Category Archives: Investing

Mission Brewery Sells Stock to Fans

It’s seeking to raise $1 million from the public through the crowdfunding site Wefunder.

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Brown-Forman to Invest $45 Million in Barrel Making

The investment will modernize the Brown-Forman Cooperage, reduce operating costs, improve efficiency and allow continued production of high-quality barrels in Louisville. Some 70 hourly positions, mostly in the Heading and Staving Departments, will be eliminated.  The Cooperage will continue to … Continue reading

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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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