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NEW YORK, July 11, 2024 /PRNewswire/ -- Pernod Ricard has reinforced its commitment and ambition to its American Whiskey portfolio by establishing a new Global Brand Company in the USA, North American Distillers (NADL).

The new specialized business will be helmed by Richard Black, a seasoned Pernod Ricard executive with 23 years of leadership in whiskey and cognac, including time at Chivas Brothers and most recently as Global Marketing Director for Martell in Paris. As CEO of North American Distillers, Black will oversee the company's full American Whiskey portfolio and North American operations sites.

Pernod Ricard initially launched its American Whiskey portfolio as an independent unit incubated within Pernod Ricard USA. NADL marks the next phase of its American Whiskey commitment, and with the recent substantial investments in the thriving category, the company decided to form a global brand company to align with its growth ambitions.

NADL will prioritize operational excellence, creating a best-in-class organization emphasizing safety, quality, and sustainability. This includes overseeing the highly anticipated Jefferson's distillery, currently under construction in Kentucky and poised to set industry standards.

Black said, in a statement: "American whiskey is a dynamic spirits category, and our portfolio shows immense potential for future growth. Our investments made in Jefferson's, Rabbit Hole, Smooth Ambler, Skrewball and TX, underscore our ambitious commitment. My mission is to harness this potential and drive a singular focus on these brands and our operations, driving us towards our goals and creating a top-tier marketing and sustainable operations team on the back of our peoples' deep-rooted expertise."

This move aligns Pernod Ricard's American Whiskey operations with its global operations structure, mirroring the approach of its successful Irish and Scotch whisky entities, Irish Distillers and Chivas Brothers. The new company will be responsible for global marketing strategy and production of its premium American Whiskey brands, leveraging the company's global network to stimulate growth. This includes all Pernod Ricard American North America operations sites.

Supporting Black is a seasoned team of operations and American Whiskey specialists at North American Distillers. Leading the operational charge is Pierre Joncourt, current SVP of Operations for Pernod Ricard North America. On the whiskey and marketing front, Bourbon Hall of Famer and Rabbit Hole Whiskey founder Kaveh Zamanian will move to a new role, guiding the liquid strategy for the full North American whiskey portfolio.

 
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CALGARY, AB, July 10, 2024 /CNW/ - Big Rock Brewery Inc. (TSX: BR) ("Big Rock" or the "Corporation") Inc is excited to announce it has acquired a QuikFlex 2100G3 (the "QuikFlex") manufactured by Graphic Packaging International, one of the world's leading providers of integrated solutions for packaging, materials, printing, and automation. 

The QuikFlex represents the latest technology in a flexible, high-speed, continuous-motion packer designed to package single tiers of cans in various configurations and features automatic loading. The QuikFlex will be integrated with the Corporation's high-speed canning line that was upgraded during 2022.

David Kinder, Big Rock's President and Chief Executive Officer noted "The acquisition of this equipment was critical to allow Big Rock to meet the tastes and preferences of our loyal customer base and demonstrates our commitment to re-invest in the company. This addition will also allow us to package products in formats that align with the needs of our co-packing partners and will reduce product movements and reliance on third party packers, making us more competitive."

  • The Corporation also announced some recent operational realignments: At the conclusion of its lease on July 31, 2024, Big Rock's location in Vancouver will be permanently closed. Prior to the pandemic, this location, which was opened in 2015, featured a tap room, restaurant and micro-brewery. The tap room and restaurant were ultimately not re-opened and the leased space was larger than what is required to maintain production; and
  • Effective June 17, 2024 Big Rock sold and closed its warehouse facility located in Edmonton, Alberta. Big Rock products will continue to be distributed to each of its customers via a partnership with Hy-Line Express Ltd, an Edmonton-based trucking company who will provide cross-docking functionality to Big Rock's existing network of transportation partners.

Mr. Kinder commented: "Upon joining Big Rock I worked with our team to review the results of the Strategic Review conducted in 2023. It became evident that these changes were necessary to allow us to focus on our core business. We are cognizant of our long-standing commitment from our customers in British Columbia and in Central and Northern Alberta and look forward to continuing to meet their needs. Our brewing/production operations in BC will be relocated and we will continue to brew high-quality beverages, including Rock Creek Ciders, White Peaks teas and Tree Brewing Co. beers, that our customers have come to expect and appreciate. In Edmonton we saw the opportunity to streamline our operating costs and consolidate both our inventory and logistics staging operations with our Calgary location. Our customers will continue to be able to order directly, have product readily available and be serviced on a seamless basis with our existing network of last-kilometer logistic partners who will continue to deliver our product directly."

