• Focus News EU is an independent media based in Europe
  • providing the world's latest news, the definitive source for independent journalism from every corner of the globe.

Yuengling, America’s Oldest Brewer, Invades the West Coast

Food Olivia 4weeks ago (09-21) 11Views

TikTok Staves Off Ban After Trump Gives Nod to Partnership Deal

President Donald Trump approved a partnership deal in principle that would allow TikTok to operate in the United States, even though it appeared to conflict with his initial order for China’s ByteDance to divest the video app. “I have given the deal my blessing,” Trump told White House reporters on Sept. 20 before departing for a campaign rally in North Carolina. “I approved the deal in concept.” Under the agreement, ByteDance, TikTok’s Beijing-based parent company, will create a new company headquartered in the United States to operate the popular video sharing app, with the promise of bringing 25,000 job opportunities. The new company is planning a U.S. initial public offering within a year. “Conceptually, I think it’s a great deal for America,” Trump said, adding that the new structure will…

Yuengling, America’s Oldest Brewer, Invades the West Coast

Hey West Coast beer lovers, it’s pronounced YING-ling.

D.G. Yuengling and Son, America’s oldest operating brewer, is sending some cold ones your way for the first time since it began making beer in 1829.

The brewery, about two hours northwest of Philadelphia, announced a joint venture with Molson Coors on Sept. 15 to break out beyond its traditional 22-state distribution area in the East.

Raising beers to toast the new partnership with the Pennsylvania brewer, Molson Coors CEO Gavin Hattersley said, “We’re going to make a whole lot of Yuengling fans out West really happy.”

The family-owned brewery known for its cheap German-style lager will remain independent. A six-member board of directors—three from Yuengling and three from Molson Coors Beverage Co.—will oversee Yuengling’s expansion starting in the second half of 2021.

Yuengling has two breweries in Pennsylvania and one in Florida. Molson Coors, the nation’s second-largest brewer, has seven primary breweries and six craft breweries.

The partnership gives Molson Coors a popular brand at a time when beer sales have gone flat. Beer sales fell 2 percent in the U.S. last year, with canned cocktails and hard seltzers gaining popularity, according to the Brewers Association, a trade group.

The companies said they will announce in a few months which western states will get Yuengling first.

Jennifer Yuengling, vice president of operations and a sixth generation brewer, said the companies have talked of partnering for some time, and the time is right.

By Dee-Ann Durbin

Focus News: Yuengling, America’s Oldest Brewer, Invades the West Coast

TikTok Staves Off Ban After Trump Gives Nod to Partnership Deal

President Donald Trump approved a partnership deal in principle that would allow TikTok to operate in the United States, even though it appeared to conflict with his initial order for China’s ByteDance to divest the video app. “I have given the deal my blessing,” Trump told White House reporters on Sept. 20 before departing for a campaign rally in North Carolina. “I approved the deal in concept.” Under the agreement, ByteDance, TikTok’s Beijing-based parent company, will create a new company headquartered in the United States to operate the popular video sharing app, with the promise of bringing 25,000 job opportunities. The new company is planning a U.S. initial public offering within a year. “Conceptually, I think it’s a great deal for America,” Trump said, adding that the new structure will…


The article is from the Internet, and the content does not represent the position of this website.丨This website usesBY-NC-SAagreement for authorization
please indicate the link for reprint:Yuengling, America’s Oldest Brewer, Invades the West Coast
Likes (0)