The Gambrinus Company was founded in 1986 by Carlos Alvarez and is headquartered in San Antonio. Last updated: 29 April 2022 at 3:07pm EST. Under terms of the acquisition, Gambrinus paid $6.375 per share. Although Alvarez had no intention of tampering with the brewing process, he made other changes as soon as Gambrinus took over the Spoetzl Brewery. The little towns, the little farms and little business are dying. He reaches for Shiner Bock, he says. The founder and owner of The Gambrinus Company, Carlos Alvarez, grew up in Acapulco, Mexico. The distributor convinced Modelo, as well as wholesalers and retailers, to absorb the tax increase, which amounted roughly to 50 cents per six-pack. They get no federal funding though they sit on federal park land. Gambrinus is best known as the owner and brewer of Shiner Beers, which are brewed at the Spoetzl Brewery in Shiner, Texas. The Ponzis knew they either had to curtail expansion plans, step up their commitment, or sell out to a company with deeper pockets and better sales and marketing capabilities. Drinking Corona had become a fad, as a number of consumers simply tried the beer then returned to their usual domestic brand. Robert Rivard, co-founder of the San Antonio Report, is now a freelance journalist. Carlos Alvarez' is the founder of The Gambrinus Company, which became the U.S. importer for the Grupo Modelo beer brands. Learn More on Cullen/Frost Bankers' active insiders. In 1914 the Association brought in Kosmos Spoetzl, a Bavarian brewmaster with his own family recipe, and leased the facilities to him. It brought back Ockert, who had left BridgePort in 1990, to run the brewery; it invested $3.8 million in equipment, including a new bottling line and a quality control laboratory; it pulled BridgePort from weaker markets, then redesigned the packaging and paid to create a new proprietary bottle; and it instituted the first-ever advertising campaign for BridgePort beers. In the eastern distribution territories, the word was that Corona was heavy on calories, a charge that Gambrinus answered with full-page ads to set the record straight. But with the companys success, Alvarez gives back. Luis Alvarez is a Director, Operations at The Gambrinus Company based in San Antonio, Texas. The beer wasnt very good, so the Bavarian-born Kosmos Spoetzl bought the brewery and named it after himself. First imported to the United States in 1981, Corona caught on mostly with a younger demographic and soon enjoyed explosive growth. Carlos Alvarez is the Chairman & Chief Executive Officer at The Gambrinus Company based in San Antonio, Texas. Carlos Alvarez, founder and owner of The Gambrinus Company of San Antonio, Texas, announced a $1 million gift to the brewing science program at UC Davis The gift will fund new brewing and laboratory equipment at UC Davis to create the brewery of the future. He is the chairman and CEO of the Gambrinus Company, a . I have a great love for the missions, he said. 65% of employees would recommend working at Gambrinus to a friend and 58% have a positive outlook for the business. With the rising popularity of specialty beers, the three major industry giants--Anheuser-Busch, Miller, and Coors--looked to create their own internal specialty product lines or to simply buy up the microbreweries. Like others, he got lost on his first visit, noting the lack of clear signs to find the way. 1986 -Carlos Alvarez founds The Gambrinus Company and begins selling and marketing the Grupo Modelo brand portfolio - Corona Extra, Corona Light, Modelo Especial, Negra Modelo and Pacifico Clara - in the eastern half of the United States and Texas. They would come back from vacations in Cancn and Puerta Vallarta and tell people the real Corona was in a clear bottle with a painted label.. Insiders at Cullen/Frost Bankers own 3.8% of the company. "It is not too difficult to be able to see how philanthropic the U.S. is," Alvarez said. learn how over 7,000 companies got started! Whoops! Until repeal the brewery managed to survive by making ice and producing 'near beer,' which contained an allowable 0.5 percent of alcohol. Mr. Carlos Alvarez is chair of the board and chief executive officer of The Gambrinus Company which he founded in 1986 when he moved from his native Mexico with his family to San Antonio. 2004Gambrinus builds Trumer Brauerei Brewery Berkeley in Berkeley, California and begins brewing Trumer Pils. And one small company is building them for the Pentagon! St. James Press, 2001. Gambrinus is best known as the importer of Corona beer in the eastern United States. Because it was deliberate about expanding distribution in its eastern territory, Gambrinus had more of an upside than Barton in generating greater sales. Owned by Carlos Alvarez, Gambrinus Company of San Antonio, Spoetzl Brewery currently produces four standard styles of beer and two specialty seasonals, encompassed within the umbrella of the Shiner Beer name. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, Calif. (Trumer Brewery). 2020 Cullen/Frost Bankers, Inc. All rights reserved. Pete's lost $6 million in 1997 and its stock plummeted. The unusual collection of missions strung together in close proximity still impresses him. 2005Gambrinus partners with Birra Menabrea from Biella, Italy to brew Tappeto Volante, and Italian kraft beer. Founded in 1868, Frost has helped clients with their financial needs during three centuries. [My wife and I] are certainly going to go out there and tell a lot more people about [the] successes that the university is having, said Carlos Alvarez, who thanked UTSA for the honor of being only the second family for whom a building has been dedicated. Mr. Alvarez has extensive experience in all facets of business, including a strong background in operations and sales. The company made an initial public offering of stock in 1995, debuting at $18 a share and reaching a high of $26.50. less. BridgePort'un biralar 18 ABD eyaletinde datld. 