Forward-Looking Information

Certain statements contained in this press release constitute forward-looking statements. These statements relate to future events or Big Rock's future performance. All statements, other than statements of historical fact, may be forward-looking statements. Forward-looking information are not facts, but only predictions and generally can be identified by the use of statements that include words or phrases such as, "anticipate", "believe", "continue", "could", "estimate", "expect", "intend", "likely", "may", "project", "predict", "propose", "potential", "might", "plan", "seek", "should", "targeting", "will", and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Big Rock believes that the expectations reflected in those forward-looking statements are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon by readers, as actual results may vary materially from such forward-looking statements. These statements speak only as of the date of this press release and are expressly qualified, in their entirety, by this cautionary statement.

In particular, this press release contains forward-looking statements pertaining to the following:

  • Big Rock's expectation that the QuikFlex will allow Big Rock to meet the changing tastes and preferences of its customer base;
  • Big Rock's expectation that the addition of the QuikFlex will allow Big Rock to package products in formats that align with the needs of co-packing partners;
  • Big Rock's expectation that the addition of the QuikFlex will reduce product movements and reliance on third party packers, making the Corporation more competitive;
  • the anticipated date and timeline of Big Rock's location in Vancouver permanent closure;
  • Big Rock's expectation that its products will continue to be distributed to each of its customers via a partnership with Hy-Line Express Ltd.;
  • Big Rock's expectation that Hy-Line Express Ltd. will provide cross-docking functionality to Big Rock's existing network of transportation partners;
  • Big Rock's expectation that implementation of the operational realignment will allow Big Rock to continue to meet the needs of its customers in British Columbia, Northern and Central Alberta;
  • the expectations that Big Rock's operational realignment will result in the streamlining of operating costs and consolidate the Corporation's inventory and logistics staging operations with its Calgary location; and
  • the expectations that customers will continue to be able to order, have product readily available and be serviced on a seamless basis with Big Rock's existing network of last-kilometer logistic partners who will continue to deliver our product directly.

With respect to the forward-looking statements listed above and contained in this press release, management has made assumptions regarding, among other things:

  • there will be no material change to the regulatory environment in which Big Rock operates;
  • there will be no material supply issues with Big Rock's vendors;
  • that Big Rock will receive and successfully complete the installation of the QuikFlex;
  • that Big Rock can and will successfully integrate and operate the QuikFlex; and
  • that Big Rock can and will execute its operational realignments and strategies.

Some of the risks which could affect future results and could cause results to differ materially from those expressed in the forward-looking information and statements contained herein include the risk factors set out in the Corporation's annual information form for the year ended December 30, 2023 and in the Corporation's most recent Management Discussion and Analysis which are available on SEDAR+ at www.sedarplus.ca and also include, but are not limited to:

  • the inability to integrate the QuikFlex with the Corporation's high-speed canning line as expected;
  • the risk that the addition of the QuikFlex may not allow Big Rock to package products in formats that align with the needs of co-packing partners as expected;
  • the risk that the implementation of the operational realignment may not allow Big Rock to continue to meet the needs of its customers in British Columbia, Northern and Central Alberta as expected;
  • the inability to complete the anticipated relocation of Big Rock's brewing operations in British Columbia and continue to brew high-quality beverages as expected;
  • the risk that Big Rock's operational realignment may not result in the streamlining of operating costs and consolidate the Corporation's inventory and logistics staging operations with its Calgary location as expected; and
  • the risk that customers may not be able to order, have product readily-available and be serviced on a seamless basis with Big Rock's existing network of last-kilometer logistic partners as expected.

Readers are cautioned that the foregoing list of assumptions and risk factors is not exhaustive. The forward-looking information and statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking information and statements included in this press release are made as of the date hereof and Big Rock does not undertake any obligation to publicly update such forward-looking information and statements to reflect new information, subsequent events or otherwise unless so required by applicable securities laws.

For more information on Big Rock Brewery visit www.bigrockbeer.com

 
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ROSELLE, N.J., July 10, 2024 /PRNewswire/ -- Penelope's second release in its annual Straight Rye Whiskey Toasted Series is now available. The first-ever release of Penelope Toasted Rye Whiskey achieved high acclaim at the 2024 San Francisco World Spirits Competition by scoring 99 points and winning Double Gold.

This year's expression is the result of finishing a very special, hand-selected 95% rye and 5% malted barley mash bill in new freshly toasted barrels. Penelope Toasted Rye Whiskey (Batch 24-304) is on shelf now with a limited allocation of 9,000 (6-in) cases at a minimum suggested retail price of $74.99 per 750mL bottle.

