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CBS News Reports: "It's an entirely new type of weapon." Mr. Alvarez has extensive experience in all facets of business, including a strong background in operations and sales. Carlos has made over 21 trades of the Cullen Frost Bankers stock since 2005, according to the Form 4 filled with the SEC. The largest trade he's ever made was buying 100,000 units of Cullen Frost Bankers stock on 19 November 2008 worth over $4,962,000. Alvarez, you and your wife have made contributions that are going to have lasting impressions, said Dunn, who is also a beneficiary of the Alvarez familys support. On average, Carlos trades about 14,600 units every 144 days since 2003. Barton Brands Ltd. of Chicago controlled the rest of the country. An immigrant from Acapulco, Mexico, Alvarez came to the U.S. and turned a family interest into a Texas enterprise. It is now America's top imported beer, after surpassing Heineken in 1997. The wear and tear is real. The Gambrinus Company 14800 San Pedro Avenue San Antonio, Texas 78232-3733 U.S.A. Telephone: (210) 490-9128 Fax: (210) 490-9984 Private Company Incorporated: 1986 Employees: 300 Sales: $425 million (1999 est.) Its why San Antonio is seen as the most Mexican of U.S. cities and the Mexican American cultural capital of the U.S. Its the city Alvarez chose to make his entrepreneurial mark. He may not be done giving either. VP. Carlos Alvarez, CEO of Gambrinus Co., and his wife Man will be honored for their philanthropy at the 2021 Rose Window Gala on Tuesday at the grounds of Mission San Jos. There was not much interest, Alvarez recalled in a Wednesday conversation. The beer was so popular that in many instances it had to be rationed to bars, restaurants, and stores. 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. First imported to the United States in 1981, Corona caught on mostly with a younger demographic and soon enjoyed explosive growth. "Oh, I love beer," said Carlos Alvarez, owner of the Gambrinus Company, which runs Spoetzl Brewery. (March 23, 2015) -- The University of Texas at San Antonio (UTSA) dedicated Carlos and Mal Alvarez Residence Hall at a ceremony on Friday, March 20. Gambrinus, as it had done with Spoetzl, instituted a number of immediate changes. Get notified the next time Carlos Alvarez buys or sells Cullen/Frost Bankers stock. 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.. Last updated: 29 April 2022 at 3:07pm EST. Carlos Alvarez is the Chairman & Chief Executive Officer at The Gambrinus Company based in San Antonio, Texas. He convinced Modelo to sell its Corona Extra beer outside of Mexico. SAN ANTONIO Shiner beer is a staple in the Lone Star State, and every drop is brewed out of the Spoetzl Brewery in Shiner, Texas. The brewery is 100% family-owned and is a certified craft brewery by the Brewers Association. Alvarez says hes staying on the job and vows to keep his business private, growing and relevant. Since then, the brewery has grown to be one of the leading independent brewers in the country. But things are changing in this country and I worry about the little brewery. Alvarez began negotiations to buy the brewery from the Great Texas Brewing Company, created by a group of Houston investors who had purchased Spoetzl in 1984 and were now looking to sell. Within a few years, Alvarez had bought the Spoetzl Brewery in Shiner, about 90 miles east of San Antonio, and set about modernizing its antiquated production facility and creating an ambitious marketing plan. Most recently he sold 40,000 units of CFR stock worth $4,292,400 on 25 February 2021. Beer magnate Carlos Alvarez is giving $20 million to the University of Texas at San Antonio, its largest-ever gift from a living donor. He jokes that if he was ever Mex-Tex, hes now definitely more Tex-Mex.. Its hard to imagine, as well, the beer market in Texas and the United States without Corona beer in its signature tallneck bottle with the familiar painted label. Proceeds will fund the restoration, preservation and maintenance of the four missions on the citys South Side. We do not sell or share your information with anyone. With its Pete's Wicked Ale and savvy advertising strategy, the company was an early success story in the rising microbrewery business. Pete's lost $6 million in 1997 and its stock plummeted. . Founded by Carlos Alvarez in 1986, The Gambrinus Company began as a small beer importer serving the Southwest region of the United States. Hes widely credited with creating the explosive U.S. market for Corona and now for his stewardship of an iconic Texas brand, Spoetzl Brewery