1997Corona Extra becomes the #1 imported beer in the U.S. 1998Gambrinus acquires Petes Brewing Company, a leading craft brewery founded by Pete Slosberg. As consumers, we often take for granted all the hard work that goes into building a great company. It will benefit future generations of Latino students enrolled in UTSAs Alvarez College of Business who trace their own family roots to Mexico. Restaurant, sculpture and park memorial among projects OKd by city design panel, San Antonio City Council narrows District 7 applicants to one: Rosie Castro, South Side hospitals pending closure sends officials scrambling to fill gaps, Proudly powered by Newspack by Automattic. He is also Member of The University of Texas at Austin and Member-Chancellors Circle at The University of Texas System and on the board of 7 other companies. They surpassed privately funded BridgePort, which never devoted money to promotions or marketing. It was in 1986 that Alvarez left Modelo to distribute Corona on his own, creating The Gambrinus Company, named after the mythic Flemish king known for his love of beer. He is a board member of the World Affairs Council of America (Washington, DC) and the World Affairs Council of San Antonio, of which he previously served as chair. The contacts are Carlos Alvarez from San Antonio TX, James Bolz from San Antonio TX, John Horan from San Antonio TX, and Russell Cunnincham from San Antonio TX. In time, Modelo was sold to Belgian owners and Gambrinus lost its exclusive import rights to states west of the Mississippi. Principal Subsidiaries: Spoetzl Brewery; BridgePort Brewing Company; Pete's Brewing Company. Director, Operations at The Gambrinus Company . ), Engineering, and Leadership and Service. Then the bubble for the microbrewers burst. Click to email a link to a friend (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on Twitter (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window). Mr. Alvarez also serves on the Board of National Public Radio. Founder of The Gambrinus Co., Carlos E. Alvarez is Chief Executive Officer & Director at this company. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, California (Trumer Brewery). There used to be hundreds of little breweries," the narrator continues, and I wonder how long the Shiner brewery can survive against the big boys.. Is Gambrinus a good company to work for? Carlos Alvarez works as a Board Member at The Gambrinus Company, which is a Grocery Retail company with an estimated 218 employees; and founded in 1986. Open Educational Resources (OER) advance student success and save students time and money. It became the world's first LEED Platinum brewery. It is because of his business acumen, as well as his knowledge of the communities we serve, that our Board has concluded that Mr. Alvarez should continue serving on the Board. 1997Moosehead Breweries, Ltd. awards Gambrinus the exclusive import distribution rights for Moosehead Canadian Lager for the United States. His recipe for BridgePort Ale proved popular and fueled the brewery's growth. When he enjoys a beverage, his trained palate responds. But Alvarezs father planted the familys beer roots, distributing beer in Acapulco, even before the height of its tourism fever when a future U.S. president and his fashionable bride and U.S. movie stars and astronauts made it a popular destination. Tom Frost meant everything to me and that is why we have become big contributors to UTSA.. UTSA President Ricardo Romo and UTSA Student Government Association President Zack Dunn spoke about the impact that the Alvarez familys long-time and generous support has on UTSA scholarship and research. On March 24, 2021 Carlos Alvarez, the CEO of The Gambrinus Company, a leading craft brewer that he founded in San Antonio, . In the end, they chose to sell the business to Gambrinus. Alvarez says hes staying on the job and vows to keep his business private, growing and relevant. Cullen/Frost Bankers' insider roster includes Carlos Alvarez (Director), Chris Avery (Director), Bobby Berman (EVP), Samuel Dawson (Director), Patrick Frost (Insider), Phillip Green (CEO), William Perotti (EVP), Jerry Salinas (CFO), Carol Severyn (EVP), Jimmy Stead (EVP), and Candace Wolfshohl (EVP). The K. Spoetzl Brewery story is one of immigrants, starting with the Czech and German immigrants who established the Shiner Brewing Association. His Mexican heritage plays a role in his business. Residents have access to a conference room, computer lab, floor study lounges, laundry facilities and a community kitchen. To make matters worse, Corona became the subject of unfounded rumors. The gift from Alvarez will build on previous investments and secure UC Davis' position as a leader in brewing education. Beer magnate Carlos Alvarez is giving $20 million to the University of Texas at San Antonio, its largest-ever gift from a living donor. The Last of the Little Breweries: Shiner. Website: www.gambrinus.com Headquarters: San Antonio, TX Size: 201 to 500 Employees Founded: 1986 Type: Company - Private Industry: Food & Beverage Manufacturing Revenue: $100 to $500 million (USD) Competitors: Unknown Barton did not follow suit, but later in the year it decided to absorb a California statewide tax hike. Carlos Alvarez is chair of the board and chief executive officer of The Gambrinus Company which he founded in 1986 when he moved from his native Mexico with his family to San Antonio. 