November 22, 1995 |
The stock of the nation's largest microbrewer, the maker of Samuel Adams beer, surged 40% on Tuesday as investors snapped up the initial public offering of Boston Beer Co. "There's just a tremendous amount of excitement--there's almost a mania for microbrewers," said Benj Steinman, editor of Beer Marketer's Insight, a bimonthly industry newsletter. Boston Beer shares, initially scheduled in August to sell at $10 to $15 apiece, were priced at $20.
August 3, 2012 |
Angel City Brewing's head brewer, Dieter Foerstner, doesn't need a history lesson on the once-great legacy of beer-making in Los Angeles. During World War I, his great-grandfather brewed for the Los Angeles Brewing Co., which was formed in 1897 and was once the nation's fifth-largest producer. "I was looking for my pop's old recipes, but my great uncle said they never wrote them down," Foerstner said. No matter, as Angel City Brewing under Foerstner is itself undergoing a fresh start.
February 19, 2013 |
Add Samuel Adams to the growing list of beers available in cans. The Boston Beer Co. said it will start selling its popular Samuel Adams Boston Lager in cans for the first time this summer, the Associated Press reports. The move will allow beer fans to take the popular lager places where glass bottles may not be allowed, such as pools, parks, beaches and sporting events. Once considered to impair the taste of fine beers, cans are now used by more than 180 craft breweries, according to the website ontaponline.com.
August 26, 1995 |
Boston Beer Co., brewer of Samuel Adams Boston Lager, is selling shares the same way it sells its beer--straight to the public. The brewer will put clip-and-mail coupons on Samuel Adams six-packs to sell its shares as part of a $75-million initial public offering. That will give consumers a rare opportunity to buy 990,000 out of 5.3 million shares at the offering price in what is expected to be a hot issue.
October 13, 1994 |
For beer lovers who want to get out of town this weekend, the first Pacific Coast Beerfest is being held in Santa Barbara. About 40 micro-breweries, including the Huntington Beach Beer Co., will offer about 120 beers from California, the Pacific Northwest and other parts of the country from noon to 6 p.m. Saturday and Sunday at the Earl Warren Showgrounds, Las Positas Avenue and Highway 101.
January 16, 2012 |
Beer had a lackluster year in 2011, with the latest estimates showing U.S. shipments at their lowest levels since 2003 as major manufacturers such as Anheuser-Busch and Heineken USA took tumbles. Worldwide, suds shipments were down 2.9 million barrels, or 1.4%, from 2010, according to the latest newsletter from Beer Marketer's Insights. Top-ranked Anheuser-Busch, which owns Budweiser, Michelob, Beck's and more, saw shipments slip 2.9 million barrels - or 2.9% -- to 98,800 barrels.