in Shiner, maker of Shiner beers. When in late 1990 and early 1991, a federal excise tax was increased, Gambrinus recognized a chance to make a price adjustment. Carlos Alvarez is 69, he's been the Independent Director of Cullen Frost Bankers since 2001. They purchased a total of 5,000 shares worth more than $657,750.00. "It is not too difficult to be able to see how philanthropic the U.S. is," Alvarez said. Gambrinus also invested millions to upgrade the facilities. He likes beers of all styles, from stouts to Indian pale ales. Founded in 1868, Frost has helped clients with their financial needs during three centuries. They sold a total of 37,789 shares worth more than $4,975,986.98. See what companies are owned by people named Carlos Alvarez. Although a strong second to microbrewer Boston Beer, makers of the Sam Adams line of beers, Pete's struggled in an environment in which the craft segment of the beer industry suffered a sharp drop in growth. Selling in a 75-mile range of Shiner, Spoetzl was starting to succeed with his beer when Prohibition went into effect. Although Alvarez had no intention of tampering with the brewing process, he made other changes as soon as Gambrinus took over the Spoetzl Brewery. 1995Gambrinus acquires BridgePort Brewing Company in Portland, Oregon. Every drop of Shiner is proudly brewed in Shiner. 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. Senior Administrative Coordinator for Academic Affairs . Eventually Alvarez would have to pay $3.5 million for an operation that, based on its annual revenues, was worth around $1 million. Strong sales, business development and operations skills in Telecommunication Networks, OSS/BSS, Digital Marketing, Managed Services and Software Platforms. Corona eclipsed Canada's Molson as America's number two imported beer and appeared poised to pass the Netherlands' Heineken, which according to the beverage industry publication Impact had been the top selling import since the repeal of Prohibition in 1933. Learn More on Carlos Alvarez's trading history. The corporate mailing address for Alvarez and other Cullen/Frost Bankers executives is 111 W HOUSTON ST, SAN ANTONIO TX, 78205. One thing he told me in front of Gov. It's hard to imagine Gambrinus Company founder and Shiner Beers owner Carlos Alvarez and his wife Mal, the philanthropists behind the Impetus Foundation, struggling to build a beer business after moving here from Mexico in the 1980s. Id sit at a bar, eating chips and salsa, trying to get the bartenders attention before closing time. Seated left to right: Natalia Spitha '16, Mal Alvarez, Carlos Alvarez, President Carol Quillen, and Fridah Rotich '19. . The Gambrinus Company was founded in 1986 by Carlos Alvarez and is headquartered in San Antonio. We encourage an environment of dialogue and discovery, where integrity, excellence, inclusiveness, respect, collaboration and innovation are fostered. She sent him to Michigan as an exchange student for five months. In recognition of the contribution, the school will name. The couple has contributed $100,000 to the event. I still remember Tom tall, lanky, waving his arms like bird wings telling me, Carlos, San Antonio is a big city, but it doesnt know how to act like a big city. But with the companys success, Alvarez gives back. Luis Alvarez is a Director, Operations at The Gambrinus Company based in San Antonio, Texas. The company's principal address is . 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. Pete's Brewing Company. Hispanic Heritage Month: How are we doing hiring Hispanic head coaches. 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). This workshop will explain what a citation manager is and how it can help you organize your citations, insert citations as you write your paper, and generate your bibliography. Editors note: Readers interested in learning more about the history of the Spoetzl Brewery and Shiner Beer will enjoy this 1976 short documentary film, The Last of the Little Breweries: Shiner. The hall features an open lobby, administrative offices, meeting spaces and live-in professional staff. 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.) Modern Brewery Age recently spoke with Carlos Alvarez, president of The Gambrinus Co., and Ron Christesson, Gambrinus marketing director, during the company's annual sales meeting in Cancun, Mexico. Alvarez fell in love with them when he began visiting the city in 1968 for HemisFair, long before the 18th-century structures became part of a UNESCO World Heritage Site. [BREAKING] New "Living Missile" to Replace Nuclear Missiles. Alvarez worked for his father before taking a job with Modelo. Best known as the owner and brewer of Shiner Beers, Gambrinus also owns the BridgePort Brewery in Portland, Ore. and the Trumer Brewery in Berkeley, Calif. His successful beer company, The Gambrinus Co., has not only made him wealthy but a well-known beer magnate. Please note that you'll still be able to view the current page on frostbank.com. 