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Inside Beer (Aug 14th, 2017)

New Belgium has formed a partnership with Dick Cantwell and Belgium's Oud Beersel to acquire San Francisco's Magnolia Brewing Company. The venture, New Belgium Brewing Group, is a subsidiary of New Belgium Brewing Company. Dick Cantwell, formerly of Elysian Brewing, is the boyfriend of New Belgium's co-founder Kim Jordan. "Our industry has changed so significantly and quickly over the past couple of years that I think this is a great opportunity for us to be able to do a lot of experimentation and collaboration," said Jordan. Magnolia had been searching for a buyer since filing for bankruptcy in late 2015. The group is also expected to establish the first U.S. Lambic blender (traditional sour beer that must be brewed in Belgium) by importing beer from partner and Belgian-based brewery Oud Beersel. – BREWBOUND

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Pennslyvania's Troegs Brewing is installing eight 1,000 barrel fermentation tanks this week as part of a significant expansion. The new tanks will be used for Troegs's flagship beers in order to free up space in smaller tanks for the brewery's experimental, seasonal, and one-off series. "We’ve been under construction for 20 years," says John Trogner, Troegs's brewmaster who also co-founded the company in 1996. "And this is the next step in our strong, steady growth." Even before the additional space becomes operational, Troegs, the 38th largest craft brewery as of 2016, continues to see double-digit growth in 2017. – GOOD BEER HUNTING 

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ZX Ventures, a 'global disruptive growth group' backed by AB-InBev, is funding Canvas, a startup making health drinks from spent brewing grains. The project was originally developed as a part of ZX's Zxelerator program, a business accelerator that seeks to create launch-ready businesses from ZX's internal teams. Protein and fiber isolated from spent grains make up about 50% of the health drink. The product will be released in select markets this fall and ZX plans to work with AB-InBev's distribution networks to widen distribution in 2018. As part of an effort to create "energy and awareness" the company launched a Kickstarter campaign earlier this month with a goal of $25,000 that has already exceeded $40,000. – BREWBOUND

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Chicago's largest craft brewer, Revolution Brewing, will debut 8 new barrel-aged beers as part of its Deep Wood series this winter. The brewery is switching the beer series from 22-ounce individual glass bombers to 4-packs of 12-ounce cans. Brewmaster Jim Cibak says Revolution's Deep Wood series plays a contrarian role to the current trend of adding numerous adjuncts to barrel-aged beers. "At a great winery, if they want peach character, they don’t put peach in — they know what grapes will get peach character. As brewers, we’re looking to showcase our barrels." Of the 8 beers released, only two will feature adjuncts - an imperial stout with coffee and another with cherries. – CHICAGO TRIBUNE

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Cincinnati's Blank Slate Brewing abruptly closed last week after 5 years of operation. Owner Scott Lafollette shuttered the taproom on Monday, August 7th with no explanation. Three days later he released a blog post detailing the reasons for the brewery's closure. Lafollette pinned the closing on an unprofitable business model and an expansion that did not account for increased competition in the Cincinnati-area. "However, by the time everything was in place by late 2016 the brewing landscape had seemingly changed," he wrote. "A dozen more breweries had opened, all better funded than us with nicer taprooms and slicker marketing." Blank Slate was one of four breweries to close in the U.S. last week. – WCPO

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Redhook Brewing, a subsidiary of the Craft Brew Alliance (CBA), will open its Brewlab brewpub this week. The CBA recently decided to close and sell Redhook's large Woodinville, Washington production facility as the brewery was only running at 30% capacity. The Brewlab, located in Seattle, will feature a smaller and more versatile 8 barrel brewing system. Head brewer Nick Crandall plans to brew more than 100 unique beers per year. – EATER

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