USA, WI: Karben4 Brewing files for bankruptcy

Citing a recent downturn in the craft beer industry, Madison brewery and taproom Karben4 Brewing has filed for bankruptcy but will stay open, The Cap Times reported on February 29. Founded ...
Publicado 01/03/2024 Más

UK: Bairds Malt announces Inverness plant expansion

Further expansion plans worth up to tens of millions of pounds and creating new jobs have been announced at a state-of-the-art malting plant in Inverness, the Inverness Courier reported on ...
Publicado 29/02/2024 Más

World: AB InBev records increase in 2023 revenue in spite of dip in US sales

Hiking beer prices led Budweiser owner Anheuser-Busch InBev to profit and revenue growth last year, even though U.S. sales of staple brand Bud Light were curbed by boycott action. The world’s ...
Publicado 29/02/2024 Más

Japan: Non-alcoholic beer consumption up more than 20% since 2018 in Japan

Out of all the alternatives to alcohol, non-alcoholic beer has so far made the greatest inroads. Whether it’s the rise of specialists like Athletic Brewing in the US or Big Drop ...
Publicado 29/02/2024 Más

Brazil: Ambev sees 10.9% decline in Q4 net profit as total volumes were slightly down

Brazilian brewer Ambev reported on February 29 a decline of 10.9% in fourth-quarter net profit, missing market forecasts as total volumes were down slightly by 0.1%, dragged down by South ...
Publicado 29/02/2024 Más

USA: AB InBev reaches tentative deal with union, Molson Coors strike continues

Top U.S. brewer Anheuser-Busch InBev reached a five-year tentative labor deal with Teamsters that significantly raises pay, improves healthcare and retirement benefits, and provides job security for all 5,000 union ...
Publicado 29/02/2024 Más

USA, WI: Wisconsin farmers tapping into malting barley

Jim Pingel has raised four kids on his farm in Chippewa County. He had about 100 head of dairy cattle—40 that he milked up until about 2000. He’s grown corn, ...
Publicado 29/02/2024 Más

Chile: Compania Cervecerias Unidas SA reports results for the quarter ended in December

Compania Cervecerias Unidas (CCU) on February 27 reported fourth-quarter earnings of $46.6 million, the Washington Post said. On a per-share basis, the Santiago, Chile-based company said it had net income of ...
Publicado 28/02/2024 Más

USA, MA: Boston Beer shares plummet on earnings miss, weak guidance

Shares of The Boston Beer Company, Inc. plummeted 11.16% in aftermarket trading following the release of its fourth quarter financial results, which fell short of Wall Street expectations. The company ...
Publicado 28/02/2024 Más

USA: Spirits exports up 8% in 2023

Spirits exports rose 8% in 2023 to $2.2 billion, according to the Distilled Spirits Council of the United States, following the European Union's suspension of 25% retaliatory tariffs on American ...
Publicado 28/02/2024 Más