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| 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 ----------------------------- Send contributions for On Tap to webmaster@beernexus.com |
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Edited by Jim Attacap
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