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. Learn More D&B Reports Available for The Gambrinus Company. This net worth evaluation does not reflect any other assets that Alvarez may own. Alvarez said hes been an owner of Spoetzl brewing for a third of its existence, and hopes to continue bringing enjoyment to the world, one glass at a time. As a privately held company, Gambrinus was less susceptible to shareholder pressure and was thus able to follow a conservative and steady game plan that had served it well since its creation. CORVALLIS, Ore. - Oregon State University's fermentation science program has received a $1 million gift from Carlos Alvarez, the chairman and chief executive officer of The Gambrinus Company, a San Antonio-based beer company that owns BridgePort Brewing Company in Portland, Oregon; the Spoetzl Brewery in Shiner, Texas; and the Trumer Brewery in Cullen/Frost Bankers can also be reached via phone at (210) 220-4011 and via email at [emailprotected] Learn More on Carlos Alvarez's contact information. SALT LAKE CITY (KUTV) During a KUTV investigation into COVID-19 vaccine side effects and where to report them, we found four reported deaths, filed by Utah families and their caregivers to the . As part of his pitch, Alvarez says Las Misiones, an Archdiocese of San Antonio nonprofit, raises funds for their upkeep. He is committed to education and has served on the board of trustees of Davidson College (Davidson, North Carolina), School Year Abroad (North Andover, Massachusetts) and Saint Marys Hall (San Antonio, Texas) and is a member of the Chancellors Circle for The University of Texas system. The company has 4 contacts on record. In the last twelve months, Cullen/Frost Bankers insiders bought shares 1 times. Experienced Business Head with a demonstrated history of working in the telecommunications industry. BridgePort was established in Portland, Oregon, in 1984 as the Columbia River Brewery by wine-makers Dick and Nancy Ponzi. Despite industry insiders who discounted the possibility of reversing the trend of declining sales with Moosehead, Gambrinus looked to apply some of the lessons it had learned with Corona beer. The Gambrinus Company is a family-owned company located in San Antonio, Texas. "Crossing the bridge of Juarez into El Paso really never felt as as great," Alvarez said of when he became a citizen. These moments in time and history for institutions like UTSA are rare, Eighmy said. More by Robert Rivard. Its products have won several awards, including several Australian International Beer Awards, medals from the Great American Beer Festival, World Beer Cup awards and Brewing Industry International Awards. When regular beer production resumed in 1933, Spoetzl became prosperous enough to replace the original wood and tin building with a stone structure. The Circus Group Corporation. Although the rumors were dispelled, Corona sales plummeted in 1989. The estimated net worth of Carlos Alvarez is at least $44.42 million as of February 22nd, 2021. He and his wife, Man, most recently gave the University of Texas at San Antonio $20 million, the largest-ever gift from a living donor. His host family enrolled him in a school, where he took a bit of this and a bit of that. He was put in a Spanish class not as a student but to speak the language to other students. When he enjoys a beverage, his trained palate responds. The 1976 documentary The Last of the Little Breweries shares the companys struggle in competing against larger beer companies. Gambrinus has an overall rating of 3.3 out of 5, based on over 17 reviews left anonymously by employees. By Jesus Chavez Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, Calif. (Trumer Brewery). The most recent insider tranaction occured on February, 14th when insider Paul Bracher sold 5,848 shares worth more than $765,912.56. Local legend maintained that Spoetzl would occasionally forget to boil off the alcohol in select batches. The squat brown bottles gave way to the signature clear bottles with the painted labels. Learn More on Cullen/Frost Bankers' active insiders. The Frost Wealth Advisors segment includes fee-based services within private trust, retirement services, and financial management services. Read More . "I think that I've done my share on the beer side to keep Shiner healthy," Alvarez said. 11 Ratings. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, TX (The Spoetzl Brewery); Portland, OR (BridgePort Brewing Company); and Berkeley, CA (Trumer Brauerei). People Also Search For: Frost provides a wide range of banking, investments and insurance services to businesses and individuals across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley and San Antonio regions. I was an orphan with no line of credit and a leased office, and thats when I met Tom Frost, Alvarez recalled. As Gambrinus worked to grow Pete's and its other specialty breweries and to revitalize Moosehead sales, its future continued to be very much tied to the success of Corona. Building on its U.S. success, Corona was now sold in more than 140 countries and had become the top-selling Mexican beer in the world and the fifth largest overall. The Gambrinus Company Company Name The Gambrinus Company Main Industry Grocery Retail, Retail Website www.gambrinus.com Contact Information Headquarters 14800 San Pedro Fl 3, San Antonio, Texas, 78232, United States (210) 490-9128 The Gambrinus Company Profile and History San Antonio is the U.S. metropolitan area closest to Mexico City, a grounded connection that stretches back to New Spain and Mexico. Privacy Policy. Alvarez will receive a Doctor of Letters, honoris causa, for his accomplishments in business and contributions to higher education. 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. Canada's Moosehead beer became the company's first nationally distributed import. Gambrinus also owns Trumer Brauerei in Berkeley, California. The K. Spoetzl Brewery story is one of immigrants, starting with the Czech and German immigrants who established the Shiner Brewing Association. One of the partners, who was devoted to the brewery almost to the point of obsession, however, refused to sell and went to court to block the Gambrinus deal. 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. The founder and owner of The Gambrinus Company, Carlos Alvarez, grew up in Acapulco, Mexico. Mr. Alvarez has made significant contributions to these and other educational institutions endowment programs, particularly those that drive greater international engagement. Money needs to be raised for their preservation and maintenance.. Dolph Briscoe, to Sam Barshop, and to other community leaders, Alvarez said. The company owns America's number two craft brewer, Pete's Brewing Company, maker of Pete's Wicked Ale. The ascendance of Corona in the '80s is a story that is well . There are 2 older and 23 younger executives at Cullen Frost Bankers. Mr. Gambrinus expanded beyond the distribution side of the business in 1989 when it began to purchase small specialty breweries. The Gambrinus Company is a family-owned company located in San Antonio, Texas. Learn More about Carlos Alvarez's net worth. In 1914 the Association brought in Kosmos Spoetzl, a Bavarian brewmaster with his own family recipe, and leased the facilities to him. Spoetzl was now the largest specialty brewery in the Southwest and the seventh largest in the country. 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. Gambrinus Co. is a brewing. Barton did not follow suit, but later in the year it decided to absorb a California statewide tax hike. In Austin, he persuaded Modelo to put the beverage in its now well-known clear long necks with the painted label. These facilities were further enhanced by the donation by Doug and Juli Muhleman of four small-scale brewhouses and by Carlos Alvarez (Gambrinus) of an extensive range of new brewing and packaging equipment, including state-of-the-art small scale fermenters and small-scale malting equipment. His family-owned company became the U.S. importer for the Grupo Modelo beer brands and for the next 20 years was responsible for selling and marketing one of the most successful brands in contemporary beer historyCorona Extra. BridgePort was the oldest operating microbrewery in Oregon, an area which had become a hotbed for craft brewing. The importers stayed the course with the beer's 'vacation in a bottle' message and simply waited for the fad drinkers to leave the market and allow the brand to build on it base of loyal customers in a sensible manner. The new package was intended to fill a gap, providing customers with Corona in places that prohibited bottles, such as airplanes, stadiums, and golf courses. There was an error and we couldn't process your subscription. Its products have won several awards, including several Australian International Beer Awards, medals from the Great American Beer Festival, World Beer Cup awards and Brewing Industry International Awards. 