Exclusive news and research on the wine, spirits and beer business

News Briefs for September 24, 2018

September 24, 2018

•The strike at Four Roses Distillery ended late last week after unions and management reached a tentative settlement on Friday. The striking employees are expected to return to work as soon as today. Some 53 Four Roses workers walked off the job on September 7 amid a contract dispute that centered on sick leave policy. The Lawrenceburg, Kentucky-based distillery said it plans a return to full production soon. In late August, Four Roses announced a new $54 million expansion plan that will double its annual production by 2022. The plan allocates $34 million for two new buildings and new equipment at the distillery, as well as $20 million for four new warehouses at its warehousing and bottling facility in Cox’s Creek, Kentucky. The expansion will create 15 new jobs. It’s one of several investments by Four Roses since 2012, the most recent being a plan for a new 60,000-square-foot building at the warehouse and bottling facility to make room for two bottling lines, bottling support areas, and office space.

•Control state spirits volumes rose 2.3% in volume terms and 4.9% in dollar value during the 12 months through August, according to NABCA. In the calendar year-to-date, control state dollar sales accelerated slightly to 5.4%, compared with a 5.1% rise during the same period a year ago. The solid value growth came even as volume progress decelerated from 3% over the first eight months of 2017 to 2.7% in the current calendar year-to-date through August. Control states account for around 23% of the total U.S. spirits market by volume.

•Infinium Spirits has launched Seagram’s Tropical Pineapple vodka, the newest flavor in in the brand’s lineup. The 35%-abv spirit is now available across the U.S. for a suggested price of $11 a 750-ml. The company is also planning a packaging update for Seagram’s Extra Smooth and Platinum Select 100, slated to take effect before the end of the year. In 2017, Seagram’s vodka was up 2.5% to nearly 1.4 million cases in the U.S., according to Impact Databank.

Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.

Tagged : , , , ,

Get your first look at 2018 data and 2019 projections for the wine and spirits industries. Order your 2019 Impact Databank Reports. Click here.

Previous :  Next :