Category Archives: News

Beam Suntory Sets $400 Million Expansion of Booker Noe Distillery

Posted on July 28, 2022 by Joel Whitaker

Beam Suntory will expand the capacity of Jim Beam Brands Co. with a $400 million investment that will create more than 50 full-time jobs at the Booker Noe Distillery in Boston, Ky. “Jim Beam is a renowned name within Kentucky’s … Continue reading →

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TTB to Propose Adding American Single Malt Whiskey to Spirits Identities

Posted on July 28, 2022 by Joel Whitaker

Friday (7/29) morning’s Federal Register includes a Notice of Proposed Rulemaking to add American Single Malt Whiskey to the Standards of Identity for Distilled Spirits.  The proposal follows petitions and more than 200 comments from several distillers and the American … Continue reading →

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Diageo Net Sales Jump 21.4%in fiscal 2022, Net Profit After Tax Rises 19.3%

Posted on July 28, 2022 by Joel Whitaker

The company noted the sales growth “reflects contined growth of the on-trade, resilient consumer demand in the off-trade and market shares gains and was underpinned by favorable industry share trends of spirits taking share of total bev/al and by premiumization.”  … Continue reading →

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AB-InBev 2d Quarter Sales Up 11.3%, Volume Up 3.4%, Net Falls 16.6%

Posted on July 28, 2022 by Joel Whitaker

Before you read this, I suggest you take a break and enjoy this song from the 1958 film version of the 1949 Broadway hit, South Pacific. Anheuser-Busch InBev reports what at first glance seems positive earnings.  Total revenue grew 11.3% in … Continue reading →

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A-B to Be Official Beer Sponsor in Miller’s Hometown Stadium

Posted on July 28, 2022 by Joel Whitaker

Wouldn’t you love to be the fly of a boardroom at times?  I would. For instance, it would have been interesting to hear the discussion that led to Anheuser-Busch being the official beer sponsor at Fiserv Forum.  That’s where the … Continue reading →

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Marie Brizard 2d Quarter Revenue Rose 7.5%

Posted on July 28, 2022 by Joel Whitaker

Marie Brizard Wine & Spirits reports second quarter revenue rose 7.5%, largely a result of its international cluster which grew 13.2% vs. its French cluster which inched up 2.5% from a year earlier. The Group’s main brands posted a resilient performance … Continue reading →

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