News

A new alcohol law in Boston is the source of controversy, and a big player in California strengthens its brand by acquiring a small, popular brewery. Two major wine distributors invest in expanding, solidifying their presence within the community and in the on-line world, respectively. The news we’re thinking about here at SevenFifty Daily.

Thursday,
July 20, 2017
1. North Bay Business Journal

Vintage Wine Estates pours $30M into Mendocino expansion

Rapidly expanding Vintage Wine Estates invested $30 million for upgrades to their facilities. They also have plans to build another 100,000 square-foot goods warehouse next year. In the last two years, they’ve added at least two dozen brands by launches, agreements, and acquisitions.

2. North Bay Business Journal

WineDirect opening big high-tech Napa Valley fulfillment center

Wine Direct’s two-year, multimillion dollar high-technology wine fulfillment center commences operations next month. Their software and mechanical warehouse programs was designed by Vargo, the same company that designed Amazon’s system.

3. WCVB

Casinos could sell alcohol until 4 a.m. under new law

Massachusetts governor Charlie Baker signed a new law that will allow casinos to seek permission from state gambling regulators to extend last call until 4 a.m. The provision was included in their $40 billion state budget signed this week.

4. Brewbound

Coronado Brewing to Acquire Monkey Paw

Coronado Brewing acquired a majority stake in the popular independent brewing company, Monkey Paw Brewing. This decision comes after investing in new locations.