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❤️ A Tribute to Beer Industry Vet Dave Wilson

Daily Briefing
Plus, why Ball is watching domestic beer and energy drinks ...͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
 
 
BrewboundJune 20, 2024
DAILY BRIEFING: LITE EDITION
A preview of today's news & insights for the beer industry.

🚨 What You're Missing 🚨

🔐 Dave Wilson Tribute, Ball Investor Day and an Iowa Brewery Shuts Down Production

🔐 Dave Wilson Tribute, Ball Investor Day and an Iowa Brewery Shuts Down Production

In today’s Brewbound newsletter, 21st Amendment co-founder Nico Freccia pays tribute to Dave Wilson, a craft brewing industry veteran who died earlier this month after a brief battle with cancer. Wilson was 54. 

The remembrance is outside of the paywall and accessible to all Brewbound readers. 

Insiders are also:

  • Diving into aluminum can manufacturer Ball’s investor day;
  • Reading about the planned closure of Peace Tree in Iowa;
  • And seeing which northeastern markets are getting Corona Sunbrew.

Insiders also have access to the Brewbound Newsletter Archive, including previous newsletter-exclusive Insider content.

Become a Brewbound Insider today!

Or, be in the know on all food and beverage news from Brewbound, BevNET and NOSH with Insider All Access.

Today's Top Story

❤️ Former 21st Amendment President and Crux Co-Founder Dave Wilson Has Died

❤️ Former 21st Amendment President and Crux Co-Founder Dave Wilson Has Died

Earlier this month, former 21st Amendment (21A) president and Crux Fermentation Project co-founder David Wilson died at age 54 after a brief battle with cancer. 

21A co-founder and COO Nico Freccia shared the following remembrance of Wilson with Brewbound:

“David Wilson passed away quietly on Sunday, June 9, surrounded by his family after a brief fight with cancer. It was his 54th birthday.

“Dave started out in the beer business 30 years ago working for distributors in Southern California and then Olympia, Washington. He moved to the supplier side and began to work in sales for Deschutes Brewing Company. There, he rose to become their national sales and marketing director. 

“In 2008, when we were still a small upstart brewpub in San Francisco looking to get into distribution and sell our beer in cans, we had the incredible good fortune of meeting Dave, who had just left Deschutes. We thought he was way out of our league, but he was intrigued by this scrappy startup trying to do something differently. He came on as our first national sales director and built our sales and distribution network from the ground up.   

“Dave later went on to co-found Crux Fermentation Project in Bend, Oregon, where he set up their sales and distribution strategy and retail operations. 

“We had the incredible good fortune for a second time to have Dave return to the 21st Amendment just a few years later and he was made president and partner and was instrumental in the build-out of our new San Leandro brewery.

“Dave was the man that anyone could go to with any question about business or family. He always wore a huge, warm, smile, and gave giant bear hugs. He was the consummate family man and his life revolved around his wife, five children, and multiple grandchildren. He was the patriarch of his family and became the patriarch of ours.

“In addition to being my colleague, Dave was my mentor and one of my best friends. His loss is towering for the industry.

“Dave’s family will plan for a celebration of life in August in Bend, Oregon.”

From the Wire

🥫 Ball ‘Keeping a Close Eye’ on Domestic Beer, Energy Drinks

🥫 Ball ‘Keeping a Close Eye’ on Domestic Beer, Energy Drinks

Ball Corporation, the world’s leading manufacturer of aluminum beverage cans, is “keeping a close eye” on domestic beer and energy drinks as it plots its next few years, executives said during an investor day Tuesday.

The company aims to increase its market capitalization to $30 billion by 2030, up $9 billion from its existing $21 billion market cap. Ball plans to get there through +2% to +3% organic volume growth, operating earnings growth with “2X operating leverage,” and driving capital allocation with a 1:1 net earnings to free cash flow ratio, EVP and chief financial officer Howard Yu said. 

Insiders can read more about Ball’s tumultuous past few years and executives’ takes on competition and product mix.

On This Week's Brewbound Podcast ...

🎙️ All the Angles of a Potential Boston Beer Sale

🎙️ All the Angles of a Potential Boston Beer Sale

Bernstein analyst Nadine Sarwat breaks down the pros and cons of a potential sale of Boston Beer Company. Sarwat also examines potential suitors, Wall Street’s view of potential deals and why Boston Beer continues to be in conversations around M&A. 

Plus, the Brewbound team discusses the latest news, including the Kelce brothers’ investment in Garage Beer, Hulk Hogan’s new lager and Athletic’s acquisition of another Ballast Point brewery in San Diego.

Listen here or on your podcast platform of choice.

Save the Date

🌴 Brewbound Live featuring: Full Circle Brewing, NIQ and Bump Williams Consulting

🌴 Brewbound Live featuring: Full Circle Brewing, NIQ and Bump Williams Consulting

Brewbound is excited to announce three additional speakers for the Brewbound Live business conference December 11 and 12 in Marina del Rey, California. 

The two-day conference will bring together leaders from all three tiers for business-focused conversations on driving the bev-alc industry forward, data presentations, networking and brand building at the Marina del Rey Marriott. 

Joining the speaker roster are:

  • Arthur Moye, owner and CEO of Full Circle Brewing;
  • Kaleigh Theriault, director of thought leadership, beverage alcohol vertical, NIQ;
  • Brian “BK” Krueger, VP of business development and portfolio strategies, Bump Williams Consulting.

They join previously announced speakers include

  • Natalie Cilurzo, co-owner, Russian River Brewing;
  • Peter Skrbek, CEO, Deschutes Brewery;
  • Lester Jones, chief economist and VP of analytics, National Beer Wholesalers Association;
  • Jennifer Hauke, founder and president, Draftline Technologies.

Additional speakers will be announced in the coming weeks. Interested in speaking? Follow this link to see our speaker guidelines

In addition to the mainstage programming and networking parties, Brewbound Live will feature opportunities for one-to-one conversations between brewers and bev-alc brands and retail buyers from chains such as Whole Foods Market. Registered attendees will be considered for meetings with buyers, as space is limited. Find out more details here.

Brewbound Live tickets are available now.

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    June 20, 2024 3:46pm

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