40. Heres what you need to know. More by Robert Rivard. Public Affairs Specialist. Market research indicated that consumers believed a Mexican beer should be priced cheaper than a beer imported from Europe. Copyright (c) 2022 Company-Histories.com. The problem in Barton's territory was more troubling and difficult to address: the story churning through the rumor mill was that either ABC's 20/20 or CBS's 60 Minutes reported that Corona beer was contaminated by urine. Phone: 210-222-8242 Fax: 210-222-8290 Rotary Club of San Antonio 110 Broadway, Suite 220 San Antonio, TX 78205 They are part of the Executive team within the C-Suite Department and their management level is C-Level. Internet Privacy Disclosure | Terms of Use | Consumer Complaint Notice. Learn More D&B Reports Available for The Gambrinus Company. Carlos Alvarez moved from mexico to san Antonio, texas with his wife malu and his two daughters to establish the Gambrinus Company which he founded in 1986. his company is one of the largest independent beer businesses in the u.s. Gambrinus owns and operates the spoetzl brewery in shiner, texas; bridgeport brewing Company in portland, oregon; the All rights reserved. She covers San Antonio and Bexar County with special focus on communities of color, demographic change, Latino politics, migration, education and arts and culture. Mr. Alvarez is also Member of The University of Texas at Austin and Member-Chancellors Circle at The University of Texas System and on the board of 6 other companies. It introduced a number of craft beers, which it began to bottle in 1989 and distribute to retail stores in Oregon and Washington. 1995Gambrinus acquires BridgePort Brewing Company in Portland, Oregon. Alvarez will receive a Doctor of Letters, honoris causa, for his accomplishments in business and contributions to higher education. The Gambrinus Company, headed by President Carlos Alvarez, is a privately held corporation located in San Antonio, Texas. The Gambrinus Company Address: 14800 San Pedro Avenue San Antonio, Texas 78232-3733 U.S.A. Telephone: (210) 490-9128 Fax: (210) 490-9984 Statistics: Private Company Incorporated: 1986 Employees: 300 Sales: $425 million (1999 est.) And he kept inviting me back, sharing his views about the community, mentoring me. Briscoe is that we had to help build UTSA into a great university. Spoetzl is the oldest independent brewery in the State of Texas that began its storied history by brewing beer with old-world traditions and recipes for the many German and Czech settlers in the state. Learn More on Carlos Alvarez's trading history. Following the completion of the sale, the director now directly owns 334,000 shares of the company's stock, valued at $35,083,360. The family business includes son-in-law John Brozovich, Gambrinus chief operating officer. In the last twelve months, Cullen/Frost Bankers insiders bought shares 1 times. Aided by an increased marketing budget, Corona was then able to renew its pattern of growth, which many in the beverage industry had thought to be highly unlikely. He serves on the national board of the World Affairs Councils of America and is a past president of the World Affairs Council of San Antonio. But before Alvarez took over the brewery - the largest manufacturer of craft beer in. Its rattlesnake season in Texas. Pete's Brewing Company. In addition to Corona, Gambrinus distributed several other Modelo beers and in 1989 entered the brewery business itself with the purchase of the Spoetzl Brewery, maker of Shiner Beer, located in the small town of Shiner, Texas. Email . Gambrinus expanded beyond the distribution side of the business in 1989 when it began to purchase small specialty breweries. Alvarez is Chairman and CEO of The Gambrinus Company, which he founded in 1986 when he moved from his native Mexico with . Shiner is now the largest craft brewery in Texas, and has won a series of awards. The estimated Net Worth of Carlos Alvarez is at least $55.4 Million dollars as of 25 February 2021. Enter your email address below to get our daily insider buying and selling report. 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And as expected, Portlanders were upset when the founders, sold to the Gambrinus Company a large beer distributor and brewer in San Antonio in 1995, whose founder, Carlos Alvarez's, original beer operation was in Acapulco, Mexico - creating all kinds of ominous predictions about the future of Bridgeport. Contact. The University of Texas at San Antonio is dedicated to the advancement of knowledge through research and discovery, teaching and learning, community engagement and public service. For UTSA President Taylor Eighmy, who secured a $15 million gift from Rackspace co-founder and downtown developer Graham Weston in 2018 for the School of Data Science on the Downtown Campus, the Alvarez gift accelerates the universitys ambitious campaign to raise $500 million in the coming years to fund UTSAs 10-year strategic plan. The most active insiders traders include Richard W Jr Evans, Jack A Wood, and Charles W Matthews. Our business is beer. 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