Organic net beer sales increased 13 percent on the year due to volume growth and pricing as well as an acquisition benefit from the $ 1 billion deal to purchase California - based
craft brewery Ballast Point.
Constellation Brands, which produces and distributes the popular Modelo and Corona Mexican import labels, as well as beers from San Diego
craft brewery Ballast Point, continued its rise as the only beer company among the top 5 vendors to post increases in both dollar sales (14.1 percent) and volume sales (12.5 percent).
Shipments across the company's beer portfolio — which include popular Mexican import labels Corona and Modelo, among others, as well San Diego - based
craft brewery Ballast Point — grew 7 percent, while depletions (sales - to - retailers) increased 11.6 percent during the quarter.
Not exact matches
Ballast Point is San Diego's largest
brewery, while three rivals — Stone, Green Flash and Karl Strauss — rank among 50 largest
craft breweries.
The South Florida
craft brewery will take advantage of brewing and canning capacity at
Ballast Point, another Constellation - owned company, and launch its product in cans for the first time.
In addition to its presence in Chicago,
Ballast Point will also be the «official
craft beer sponsor of Barclays Center» in Brooklyn after Constellation executives last year negotiated a «comprehensive arena sponsorship» that will also give the San Diego
brewery a branded bar on the main concourse.
These adjustments, coupled with a key executive change at
Ballast Point and the purchase of Florida's Funky Buddha
Brewery, are all part of Constellation's renewed focus on the
craft beer category — something it wasn't participating in until it purchased
Ballast Point in late 2015.
The Disney taproom is the seventh
Ballast Point location in Southern California — and first in Orange County — for the Constellation Brands - owned
craft brewery.
Ballast Point has become one of the nation's leading
craft breweries by exploring new tastes and techniques to create the perfect balance of taste and aroma.
San Diego, Jan. 24, 2018 — San Diego - based
Ballast Point, a pioneer in the
craft beer industry and one of the nation's leading
craft breweries known for high - quality, award - winning and innovative beers, today announced the opening of a
brewery, tasting room and kitchen in the Downtown Disney District at the Disneyland Resort.
Wiens Brewing Company of Temecula, regional microbreweries like
Ballast Point Brewing, Hangar 24
Craft Brewery, and Left Coast Brewing; and dozens of other locally recognized and widely known breweries are showcased at Pechanga Resort & Casino's popular, annual, craft brew fest
Craft Brewery, and Left Coast Brewing; and dozens of other locally recognized and widely known
breweries are showcased at Pechanga Resort & Casino's popular, annual,
craft brew fest
craft brew festival.
Cape Rey is just minutes away from over sixty award - winning
craft breweries including Stone,
Ballast Point, Mother Earth, and Karl Strauss...