Craft Brewing and Distilling News for October 18, 2016October 18, 2016
•Stone Brewing has laid off about 5% of its workforce in a restructuring effort. The Escondido, California-based brewer blamed the reductions on a slowdown in growth and changes in the craft beer landscape, including a flurry of acquisitions by major brewers and the flowering of smaller “hyper-local” breweries around the country. Stone, ranked as the 10th-largest U.S. craft brewer according to the Brewers Association, noted that despite the layoffs it remains one of the largest employers across the craft category.
•San Diego-based Saint Archer Brewing, in which MillerCoors holds a minority stake, is releasing its Mosaic Double IPA in six-packs of cans to the California, Nevada and Arizona markets. Mosaic (9% abv) is brewed with Mosaic, Amarillo, Simcoe and Chinook hops and is also available on draft. A recent brewery expansion has increased Saint Archer’s production to 65,000 barrels, allowing it to extend distribution beyond its home market of California.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.