"After what we achieved with last year's release, we are really excited for our second installment," said Michael Paladini, founder of Penelope Bourbon. "Our first Toasted Rye scored 99 points at the San Francisco World Spirits Competition, and we're confident this release will be equally well received."

Penelope Toasted Rye features a layered aroma on the nose with bold, sweet butterscotch and a body of vanilla and toasted marshmallow balanced with notes of light tobacco and fruit. Toasted Rye's long finish has a sweet dessert character with orange peel and subtle spice.

"After aging the rye whiskey for six years prior to finishing, this year's release resulted in a profile that we believe will really stand out," said Daniel Polise, founder and master blender of Penelope Bourbon. "The char 2 profile of the finishing barrels used brought out rich butterscotch notes to the blend of selected barrels, adding additional layers and depth to a great rye whiskey."

A product locator for the Penelope family of bourbons can be found here.

 
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LOUISVILLE, Ky., July 10, 2024 /PRNewswire/ -- Today, Old Forester® releases its latest expression in the 117 Series: Rum Finish.

Historically, commercial trade on the Ohio River brought a variety of cask-aged spirits to the wharf behind Old Forester Distillery on Whiskey Row. This expression features the finishing of Old Forester in barrels that have matured rum for a minimum of four years, bringing notes of rich tropical fruit, coconut, and custard to the profile

Rum Finish is bottled at 95-proof in a 375 ml bottle. 

"By finishing our signature bourbon for approximately six months in these rum barrels, we have complimented and accentuated the sweet aromatics of Old Forester with hints of brown sugar and molasses, emboldening its rich character," said Old Forester Assistant Master Distiller Caleb Trigo. "Rum Finish provides a sweet addition to the series that whiskey aficionados – and rum drinkers – will love."

Rum Finish marks the latest expression in the 117 Series, which launched in 2021.

Old Forester 117 Series: Rum Finish is available starting today at the retail shop at Old Forester Distillery Co. and will be available for shipping (to D.C., KY, NE, NH, ND only) in our online store at shop.oldforester.com in a two-bottle set. The suggested retail price for the 375 ml bottle is $59.99 and the suggested retail price for the two-bottle set is $119.99.

For more information on Old Forester, please visit OldForester.com

 
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GRIMSBY, Ontario, July 09, 2024 (GLOBE NEWSWIRE) -- Andrew Peller Limited (TSX: ADW.A / ADW.B) (“APL” or the “Company”), one of Canada’s leading producers and marketers of quality wines and craft beverage alcohol products, today announced executive appointments which are effective immediately. The Board of Directors is confident that these changes position the Company for long term success and continued market leadership.

Paul Dubkowski has been appointed Chief Executive Officer and has been elected to the Board of Directors. Mr. Dubkowski joined APL in 2022 as Chief Financial Officer and Executive Vice President IT and has more than 20 years of experience in the hospitality and retail sectors. He has established a proven track record of leading teams to drive profitable growth.

In addition, Patrick O’Brien has been appointed President & Chief Commercial Officer, assuming expanded responsibilities for Marketing and all sales channels. Mr. O’Brien, who joined APL in 2019, is an internationally experienced sales and marketing executive respected for his strategic approach and focus on building winning teams.

As previously announced, John Peller will assume a strategic consulting role to support the leadership team and ensure a smooth transition of responsibilities. Mr. Peller has been at the forefront of the Canadian wine industry since 1989 and will continue his important advocacy work to support the long-term success of the Company and the Canadian wine industry.

“After a thorough search process, we’re excited to appoint Paul as our new Chief Executive Officer and Patrick as our new President and Chief Commercial Officer. They are both accomplished leaders, with deep knowledge of APL’s operations and the beverage alcohol industry. Paul has been instrumental in strengthening the foundation of the business over the last several years while driving operational efficiencies and cost savings initiatives. Patrick has built an industry leading commercial team that has consistently delivered above category growth across all channels,” said R. Bruce McDonald, Chair of the Board of Directors. “With Paul and Patrick in these new roles, we have the right leadership team to carry forward the core values and rich traditions that have been ingrained in the Company by the Peller family.”

Mr. McDonald added: “For over 30 years, John has led the Company as its Chief Executive Officer and has been the driving force behind its growth and success. On behalf of the Board of Directors, we thank him for his outstanding contributions and leadership.”

Paul Dubkowski commented: “I’m thrilled to assume the role of Chief Executive Officer. I look forward to working with our Board of Directors to build on the Company’s strong foundation and track record of profitability established over 64 years. The team is highly focused on delivering above-category sales performance, combined with further margin expansion and EBITA growth.”

 

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