Bev/Al Leaders Praise Passage of Senate Tax Reform Package

The measure, which now goes to a House-Senate conference committee, provides a 50% reduction in federal excise tax on domestic brewers and distillers who produce less than 60,000 barrels a year.  Larger suppliers also get the reduced rate on their Continue reading

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MillerCoors Sheds Pension Liabilities

MillerCoors is transferring over $900 million in pension obligations to Athene Annuity & Life Co., an Iowa-domiciled life insurance company.  Starting May 1, 2018, Athene will begin making benefit Continue reading

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Moet Hennessy Uses Voice Technology for Product Education

Now, people who own Amazon Alexa will be able to learn about champagne and create their own experiences at home, thanks to Moët Hennessy USA. Continue reading

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Alcohol Prerecovery Drink Unveils New Flavors

The anti-hangover supplement released berry and grape flavors.  The product, a non-caffeinated liquid supplement that helps shield Continue reading

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Casa Noble Tequila Expands Portfolio With $1,499 Bottle

Casa Noble Selección del Fundador Volume II is a triple distilled, extra añejo, which has been aged for eight years in new Taransaud 114-liter French white oak barrels to impeccably develop its Continue reading

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AB InBev’s Business Just Keeps Getting Better and Better

The best proof of this is in AB InBev’s widening EBITDA margin. The beer giant’s earnings before interest, taxes, depreciation, and amortization are rising thanks to cost efficiencies and “premiumization” initiatives.  Read more here, from The Motley Fool via Madison.com.

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