Is Thomas E. Jackson Jr. a sinner or a saint? On Thursday, friends and family tried to convince a federal judge that Jackson is a saint, a man who’d give anyone the shirt off his back. But U.S. District Judge Gregory L. Frost didn’t buy it. Frost sentenced Jackson to seven years in prison for fleecing investors in his bottled water business out of $8.8 million. (The Columbus Dispatch)
The coffee-drinking world needs another Brazil, the world’s top grower and exporter of the beans, if it’s to avoid a shortage. Rising consumption, especially in emerging markets, means global production will have to rise by an extra 40 million to 50 million bags of coffee in the next decade, said Andrea Illy, the chairman and chief executive officer of Illycafe SpA, a roaster based in Trieste, Italy. That’s more than the entire crop of Brazil. (Bloomberg)
The Distilled Spirits Council (DISCUS) announced the selection of Kraig R. Naasz, 55, the current head of the American Frozen Food Institute (AFFI) as its new President and CEO. Naasz succeeds Dr. Peter H. Cressy, who has successfully guided DISCUS for the past 16 years, during which time the spirits industry increased its market share by 22%, and supplier revenues more than doubled from $10.7 billion annually to over $23 billion. The appointment is effective January 1, 2016.
Beam Suntory celebrated the grand opening of Jim Beam’s new visitors’ experience in the heart of Louisville’s Fourth Street entertainment district yesterday. The Jim Beam Urban Stillhouse not only establishes a highly visible presence for the world’s No. 1 bourbon in the most vibrant tourist destination in Louisville, but also offers guests a hands-on bourbon experience unlike any other, the brand says.
Growler USA CEO Dan White says two of the best things to happen to beer drinkers in America are the surge in beer entrepreneurship — which has seen the total number of craft breweries top 4,000 this year — and the launch of his national chain of tap rooms. That's because every Growler USA franchise that opens, from Boston to Honolulu, sources its beers first from local breweries before looking further afield. And since each location will pour eighty or more beers, the company can tap into a pretty hefty portion of the beers produced by those 4,000 craft breweries. (Westword)