Constellation Brands Inc. made a bigger bet on its beer operations Thursday, saying it agreed to buy a Mexican glass factory from Anheuser-Busch InBev NV for $300 million.
The Daily Brew
Gene Vukelic, chairman of Try-It Distributing, will receive the Business First 2014 Lifetime Achievement Award at the annual C-Level awards on October 7. The awards honor Western New York C-Level executives who lead area companies and organizations.
Sarene Craft Beer Distributors LLC announced that they have entered into a distribution agreement with Logsdon Organic Farmhouse Ales for New York. "We at Sarene have made it our mission to scour the globe in search of bringing the best beer to our great state. This is a landmark day for New York beer. We all win when a brewery like Logsdon enters the market,” Eric Schulman, sales manager/owner of Sarene said. “Dave is a visionary and an industry pioneer. We’re very proud to be part of the process that brings his beer from the farm in Hood River to the palates of our fellow New York beer fans.”
Brewbound summarizes highlights from the first day of the Craft Beer Alliance Conference, including a speech from Widmer Brothers Brewing Co-Founder Rob Widmer.
The tap lines are always flowing at the Resurgence Brewing Company, mostly with Resurgence's own locally made craft beer. Starting in October though, you'll find new libation on tap, a collaborative cider ale made by Resurgence Brewing Company and Cider Creek Hard Cider, that tastes like a fresh apple fritter. Cider Creek is just making its way into the Buffalo area. The company has primarily been selling through a distributor in Massachusetts. Cider Creek also just partnered with Manhattan Beer, giving the distributor exclusive rights to sell in New York City.
A global glut of oil sent prices skidding this summer, and demand is expected to remain soft in the coming months. Brent—the global benchmark—and U.S. benchmark crude have fallen about 15% from their mid-June highs and closed the quarter at more-than-one-year lows. Brent prices are now off 20% from an earlier peak in February 2013, meeting the definition of a bear market. Supply disruptions in Iraq, Russia and elsewhere were feared in the most-recent quarter but failed to materialize, and tepid demand has forced oil producers to cut prices to attract buyers.
The number of Americans filing applications for unemployment benefits unexpectedly fell last week, a sign the job market is sustaining progress.
If you’ve sipped too many malty-sweet Oktoberfest beers to count, turn your sights to Draft Magazine's mix-six: all fest-worthy, all a different direction from the seasonal lager.
With October’s arrival, beer lovers are buzzing in anticipation. But there’s bad news: Even though it’s cool and breezy out, your beer can still get skunked. Although many think that “skunking,” or the phenomenon of beer developing a putrid taste and smell, is caused by heat, it’s actually caused by light exposure. The American Chemical Society explains the process in its latest video.