Le Lézard
Classified in: Business
Subject: ECO

Oregon Beer Distributors Celebrate 86th Anniversary of Prohibition Repeal


ALEXANDRIA, Va., Dec. 5, 2019 /PRNewswire/ -- The National Beer Wholesalers Association (NBWA), the leading national voice for the 72 independent beer distributors in Oregon, today raised a glass to celebrate the 86th anniversary of the repeal of Prohibition and the subsequent alcohol policies that laid the foundation for today's modern beer industry.

NBWA Logo

On Dec. 5, 1933, the United States ratified the 21st Amendment, repealing the 18th Amendment and ending a 13-year-long national ban on alcohol ? and also giving states the right to regulate alcohol. The repeal of Prohibition gave rise to one of our country's most effective regulatory structures?separating the production, distribution and sale of alcohol and granting broad regulatory power over alcohol to states. 

"The impact of the 21st Amendment extends far beyond the legal ability to enjoy a cold beer with family and friends," said NBWA President and CEO Craig Purser. "Because of the robust marketplace and healthy competition spurred by the 21st Amendment, consumers today are assured quality beverages and have more choices than ever?and every community throughout the country benefits significantly from the beer industry's economic impact."

The U.S. beer industry is made up of brewers, importers, beer distributors and retailers. According to a recent study commissioned by NBWA and the Beer Institute, the industry as a whole is responsible for $328 billion in economic activity, more than 2.1 million American jobs and nearly $59 billion in tax revenues. That includes 43,117 jobs and $2 billion in wages in Oregon, extending to every community across the state. The same study also estimates that the production and sale of beer generates $913 million in local, state and federal tax revenues.

Beyond its economic impacts, the current alcohol regulatory structure has aided the record growth of local, craft beer. According to the U.S. Department of the Treasury's Alcohol and Tobacco Tax and Trade Bureau (TTB), the number of breweries in the U.S. has grown from 49 in the 1980s to 10,000 today. Now, more than 13,000 different beer labels are sold at more than 640,000 licensed retail locations nationwide.

"Oregon beer distributors are proud to play a critical role in creating great jobs and supporting local communities across the state," said Purser. "As we celebrate the anniversary of the repeal of Prohibition, we raise a glass to the 21st Amendment, which established the foundation of America's leading and effective alcohol system."

The National Beer Wholesalers Association (NBWA) represents America's 3,000 independent beer distributors with operations in every state, congressional district and media market across the country. Licensed at the federal and state levels, beer distributors get bottles, cans, cases and kegs from a brewer or importer to stores, restaurants and other licensed retail accounts through a transparent and accountable regulatory system. Distributors build brands of all sizes ? from familiar domestic beers to new startup labels and imports from around the world ? and generate enormous consumer choice while supporting 141,000 quality jobs in their home communities. Beer distributors work locally to keep communities safe by sponsoring programs to promote responsible consumption, combat drunk driving and work to eliminate underage drinking.

 

SOURCE National Beer Wholesalers Association


These press releases may also interest you

25 sep 2020
This press release provides shareholders of Cohen & Steers Infrastructure Fund, Inc. (the "Fund") with information regarding the sources of the distribution to be paid on September 30, 2020 and cumulative distributions paid fiscal year-to-date. In...

25 sep 2020
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew...

25 sep 2020
Montage Resources Corporation WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Montage Resources Corporation in connection with the proposed acquisition of the company by...

25 sep 2020
Below are experts from the ProfNet network who are available to discuss timely issues in your coverage area.   EXPERT ALERTS ...

25 sep 2020
Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 20, 2020 to file lead plaintiff applications in a securities class action lawsuit against...

25 sep 2020
If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or interests, please contact: Joshua Rubin, Esq.WeissLaw LLP1500 Broadway, 16th FloorNew...



News published on 5 december 2019 at 08:12 and distributed by: