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Beverage Alcohol
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US Spirits Sales Soar in 2017
Feb 8, 2018The Distilled Spirits Council reported that spirits experienced record sales in the US in 2017, hitting $26.2bn. The Distilled Spirits Council reported at its annual economic briefing record spirits sales and volumes in addition to ...
Tags: Distilled Spirits, beverage
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US Congress Passes Craft Beverage Modernization and Tax Reform Act
Dec 25, 2017The 115th United States Congress has passed the Craft Beverage Modernization and Tax Reform Act (CBMTRA), which reduces the federal excise tax for breweries, wineries and distilled spirits producers. Under the bill, the federal excise tax ...
Tags: Craft Beverage, Tax Reform Act
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Diageo Completes Casamigos Acquisition
Aug 21, 2017Spirits giant Diageo has completed its acquisition of George Clooney’s Casamigos Tequila brand, strengthening its position in the super-premium category. Under the deal, which was signed on 21 June 2017, Diageo initially paid $700m ...
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Brick Brewing Completes Brand Licensing Deal with Chudleigh's
Jun 7, 2017Canada-based Brick Brewing has completed a brand licensing agreement for the rights to the Chudleigh's brand for cider. The agreement is for an initial ten-year term, with provision for further extensions. “This is an exciting ...
Tags: Brick Brewing, cider
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Southern Glazer's Wine Spirits Unveils New Control States Structure
Dec 5, 2016North American wine and spirits distribution firm Southern Glazer’s Wine & Spirits has unveiled a new structure and appointments within the Control Region, effective 1 December 2016. The new organizational structure allows Southern ...
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MGP Ingredients Reports Strong Third Quarter 2015 Results
Nov 9, 2015MGP Ingredients, a leading supplier of premium distilled spirits and specialty wheat proteins and starches, reported results for the third quarter period ended 30 September 2015. Third quarter 2015 highlights (vs. third quarter 2014) ...
Tags: MGP Ingredients, distilled spirits
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Diageo Adds Nutritional Information to Alcohol Beverage Packaging
Oct 9, 2015British alcoholic beverages company Diageo is including nutritional information on the packaging of its whisky brand Crown Royal to provide readily available facts to consumers. Crown Royal is the first alcohol beverage brand to ...
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New Brunswick Liquor Control Act Faces New Challenge
Aug 27, 2015The New Brunswick Liquor Control Act, which limits import of beer to 12 bottles by individuals, is facing a challenge by a resident from Tracadie in Gloucester County, New Brunswick, Canada. Gerard Comeau, who was charged for importing ...
Tags: beer, Brunswick Liquor
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MGP Ingredients Reports Second Quarter 2015 Results
Aug 11, 2015MGP Ingredients has reported results for the second quarter period ended June 30, 2015. "We continue to be very pleased with our results through the first half of 2015 as we aggressively implement our strategic plan," said Gus Griffin, ...
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Rabobank Wine Q3 Reports Attracts a Younger, More Affluent Consumer
Jul 21, 2015Impressive growth in the demand for cider in the global markets has put it squarely back on the beverage alcohol map, attracting a younger, more affluent consumer, according to the Rabobank Wine Quarterly Q3 report. "In the past decade, ...
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Drizly and WSWA Have Entered Into a Collaboration Agreement
May 18, 2015WSWA Services, an affiliate of Wine & Spirits Wholesalers of America (WSWA) and Drizly, the Boston-based technology company, have entered into a collaboration agreement. With this strategic alliance, both the companies aim to provide ...
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Blood Oath Kentucky Straight Bourbon Whiskey Is on Market
Apr 9, 2015Luxco, a US-based producer, importer and marketer of beverage alcohol products, has launched Blood Oath Kentucky Straight Bourbon Whiskey, which is the first from the premium bourbon series, Blood Oath. The introductory vairant is named ...
Tags: beverage alcohol products, Luxco, drink
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Three New Flavors Are on Beverage Market
Feb 13, 2015Captain Morgan Rum, owned by beverage alcohol producer Diageo, will expand its product range with the introduction of three new flavors. The new flavors include Captain Morgan Pineapple Rum, Captain Morgan Coconut Rum, and Captain ...
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Constellation Brands Reported Its Third Quarter 2015 Results
Jan 12, 2015Constellation Brands, a beverage alcohol company, reported its third quarter 2015 results. "We achieved outstanding results for the third quarter driven by the exceptional on-going momentum for our beer business. This industry leading ...
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Praj Has Contracted 60,000 LPD Project for Production
Jan 9, 2015Praj Industries, global process solutions Company has contracted 60,000 LPD project for production of fuel ethanol and premium grade extra neutral alcohol (Beverage Alcohol) from Kakira Sugars. Kakira Sugars is a leading sugar and power ...
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