Some entrepreneurs are motivated by money, others by the challenge of scale, and many others by a passion for their product. But like Edison in his day (with much thanks to Nikola Tesla), another class of entrepreneur is spurred on by what others claim is impossible. Gail Levy, a serial entrepreneur, checked …
Read MoreMore than 10 years ago, the energy drink category was revolutionized by the introduction of 5-Hour Energy shots, made by Farmington Hills, Mich.-based Living Essentials LLC. This new concept maximized the convenience factor for consumers and even created new merchandising opportunities. In the battle to com …
Read MorePresident Trump announced last Thursday that he plans to impose a 10% tariff on all aluminum imports and a 25% tariff on all steel imports. This aluminum tariff will dramatically increase the manufacturing costs of American brewers and beer importers. The American beer industry relies heavily and increasing …
Read MoreIs glass a better alternative for food and beverage packaging than PET? That is the focus of a new study from IHS Markit (London). As plastic has become more widely used for food and beverage products over the past few decades, it has provided some benefits that glass does not. However, with consumer percepti …
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