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. The Registered Agent on file for this company is CT Corporation System and is located at 1627 Quarrier St, Charleston, WV 25311-2124. Sales dropped in markets as the rumor spread. Strong storms ahead of cold front to bring severe weather risk, Viral TikTok video shows loose part on S.A. rodeo Ferris wheel, Jacob's Well in Hill Country closed 'for foreseeable future', Texas Vista Medical Center to close after 40 years, Dogs in fatal mauling linked to previous S.A. attacks, Buc-ees planning new travel centers in Wisconsin, Florida, Former S.A. developer avoids prison in fraud case, CPS Energy sells circular Villita Assembly Building. In the last twelve months, insiders at the bank sold shares 4 times. Gambrinus is also the fifth top-selling craft brewing company in the country. 65% of employees would recommend working at Gambrinus to a friend and 58% have a positive outlook for the business. Trumer Pils' quality has been recognized and awarded thirteen Gold Medal wins at the most prestigious international beer competitions and has made Trumer the most awarded craft pilsner in the world. The University of Texas at San Antonio, a Hispanic Serving Institution situated in a global city that has been a crossroads of peoples and cultures for centuries, values diversity and inclusion in all aspects of university life. less. Te invitamos a la charla con Carlos lvarez, CEO de The Gambrinus Company y Jos Antonio Fernndez. Enter your email address below to get our daily insider buying and selling report. He went to work for the Modelo brewery, located in Mexico City, starting out in the sales department. Alvarez, the CEO and chairman of the Gambrinus Company - which owns BridgePort Brewing, Spoetzl Brewery, Trumer Brewery, and Tappeto Volante - has gifted the school with $1 million to build. Public Affairs Specialist. 2020 Cullen/Frost Bankers, Inc. All rights reserved. But long before Corona became a market leader, Alvarez was an unknown beer importer freshly arrived in Texas from Mexico, working with two other young partners in Austin, selling Shiner Bock, a limited production Texas cult favorite, and trying to interest bartenders in an unfamiliar Mexican beer. The brewery is owned by the Gambrinus Company, based in San Antonio, and with each glass of Shiner beer comes a taste of history and pride. Industry Alcoholic Beverage Wholesale Revenue $170.0M Employees 446 Founded in - Headquarters San Antonio, TX Website private3.gambrinusco.com The gift from Alvarez will build on previous investments and secure UC Davis' position as a leader in brewing education. We sold 600 cases, 20 bottles in each case, our first year in Austin. Between 2002 and 2014, the Alvarez Family donated more than $4.3 million in gifts to UTSA through personal donations and support from their foundations. Alvarez, living in San Antonio, needed help in Texas and in Mexico if he was going to ever become more than a bit player in the beer business. Learn More about Carlos Alvarez's net worth. But before Alvarez took over the brewery the largest manufacturer of craft beer in Texas he was born in Acapulco, Mexico, and grew up around the beer business. Spoetzl was hardly aggressive in marketing Shiner beer, mostly driving around in his truck, accompanied by his dog, giving away samples to farmers as they worked, or at community gathering places. They hired Karl Ockert, a University of California, Davis Brewing graduate, to build and run the brewery. It added new fermentation tanks, created the brewery's first testing laboratory for quality control, and built a new warehouse. Carlos Alvarez, founder and owner of The Gambrinus Company at BridgePort Brewing University of California, Davis - June 15, 2015 - 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. "I think that that thirst is much more identifiable when you are coming from there," Alvarez said. Join UTSA Libraries for a one-hour workshop giving a broad overview of the current landscape of scholarly publishing and library services and memberships to help support UTSA authors. UTSA is a proud Hispanic Serving Institution (HSI) as designated by the U.S. Department of Education. Moosehead beer became the Company 's first nationally distributed import in 1981 Corona... Bars, restaurants, and stores 111 W HOUSTON ST, Charleston, WV 25311-2124 with... Much interest, Alvarez says Las Misiones, an area which had become hotbed. 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