News

Here’s the news we’re talking about today at SevenFifty Daily.

Friday,
September 22, 2017
2. Brewbound

A-B InBev's Labatt to invest $460 million in Canadian breweries

In addition to the $2 billion it will spend on capital expenditure projects in the U.S. over the next four years, Anheuser-Busch InBev, via its Labatt Breweries subsidiary, plans to spend $460 million to improve operations at its six Canadian breweries. Following the investments, which are slated to conclude in 2020, Labatt Breweries will have spent more than $1 billion over a nine-year period, the company said in a press release. This follows the announcement made by A-B InBev that it is committed to spending $500 million on various brewery, distribution, and packaging and innovation initiatives in 2017.

3. Wines & Vines

California: Lake, Livermore grape crop spared heat damage

Livermore Valley and Lake County growers reported their harvests are coming in on schedule, and some are reaping heavier tonnage than in recent years. Furthermore, vineyards in the area have survived the recent heatwave, but some are facing issues with finding labor crews in a timely manner.

4. TTB

TTB and Illinois authorities conduct joint trade practice investigations

This week, the Alcohol and Tobacco Tax and Trade Bureau (TTB) conducted a joint operation with investigators from the Illinois Liquor Control Commission targeting alleged “pay to play” schemes in Chicago, the Quad Cities, and Peoria. This is the second large-scale trade practice enforcement joint operation that TTB has conducted this year.