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Craft Brewing And Distilling News for February 1, 2013

February 1, 2013

Craft Brew Alliance (CBA) has released preliminary full-year results for 2012, which include a 13% increase in sales and depletions growth of 6%. Shipment growth of nearly 8% was the result of new initiatives, including the launch of the gluten-free beer brand, Omission, and exports to international markets. The year’s positive results were bolstered by a strong fourth quarter, which showed a 10% growth in depletions. CBA projected a strong 2013, with expansion into new domestic markets for Kona, new international markets for all brands and packaging updates across the portfolio. Depletions growth for 2013 is projected at 7%-11%, with average price increases of around 1%-2%.

•Denver-based Breckenridge Brewery said a 12-acre property in the suburban Denver town of Littleton, Colorado will be the site of its new brewery. The facility will be 76,000 square feet and have an initial production capacity of about 120,000 barrels. The space will include a 2,000-square-foot barrel-aging cellar and a farmhouse building to offer beer and food with indoor and outdoor seating, brewery tours, a general store, growler-to-go station and beer garden. Construction is slated to start this fall, with production and tours expected to begin a year later. Breckenridge posted volume growth of 30% in 2012, its third consecutive year with growth of 20% or more.

 

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