Monthly Archives: March 2022

Willamette Valley Vineyards Sales Rose, Profit Fell

Willamette Valley Vineyards reports earning $2.4 million, or 20 cents a share, in 2021, a 28% decrease from 2020’s $3.4 million, or 46 cents a share.  Sales rose to $31,786,864, a 16% increase from the year-earlier figure. The improved sales … Continue reading

Posted in Earnings Report | Tagged , | Comments Off on Willamette Valley Vineyards Sales Rose, Profit Fell

U.S. Beer Production Fell 5.8% in February

Beer Institute estimates federal excise tax was paid on 11.1 millon barrels in February, a 5.8% decrease from February 2021 removals of 11,781,000.  Thus far this year, production is down 6%.

Posted in beer | Tagged | Comments Off on U.S. Beer Production Fell 5.8% in February

A-B to Invest $50 Million in a Seltzer Building

It will be the first addition to A-B’s St. Louis campus in 15 years, and is part of a $1 billion in A-B’s facilities nationwide.  The investment will increase and enhance its brewing and packaging capacity.  Construction will begin this … Continue reading

Posted in Expansion, Hard Seltzer | Tagged | Comments Off on A-B to Invest $50 Million in a Seltzer Building

Who & What —

Remy Cointreau appointed Nicolas Beckers, who has been CEO for China, to be CEO for the Americas region.  He succeeds Ian McLernon, previously CEO for the Americas region,who has been appointed CEO of the EMEA region2 and will also be responsible … Continue reading

Posted in Who and What | Tagged | Comments Off on Who & What —

TTB Seeks 21.33% Budget Boost Mostly to Administer Import Rebate Claims

Alcohol & Tobacco Tax & Trade Bureau is seeking $14.9 million and 40 additional employees to administer a new import claims program. The Craft Beverage Modernization Act (CBMA), as amended, transferred jurisdiction for import-related provisions from U.S. Customs and Border Protection (CBP) … Continue reading

Posted in Alcohol & Tobacco Tax & Trade Bureau | Comments Off on TTB Seeks 21.33% Budget Boost Mostly to Administer Import Rebate Claims

What Millennials Are Drinking

Millennials, whose ages range from 26 to 41, favor spirits and beer over other beverages, according to Drizly, which finds they over-index on beer (17% share versus 15% for the other generations), and slightly under-index on wine (37% vs. 38% ). … Continue reading

Posted in Sales | Tagged | Comments Off on What Millennials Are Drinking