Taste Test by Shan Li

Newspaper: Los Angeles Times
Date: Sunday, December 25, 2016
Article: Taste Test
Writer: Shan Li
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Comments:  This article is intended for the parents of students from 4th to 6th grade.

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Answer Key

1. Stone Brewing created Arrogant Bastard Ale in 1997.
2. Stone Brewing is located in Escondido, California.
3. Stone Brewing opened a brewery in Berlin in June 2016.
4. Nick Petrillo is senior analyst at IBISWorld.
5. Stone Brewing sales in 2015 were $200 million.
6. Stone Brewing laid off 60 employees in October 2016.
7. Stone Brewing’s workforce is 1,200 employees.
8. CEO Dominic Engels said the October layoffs were “the simple evolution of a business.”
9. Stone Brewing opened a brewery in Richmond, Virginia.
10. 131 breweries operate in San Diego county according to West Coast Magazine.
11. Rodger Wegner is Association of Export Brewers of Northern, Western, and Southwestern Germany.
12. 172 million gallons of foreign beer was imported to Germany last year.
13. 132,000 gallons of U.S. beer was imported to Germany last year.
14. Greg Koch used to be CEO of Stone Brewing.
15. Dominic Engels use to work for Wonderful Company.
16. Stone Brewing is 20 years old.
17. InBev is the owner of Anheuser-Busch.
18. Golden Road Brewing is Los Angeles’ largest craft brewery.
19. Miller Coors owns Saint Archer in San Diego.
20. Constellation Brands owns Ballast Point in San Diego.
21. InBev owns Golden Road Brewing.
22. VMG Coinvestment is a business agreement between Stone Brewing and private equity firm VMG Partners.
23. VMG Partners invested $89.5 million in Stone Brewing.
24. Scot Blair owns South Park Brewing Company.
25. White Labs opened a location in Copenhagen.
26. Steve Wagner and Greg Koch are going to create True Craft, which will be an investment firm to buy minority shares of small breweries instead of them selling to the big beer conglomerates.