Federal, state, and local layers of control define our business rather completely. From several agencies, including the U.S. Treasury Department, the Alcohol and Tobacco Tax and Trade Bureau (“TTB), the U.S. Department of Agriculture, the U.S. Food and Drug Administration, state alcohol regulae liable to significant federal and state excise taxes is the beer sector Our
brewers operate under federal licencing rules set by TTB. The TTB requires the filing of a "Brewer's Notice" upon the start of a commercial brewery and an amended Brewer's Notice any time there is a major change in the brewing or warehouse site, brewing or packing equipment, brewery ownership, or officer or director. The TTB can monitor and audit our
operations at any point Management believes right now we have all the licenses, permits, and approvals required for our current business activities. Should we stray from the guidelines of present permitowing operations The U.S. federal government taxes beer sold for consumption in the United States an excise tax of $18 per barrel; but, brewers like us that produce less than two million barrels annually are taxed at $7 per barrel on the first 60,000 barrels shipped;
Shipments above this amount taxed
at the regular rate. Many states also levy excise taxes on alcoholic beverages. Going forward, the federal government or any state government or both could increase excise taxes. Historically, changes in excise taxes on alcoholic beverages have been considered in connection with various governmental budget-balancing or supporting programs Environmental Control Programs Federal and Stat Among other things, our brewing
operations are impacted by environmental standards and local licenses and agreements on air emissions, water discharges, handling and disposal of hazardous wastes. Should such a breach occur or should environmental standards get tougher going forward, we could suffer even though we have no grounds to believe that the operating of our breweries breaks any
istribution network. This cooperation offers us national distribution, which yields administrative efficiencies as well as a strong presence in every market. Apart from supermarkets, warehouse clubs, convenience stores and medicine stores, our beers are sold straight to consumers in draft, cans and bottles at restaurants, bars and liquor stores. Our breweries and
Such rule or mandate Dramatic Shop Rules
Serving alcohol to someone known to be drunk under particular conditions could make the At this point the brewer first sees the liquid destined for beer. Lautering cuts the wort from the used-up grist. Moving the mash to a vessel with a perforated fake bottom helps to filter it. The Grist stays on one side while the wort empties to the other. Extra water is added in the
lautering step of sparging to maximize starch out of the barley (The Beer Temple, 2011). Craft brewers use several sparging techniques to achieve the correct fermentable sugar levels; some add water during draining and others only once the wort has been totally emptied. Too much sparging is bad since the tannins will start to wash into the wort ( Jackson, 2002, p.
These tannins are not the kind of bitterness that brewers are seeking for.server answers to other parties for injuries caused by the drunk customer. Our restaurants and bars have managed this by maintaining reasonable opening hours and constantly fillingWe have registered U.S. trademarks for our many products, including our own bottle designs. Usually,
trademarks register specific product names, logos, and label designs. The Kona Brewing, Widmer Brothers, Redhook, and Omission marks as well as several additional marks are registered in several other countries. Our Kona Brewing, Widmer Brothers, Redhook, Omission, Square Mile, and other trademarks are quite significant and main focus in the
Business marketing Should we fail to promptly
and properly react to changing consumer trends, our sales and market share could decline as well as our gross margin. The managerial focus needed to maintain a creative brand portfolio is expected to influence our gross margin as well as the expenses. Growing competitiveness could harm sales and operational performance. We also participate in the very extremely
competitive craft beer industry in addition to the much larger specialty beer sector in which bigger spirit makers and national brewers compete in. Growing competitiveness could have bad consequences on our operating performance and future sales. About our offerings. Neither do we know of any historical claims to the trademarks that would prevent us from
utilizing such trademarks in our operations nor any infringing use that may significantly affect our current business. Our aim is to actively fight any infringement of our trademarks and, wherever practical, pursue registration of them in our markets. We employed roughly 785 people overall as December for retail stores and bars, 210 for production, 130 for sales and
Conclusion
marketing, and 60 for corporate and administrative support. Among the totals listed are 244 part-time employees and six seasonal or temporary workers. Not one of our employees is union member or under a collective bargaining agreement. We believe our ties with our workforce are excellent Information Within Reac Our Internet address is www.craft Brew.com.
As soon as reasonably practical following our electronic filing of such material with the Securities and Exchange Commission we make available, free of charge, our annual report on quarterly reports on current reports on proxy statements and any corrections to those reports. One can view our SEC reports by visiting the page on investor relations on our website. Nothing on our website is included into any other report we send to the staff for the
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