Plans to restart old Coors brewery could bring 500 jobs to Memphis
Memphis Mayor A C Wharton confirmed Wednesday that a Wisconsin-based brewer will buy the old Coors plant and spend millions to restart it. (more…)
China’s Tsingtao Brewery 2010 net profit up 21.6%
Tsingtao Brewery Co. Ltd., one of China’s leading beer makers, Thursday announced its 2010 net profit hit 1.52 billion yuan (231.8 million U.S. dollars), up 21.6 percent year on year. (more…)
Court: Anheuser-Busch InBev can continue Bud fight
The European Union’s highest court has referred back to a lower court Anheuser-Busch InBev’s fight over the “Bud” trademark with Czech brewer Budejovicky Budvar. (more…)
Coors Light To Pass Budweiser As Second On Biggest Beer List?
First it was Diet Coke pushing Pepsi out of the way to take over second place on the bestselling soda list, now it looks like beer behemoth Budweiser might lose its coveted number-two slot to Coors Light. (more…)
NYC Company Expected to Tap into Iron City Brewing
Almost two years after Iron City Brewing Co. left Pittsburgh, a New York City-based private equity firm is expected to announce plans to buy the beer brand as soon as today. (more…)
SABMiller Chief Mackay Foresees More Consolidation in Global Beer Industry
SABMiller Plc (SAB)’s Chief Executive Officer Graham Mackay predicts more consolidation in the global beer industry even as companies find it more difficult to extract value from purchases. (more…)
Heineken Submits Highest Bids for Ethiopian State-Owned Brewing Companies
.Heineken NV (HEIA), the world’s third- largest brewer, submitted the highest offer for an Ethiopian brewery being sold by the government and is the only bidder for a second one, the country’s privatization agency said. (more…)
August Busch IV to leave InBev board
August Busch IV’s tenure on the Anheuser-Busch InBev board of directors is about to end. (more…)
India. Budweiser to target smaller towns
The Indian joint venture of the world’s largest beer company Anheuser-Busch InBev, plans to push the iconic American beer brand Budweiser into smaller towns in its bid to grow in the Indian market that is dominated by strong brews. (more…)
AB InBev buying craft brewer Goose Island for $38.8 million
Looking to tap deeper into the fast-growing craft beer market, Anheuser-Busch said today it is buying Chicago-based brewer Goose Island. (more…)