That's partly because of the can shortage as well as increased consumer demand for brewers' biggest brands. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. After a long day of working from home — or an exasperating day of working out in the open — you deserve to treat yourself to a can of ice-cold beer. “Beverages in convenient take-home packages like aluminum cans are particularly popular right now, and beverage company employees are doing all they can to make sure store shelves remain fully stocked," William Dermody Jr., the ABA's vice president for media and public affairs, said in an email. Ball spokesperson Renee Robinson said the company experienced increasing demand for aluminum cans before COVID-19 from a surge of interest in hard seltzer and sparkling water. Beer maker Molson Coors did this in May amid what it called an "unprecedented shortage of 12-ounce recyclable aluminum cans.". It may be too late to save some products. Brewers increasingly turned to the vessel during the past 10 years. Updated 4:31 PM ET, Wed July 22, 2020 San Francisco (CNN Business) A shortage of one of the most mundane items in daily life -- the humble aluminum can -- … Much like manufacturers weren't prepared for a sudden rush of Americans buying toilet paper in the early days of the pandemic, canmakers and beverage companies weren't ready for drink consumption to go from the tap to the home. "The can industry is working 24/7 on meeting the unprecedented demand," said Robert Budway, president of the Can Manufacturers Institute, the industry's trade association. Shortages in the aluminum can supply chain are making news across the country. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Published: Sep. 16, 2020 at 2:01 PM PDT. Posted at 14:06h in Blog by Arizona Iron Supply | Arizona Iron Supply Inc. The pandemic has caused an aluminum can shortage due to bar closures and an increase in consumers buying cans of beer to drink at home. "Prior to COVID, 2020 was already poised for notable aluminum can growth across a variety of categories," said Ball spokesperson Scott McCarty. All rights reserved. Kohl's needs to reinvent itself. All rights reserved. It's also vulnerable to crime, police say, All retail bankruptcies are not the same. In some cases, beverage makers suspended output of products that sell in low volumes, so they can focus on their bestsellers. "From what we can piece together, everyone is now having issues meeting demand, and there is fear of lost business to wine and spirits," analysts Robert Ottenstein and Eric Serotta wrote. Are Aldi and Amazon the key? , The "unprecedented demand" for cans has prompted US manufacturers to take the unusual step of importing billions of empty cans from overseas, according to the Can Manufacturers Institute. As beer and soda consumption shifts from restaurants to homes during the COVID-19 pandemic, beverage companies and canmakers are having a hard time keeping up. A nationwide shortage of aluminum cans has sent breweries into a frenzy. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Video Spotlight: Low Coca-Cola supply blamed on aluminum can shortage (July 23, 2020, 11Alive) This post is based on the Syracuse article, The national beer and soda can shortage: How is it affecting supplies in Central New York? By Angela Gervasi / July 17, 2020 12:08 pm EST. The supply of aluminum cans has begun to stabilize after a shortage led to production constraints across the beverage industry in recent months. A pandemic-induced aluminum can shortage has put breweries in a tough spot financially, restricting canned beer sales when industry workers need them most. October 13, 2020 October 13, 2020 If you haven’t seen your favorite brand of Pepsi, Coke, or beer products in cans on grocery store shelves lately, you’re not alone. To be sure, not everyone says they've been hurt by the shortages in cans. Why have beer cans become the new toilet paper? Beer sold in cans accounted for 50% of all beer sold in 2010 and 60% in 2019, a 20% increase, according to the National Beer Wholesalers Association, a trade association for US beer distributors. Updated 2031 GMT (0431 HKT) July 22, 2020. Here's what you need to know. Or, better yet, a cold can of soda. "Aluminum cans are in very tight supply with so many people buying more multi-pack products to consume at home," Coca-Cola spokesperson Ann Moore said Wednesday in an email. In fact, things have gotten so bad that Coca-Cola has been forced to publicly address the situation… How this Austin brewery is getting creative with its space during the pandemic, This gym is actually opening studios during the pandemic, How holiday spirit is surging despite the Covid-19 pandemic, Macy's unveils holiday window display with gratitude theme, It's official: Black Friday is irrelevant, Party City CEO: Consumers still want to celebrate together, Justin Bieber's footwear collaboration overwhelms site, How masks are reshaping the face of the retail economy, Dollar General's business is booming. In the short term, the company is working with its foreign plants to distribute cans to the North American market. In particular, the turnaround time for shrink-sleeve cans, in which plastic labels are shrink-wrapped onto containers, has grown to 4 to 5 weeks from 4 to 5 days and the printed cans have doubled in price, said Chad Heath, vice president of sales and marketing for Karl Strauss Brewing, the 31-year-old San Diego brewery known for beers such as Red Trolley Ale and Boat Shoes Hazy IPA. Can makers are trying to increase production but it hasn’t moved quickly. Beer-makers such as D.G. All times are ET. which is ass. The U.S. has been facing an aluminum can shortage caused by the pandemic for months, and local breweries are still being impacted. Produce the cans that 's lacking according to CNN, the company is working with its foreign plants to cans. Oskar Blues and Artisanal Brewing Ventures say their supplies have not been interrupted of aluminum! Rights Reserved also vulnerable to crime, police say, All retail bankruptcies are not the same at home bottles! 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