News Briefs for August 13, 2012August 13, 2012
•Pernod Ricard USA is adding a new peach flavor to Seagram’s Gin’s Twisted range. Seagram’s Peach Twisted will launch nationally in September at around $11.99 a 750-ml. bottle. It joins Grape, Apple, Lime, Raspberry, Orange and Pineapple in Seagram’s Twisted line. Seagram’s senior brand manager Mara Washington said peach is one of the fastest-growing flavors in the spirits market currently. Including flavors, Seagram’s Gin slipped 6% to 2.5 million cases in the U.S. in 2011, according to Impact Databank.
•Kansas-based bulk alcohol producer MGP Ingredients said strong demand for premium aged Bourbons and other whiskies drove growth in its distillery products division over the first half of the year. Sales of MGP’s distillery products—including Bourbon, corn and rye whiskies as well as vodka, gin and other items—rose 39% to $144 million in the six months through June, boosted by “significant new sales of beverage alcohol” related to the group’s purchase of the former Seagram- and Pernod Ricard-owned Lawrenceburg, Indiana distillery from CL Financial last fall. In January, MGP offloaded the Lawrenceburg site’s bottling and packaging operations to Proximo Spirits, which intends to use them for its Three Olives vodka and The Kraken rum brands.
•Single malt Scotch whisky producer Isle of Arran has secured a £3 million ($4.7m) loan from Clydesdale Bank aimed toward increasing production capacity and exports to markets like North America, Scandinavia and Taiwan, reports The Scotsman. Isle of Arran said its export business rose 25% last year. The company produces Arran 10- and 14-year-old malts as well as single cask bottlings, blends and the Arran Gold Cream Liqueur.
•New York-based entrepreneur Frank Guerrera is bringing his Italian vodka brand, Punzoné, to the U.S. The brand’s range features three organic products—Punzoné classic vodka ($42.99 a 1-liter bottle); Punzoné Originale ($37.99), a ready-to-drink cocktail that consists of vodka blended with Sangiovese-grape sangria and blood orange essence; and Punzoné Lemoncino ($37.99), another premixed cocktail featuring vodka and white sangria with lemon essence. The brand will launch later this month and will be available in the New York metro area, New Jersey and Connecticut this year, with more markets to follow. MHW Ltd. will serve as its national importer and as its wholesaler in New York, New Jersey and California.
•Central Coast producer Stolo Family Winery is expanding its business with a new winery and tasting room opening this September. The 5,000-square-foot facility includes 700 square feet for wine tasting and production capacity of up to 10,000 cases of wine a year. The cost of the project was about $970,000. The winery currently produces a little more than 500 cases between their two labels—the Stolo Family Vineyard estate label and TreViti. The Stolo family, who purchased the land in 2002, has planted an additional 15 acres of vineyards to the property since 2008 to grow the Stolo Family Vineyard estate label, which could expand to 1,000 cases over the next four years. TreViti’s production will be based on tasting room sales.
•Denny’s is opening its first flagship diner in Las Vegas, and this unit will be one of a modest number of Denny’s that has a full bar. The 6,400-square-foot diner will also feature a wedding chapel. It’s slated to open in the fourth quarter of 2012.
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