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Stock impact report

Could Coronavirus Force 60% Of US Craft Breweries To Shutter? [Forbes]

Boston Beer Company, Inc. (The) (SAM) 
Last boston beer company, inc. (the) earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: bostonbeer.com/overview
Company Research Source: Forbes
A recent poll indicates upwards of 5,000 U.S. craft breweries could close as a result of the... [+]coronavirus.Brewers AssociationBefore the World Health Organization declared the coronavirus outbreak a global pandemic and U.S. President Donald Trump issued anational emergency proclamation, Boston Beer Company founder and chairmanJim Kochwas preparing for the disruptions it could cause to his business.At the end of January, Boston BeerappointedJulio Nemeth, the chief product supply officer at Procter & Gamble, to its board of directors. This would prove to be a valuable addition to the Boston Beer brain trust, since Nemeth had a head start on adapting to the new reality of manufacturing products in the age of COVID-19.“He has been running factories in China for over three months now,” Koch told me during a recent phone interview. “He gave us the protocols for running a brewery safely in the middle of the pandemic.”Today In:Koch, who has spent the better part of the last 40 years build Show less Read more
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