News Briefs for May 16, 2017May 16, 2017
•Anheuser-Busch InBev is set to pour $2 billion into its U.S. operations through 2020. The investment will run across a number of different fronts, including bolstering the brewing giant’s top brands, furthering its fast-growing presence in the craft and import segments, as well as forays into low-alcohol and non-alcoholic drinks categories, such as tea (ABI recently linked with Starbucks to produce and sell Teavana-branded teas, and is partnering with Keurig on an at-home drinks system). Additionally, ABI will use the funds to expand its production capabilities across the U.S., including a series of upgrades to its 12 major breweries, as well as packaging and distribution facilities. With the newly announced outlay, ABI will have invested $4.5 billion in the U.S. from 2011-2020.
•Seattle’s Westland Distillery has unveiled Garryana 2|1 American Single Malt, the second expression in its limited edition Native Oak Series. It follows the launch of Garryana American single malt whiskey—Westland’s inaugural Native Oak offering—last summer. Like the original Garryana whisky, Garryana 2|1 features liquid matured in Quercus garryana, or Garry Oak, but unlike its predecessor, does not include a peated component. The new 50%-abv entry is limited to 2,600 bottles and retail priced at $125. Rémy Cointreau acquired Westland Distillery for an undisclosed price late last year.
•A new rosé brand, Rosé Piscine, will launch in the U.S. in New York City and the Hamptons this month. Owned by Florida-based Altitude Capital Trading, Rosé Piscine ($15 a 750-ml.) is a Millennial-focused rosé made with 90% Négrette and 10% Muscat de Hambourg. The 11%-abv wine is intended to be served over ice and, according to importer and brand manager Rosé Piscine USA, features an acidity and residual sugar levels that can stand up to gradual dilution without losing its flavor profile.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.
Tagged : AB InBev, Altitude Capital Trading, Anheuse-Busch InBev, Remy Cointreau, Teavana, Westland Distillery
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