, according to a new report. The global craft beer market size stood at US$89.25 billion in 2019 & is projected to reach US$190.66 billion by the end of 2027, at a CAGR of 10.4% in the forecast period, according to data from Fortune Business Insights.