|5 Best Beer Fests in US
|Boston Beer Soars
|CNBC’s famed stock expert Jim Cramer has
just recommended investors buy into the
turnaround story of Boston Beer Company.
The Samuel Adams beer maker, after years of
declining revenue, has seen its share price more
than double and break above $400 in “one of
the most spectacular comebacks I’ve ever
witnessed,” the “Mad Money” host said.
“Losing stocks can become winners again
when bold management makes smart decisions
and bites the bullet,” he said. “I think this is an
important story because it shows you how
companies that were written off and left for
dead can, indeed, make themselves relevant
again if they have great management.”
Sam Adams, Boston Beer’s flagship brand,
posted double digit growth as high as 27% in
the early 2010s until smaller craft breweries
opened across the country and began attracting
attention. Sam Adams’ growth slowed
dramatically in 2015 followed by two years of
declines. Because of the slowing of the beer
category, they focused on the popular Angry
Orchard Cider and Twisted Tea business
segments while launching the hard seltzer brand
Truly. Truly is now the pillar of the turnaround.
|Best beer fests ranked by gearpatrol.com
1. Widely regarded as the top beer festival in America,
Firestone Walker Invitational brings together more than
50 of the world’s most hyped and in-demand brewers,
who all bring their best beers to this annual fest in CA.
2. Brooklyn’s Other Half has made a name for itself
with New England-style IPAs and imperial stouts, and it
now has two amazing invitational beer fests — one in
February and the other in June — around those styles
.3. The Great American Beer Festival (founded in 1982)
is part competition, part public tasting event is the largest
ticketed beer festival in the USA. There are not many
other festivals where a ticket gets you the ability to
sample over 4,000 beers.
4. Beer Advocate’s Extreme Beer Fest has been going for
16 years. It had over 130 breweries in 2019,who
celebrated pushing the boundaries and spur creativity.
Brewers are encouraged to bring their best brews,
including those that are sessionable.
5. Hop Culture has turned the craft beer phenomenon of
the New England IPA into a (mostly) monthly beer fest at
various locations in the country. Usually hosted with a
brewery in whichever city it takes place, Juicy Brews has
invigorated the beer fest scene and helped the craft beer
world overcome festival fatigue syndrome. Most of the
breweries that attend brew a beer specifically for the
event that’s only available there or in their taprooms
|Green Miller - MillerCoors has teamed up with Footprint, an environmentally-
friendly manufacture of recyclable material, to create new rings for their 6 packs
made out of compostable material which is sturdier and better for the environment
than plastic. They hope to roll it out for use by the end of summer.
A Lot of Pop-Tarts - PA based brewery Stolen Sun Craft Brewing & Roasting
Co. is releasing a hazy IPA infused with over 50 pounds of the breakfast treat Pop-Tarts.
The resulting brew, which was hopped with Citra, Mosaic, and El Dorado hops.
Failure- Kräftig beer is ceasing operations due to market demand. William K.
“Billy” Busch started Kräftig, (strong or robust in German), in mid-2011. He is a
son of the late August “Gussie” Busch Jr., of Anheuser-Busch fame though never
worked at A-B preferring to start his own beer company.
Free Beer - Miller Brewing Co. promised 100,000 free beers in America following
the USA's 2-1 over England in the semifinals of the FIFA Women World Cup. The
Miller Lite Twitter account made a last-minute bet after Budweiser pledged to give
away 100,000 free beers in England if its team won.
College Beer - North Carolina State University is getting into the beer-making
business. The school and New Belgium Brewing Company reached an agreement
to produce Old Tuffy Premium Lager. It will be available in retail outlets in August.
|Wine Woes Not Beer's Problem
If you ever wondered why you never see wine in 12 oz. cans the reason is simple.
Federal regulations prohibit wine from being sold in 12-ounce (355-mililiter) cans --
the most common format for beer. Under U.S. Alcohol and Tobacco Tax and Trade
Bureau (TTB) rules, wine must be sold in 12.7-ounce (375-mililiter) cans. That minor
difference -- 0.7 ounces -- is driving up costs and causing packaging delays mainly
because the 12.7-ounce can is hard to source from manufacturers, who
put much more of their time and effort into making 12-ounce cans.
But that’s not the only problem, wine-makers say. The rules allow wineries to package
their products in a popular 250-mililiter (8.4-ounce) can. Those are ideal as a single-
serving size for one person. But, under TTB rules, the 250-mililiter can must be sold in
multiple packages, like a 4-pack.
Even more, wine makers can’t sell those cans individually at a tasting room, liquor
stores, bars or restaurants. So it seems a size that’s good for an individual can’t be sold
individually. That greatly limits the market according to statistics.
The rules, which apply to wine and hard cider above 6.9 percent alcohol, date
from the era just after Prohibition, when many restrictive alcohol laws were passed
at both state and federal levels.
Research shows that 79 percent of consumers like smaller sizes -- 43 percent prefer
the 250-ml format, while 36 percent prefer an even smaller 187-ml size. But only slightly
more than half the wineries offering wine in cans are using those smaller formats,
The smaller size preferences are likely rooted in the higher alcohol content of wine than
beer. Most table wines are in the range of 12- to 14-percent alcohol, although
producers often choose slightly lower alcohol wines for canning.
The wine in cans trend has been gaining ground in states like Oregon and
Washington recently, with New York probably at No. 2 in the country in the number of
producers, behind number one, California
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