Tag Archive: Maker’s Mark
Beam Suntory, the spirits arm of Japanese conglomerate Suntory Ltd., achieved a mid-single digit sales increase in the first nine months of 2016. Continue reading →Posted in News on November 4, 2016
•Beam Suntory has revealed plans to pour $1 billion into its Kentucky Bourbon operations over the next five years. Continue reading →Posted in News on October 18, 2016
•Florida-based St. Augustine Distillery will debut a Florida Double Cask Bourbon next month. Continue reading →Posted in News on August 26, 2016
The Surdyk family, which has been selling beverage alcohol in the Minneapolis market since 1934, is in the midst of a transition to a fourth generation of leadership as Jim Surdyk, CEO since 1988, cedes more day-to-day responsibility to his three children—triplets Melissa, Taylor and Molly, age 30. SND recently sat down with Jim Surdyk and family, as well as general manager Steven Wilk, at Surdyk’s, the single-unit 12,000-square-foot store on Minneapolis’s northeast side, to discuss the local retailing scene. Continue reading →Posted in News on August 1, 2016
The third-largest spirits player nationally, Beam Suntory saw its U.S. volume climb by an estimated 1% to 21.7 million nine-liter cases in 2015, according to Impact Databank. Among its top brands, Jim Beam grew 3% to 4.3 million cases, while Sauza rose 4% to 2.2 million cases and Maker’s Mark advanced 6% to 1.4 million cases. Upscale whiskies Knob Creek, Basil Hayden’s and Laphroaig all increased by double-digits, while Pinnacle vodka declined slightly. Consumer goods veteran Tim Hassett was named president, North America, at Beam Suntory in 2014—the same year as Suntory’s $16 billion acquisition of Beam Inc.—and last year added responsibility for South America. SND senior editor Daniel Marsteller recently met with Hassett to look at Beam Suntory’s U.S. roadmap. Continue reading →Posted in News on April 12, 2016
The Bourbon category has expanded by nearly one-third in the U.S. market since 2010, according to Impact Databank, and is closing in on 20 million cases, a level not seen in three decades.