Category Archives: Investing

Rebecca Creek Distillery Raises $15 Million Capital

Investors led by Dr. Henning Kreke, board chairman of Düsseldorf–based beauty retailer Douglas GmbH and a graduate of the University of Texas, acquired a minority stake in the San Antonio, Tex., distillery. The investment provides Rebecca Creek Distillery with $15 … Continue reading

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Buffalo Trace Upgrade Budget: $200 Million

That will pay for new barrel warehouses and to relocate the bottling operation is relocated to make room for distillery expansion with new cookers and fermenters. Already, Buffalo Trace is finishing up the conversion of two former office buildings back … Continue reading

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Real GNP Rises 1.2%

Real gross domestic product (GDP) increased at an anemic annual rate of 1.2% in the first quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.1%. Profits … Continue reading

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MillerCoors to Break Ground on $50 Million Expansion In Milwaukee; ABI Plans Announcement Today

MillerCoors will break ground Friday (5/19) to expand the Tenth Street Brewery near downtown Milwaukee. The expanded facility includes new cellars, a warehouse/pack hall and a brewhouse. It is designed to have the flexibility to serve as an incubator, brew … Continue reading

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Boston Beer Net Falls 14% in Quarter as Depletions Fall 15%

Net income for the first quarter was $5.7 million, or 45 cents a share, a decrease of $1.3 million, or 8 cents a share, from the first quarter of 2016.  This decrease was primarily due to decreases in net revenue … Continue reading

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CBrands Net Soars 45% on 12% Sales Gain, Boosts Payout 30%

Constellation Brands this morning is reporting a 45% increase in net profit to $1.54 billion, or $7.52 a share, for all of fiscal 2017 as its sales rose 12% to $7.33 billion. It also announced a 30% increase in the … Continue reading

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