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

Craft Brewing and Distilling News for November 9, 2018

November 9, 2018

•Charlotte, North Carolina-based Great Wagon Road Distilling Co. has inked new distribution deals with Southern Glazer’s in four states. Effective immediately, Southern Glazer’s will begin distributing Great Wagon’s spirits in South Carolina, Mississippi, Virginia, and West Virginia. Great Wagon, founded in 2013, produces Rúa single malt whisky ($40), Quinn’s Small Batch Whiskey ($30), and Salamander Gluten-Free Vodka ($20). The new partnership with Southern Glazer’s will bring Great Wagon Road’s products to a total of eight states, also including North Carolina, Texas, Georgia, and Tennessee.

•Craft Brew Alliance (CBA) reported that overall sales increased to $162.2 million for its year-to-date through September with shipments up 0.2%. The Portland, Oregon-based company’s gross profit increased by 7% to $53.9 million, boosted by increased per-barrel pricing partially offset by poor brewpub performance. The Kona brand saw depletions rise 7% year-to-date, driven by Big Wave Golden Ale, which rose 30% in the third quarter. Looking forward, CBA plans to increase investment in its October acquisitions—Appalachian Mountain Brewery, Cisco Brewers, and Wynwood Brewing Co.—which have posted a combined 18% growth for the year so far.

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 :