Anadolu Efes’ net profit rises 19% in 2010

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Anadolu Efes on Tuesday announced its total sales volume increased notably by 14% to 8.8 mhl in 4Q2010 year-on-year, the highest quarterly growth achieved during 2010 (more…)

Sapporo reopenes Chiba brewery after earthquake

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Since the earthquake and tsunami hit Japan on March 11, the Chiba brewery of Sapporo was closed. Now the Japanese brewer “estarted to produce beer, though not 100% in operation,” a Sapporo spokesperson said. (more…)

US: Federal small brewer excise tax bills introduced in both chambers of Congress

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The Brewers Association (BA) on Wednesday announced that legislation seeking to enact a graduated beer excise tax rate of $3.50 and $16.00 for America’s small brewers has been introduced in both chambers of Congress. The BA is the not-for-profit trade group that represents the majority of U.S. brewing companies. (more…)

Why do craft breweries sell up?

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Last Monday, it was announced that Chicago’s Goose Island Brewery is being acquired by Anheuser-Busch for the sum of $38.8 million dollars. Goose Island (tagline “Chicago’s craft beer”) produces a number of highly sought-after brews, including Bourbon County Stout and Sofie (a Belgian style farmhouse ale), in addition to their more accessible 312 Urban Wheat and Green Line Pale Ale. (more…)