tldrdailynews.com logo
Tag

Craft Beer

All articles tagged with #craft beer

St. Paul’s Summit Brewing Faces Foreclosure Over $8.2M Debt
business25 days ago

St. Paul’s Summit Brewing Faces Foreclosure Over $8.2M Debt

Summit Brewing Co. of St. Paul faces foreclosure after defaulting on more than $8.2 million in debt to Chicago-based BMO Bank. The lender has filed a lawsuit seeking to foreclose and appoint a receiver, with a mortgage on Summit’s property and pledges on equipment and intellectual property driving the collateral. Summit entered a forbearance that allowed a July payoff deadline but could not meet it, and BMO ended the forbearance and demanded full repayment; Summit says it remains operating while the case proceeds as leadership weighs options in a challenging craft-beer market.

via 5 EYEWITNESS NEWS|
#bmo-bank#business#craft-beer
From Eagles to English: A Data Dive on Top Albums, Craft Beer, and Global Languages
culture3 months ago

From Eagles to English: A Data Dive on Top Albums, Craft Beer, and Global Languages

Three data-driven visuals span America’s music history, U.S. craft beer production, and global language reach. In the album ranking, the Eagles’ Their Greatest Hits 1971–1975 leads with 40 million certified units, Thriller is the top studio album at 34 million, and Adele’s 21 is the only post-2000 title to cross 15 million; the era’s counting methods have shifted with streaming. On craft beer, California tops production with about 3.45 million barrels in 2025, seven states exceed 1 million barrels, and total U.S. craft beer output is around 22 million; per-capita leaders Vermont and Maine shine in relative terms. For languages, English leads with 1.49 billion speakers, Mandarin Chinese follows at 1.18 billion, and Asia accounts for many of the world’s largest language communities, with major European languages like Spanish, French, Portuguese, and Arabic variants also ranking highly.

via Visual Capitalist|
#albums#craft-beer#culture
California Tops 2025 Craft Beer Output as Small States Punch Above Their Weight
business3 months ago

California Tops 2025 Craft Beer Output as Small States Punch Above Their Weight

California led 2025 U.S. craft beer production with 3.45 million barrels from 939 craft breweries (about one-sixth of all craft beer). Seven states exceeded 1 million barrels, together making up 53% of roughly 22 million barrels produced that year. Vermont and Maine stood out relative to population, while Mississippi had the fewest barrels. The data, from the Brewers Association and used in Voronoi visuals, also notes that ownership changes can move volumes out of the craft category (e.g., New Belgium, Bell’s), helping explain shifts across states.

via Visual Capitalist|
#brewers-association#business#california
Firestone Walker to Acquire Stone Brewing, Expanding California Craft Footprint
business5 months ago

Firestone Walker to Acquire Stone Brewing, Expanding California Craft Footprint

Firestone Walker announced it will acquire Stone Brewing from Sapporo USA, with the deal expected to close by Q2 2026. Stone’s beers and taprooms in San Diego, Oceanside and Pasadena will join Firestone’s portfolio, while production will shift from Escondido and Richmond to Firestone’s Paso Robles facility and Duvel USA’s Kansas City brewery. Stone’s Escondido facility is not part of the deal; Duvel will support national distribution east of the Rockies. Local marketing of Stone products is expected in the second half of 2026, and the move follows Firestone’s recent acquisition of Trumer Pils’ western operations.

via San Luis Obispo Tribune|
#acquisition#beer-industry#business
Stone Brewing Finds New Home Under Firestone Walker and Duvel Moortgat
business5 months ago

Stone Brewing Finds New Home Under Firestone Walker and Duvel Moortgat

Stone Brewing, San Diego’s largest craft brewer, is being acquired by Firestone Walker Brewing Company and Duvel Moortgat USA, bringing Stone’s beers and several taprooms under their umbrella while preserving the brand; the Escondido facility and bistro are not included, production will move to Firestone Walker’s Paso Robles facility and Duvel USA’s Missouri brewery, with distribution split regionally and Liberty Station continuing as a hospitality venue. The deal, expected to close this summer, comes as craft-beer volumes decline in the U.S. and Stone’s annual production has fallen to about 250,000 barrels, with about 300 local jobs in play during the transition.

via San Diego Union-Tribune|
#business#craft-beer#duvel-moortgat-usa
Chobani Founder Acquires San Francisco's Anchor Brewing
business2 years ago

Chobani Founder Acquires San Francisco's Anchor Brewing

Chobani CEO Hamdi Ulukaya has purchased San Francisco's historic Anchor Brewing Co., which closed last summer after 127 years. Ulukaya plans to revive the brand, preserve its heritage, and keep it in its original Potrero Hill neighborhood. Anchor Brewing, known as America's first craft brewery, faced economic challenges and declining sales, leading to its closure. Ulukaya's acquisition aims to restore the brewery to its former glory.

via Fox Business|
#anchor-brewing#business#chobani
Lagunitas Shuts Chicago Brewery and Taproom, Moves Operations to California
business2 years ago

Lagunitas Shuts Chicago Brewery and Taproom, Moves Operations to California

Lagunitas Brewing Co. is closing its Chicago brewing operations and taproom due to declining sales and industry changes, relocating production to its original Petaluma, California site by early August. The closure affects 86 employees, some of whom will receive support services and job-placement assistance. Despite the move, Lagunitas will maintain its Chicago warehouse and continue servicing local bars, restaurants, and stores. The decision aims to create a more efficient supply chain and focus on sustainable brewing.

via Chicago Tribune|
#brewery-closure#business#chicago
"National Beer Day 2024: California's Top Craft Beers and Deals Across the Country"
food-and-drink2 years ago

"National Beer Day 2024: California's Top Craft Beers and Deals Across the Country"

National Beer Day on April 7 celebrates the legalization of beer and wine in the US after 13 years of prohibition. A survey by Casino.ca revealed that Sierra Nevada Brewing Co. is California's favorite craft beer, followed by Stone IPA. The survey also found that pale ale is the state's favorite type of craft beer, with 83% of Californians drinking craft beer and 52% choosing it over other alcoholic beverages. The craft beer industry has seen significant growth, with the market expected to reach $140 billion in 2024.

via KTLA Los Angeles|
#california#craft-beer#food-and-drink