Founded by Carlos Alvarez in 1986, The Gambrinus Company began as a small beer importer serving the Southwest region of the United States. Sales declined in late 1997 and early 1998, forcing Pete's to look for a buyer. Work Biography for Carlos Alvarez, The Gambrinus Company. 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 Eventually, it would prove to be the start of a revolution, but back then, Americans considered it a fake beer. A year later 13 million cases of Corona were sold in the United States. In 1997 Corona passed Heineken to become the largest-selling imported beer in the United States. The estimated net worth of Carlos Alvarez is at least $44.42 million as of February 22nd, 2021. He convinced Modelo to sell its Corona Extra beer outside of Mexico. NAIC: 42281 Beer and Ale Wholesalers; 31212 Breweries 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. Mr. Alvarez has extensive experience in all facets of business, including a strong background in operations and sales. 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.. Mr. Alvarez was born in Mexico City and raised in Acapulco, Mexico where his father established a Corona beer distributorship in the mid-1940's. Alvarez learned the beer business from the ground up. 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. Mr. Alvarez has made significant contributions to these and other educational institutions endowment programs, particularly those that drive greater international engagement. The Gambrinus Company Overview. Shiner had something of a cult following among the city's young adults and was making inroads in Houston and Dallas. As the Independent Director of Cullen Frost Bankers, the total compensation of Carlos Alvarez at Cullen Frost Bankers is $124,977. Learn More on Carlos Alvarez's trading history. 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). It is now America's top imported beer, after surpassing Heineken in 1997. Lacking market data, Gambrinus and Barton did not really know who was buying Corona and why. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, Calif. (Trumer Brewery). For a full list of business members, clickhere. Briscoe is that we had to help build UTSA into a great university. 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.) Carlos Alvarez, CEO of The Gambrinus Company, a leading craft brewer in the United States, will be visiting the Yale School of Management on Tuesday, October 29. On average, Cullen Frost Bankers executives and independent directors trade stock every 20 days with the average trade being worth of $2,016,280. In Austin, he persuaded Modelo to put the beverage in its now well-known clear long necks with the painted label. It also has made him a major philanthropist. The Gambrinus Company was founded in 1986 by Carlos Alvarez and is headquartered in San Antonio. He jokes that if he was ever Mex-Tex, hes now definitely more Tex-Mex.. 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. I have a great love for the missions, he said. The company's principal address is . They are part of the Executive team within the C-Suite Department and their management level is C-Level. Gamechanger Brewing Company, Pittsburgh, Pa., produces a 6-pack of Ohio State Cans. Pitzer College. Faced with a dizzying array of specialty beers in the cooler that included seasonal and commemorative brews in addition to year-round offerings, many consumers opted for old standbys like Corona. 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. 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. 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. Although Alvarez had no intention of tampering with the brewing process, he made other changes as soon as Gambrinus took over the Spoetzl Brewery. Gambrinus is a leading U.S. craft brewer and marketer with breweries in Shiner, Texas (The Spoetzl Brewery) and Berkeley, California (Trumer Brewery). With her father's death in 1950, Spoetzl's daughter Cecelie ran the brewery until 1966 when the business passed out of family hands and a succession of owners then struggled to keep the operation profitable. 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. The Gambrinus Company is a medium hospitality company with 446 employees and an annual revenue of $170.0M that is headquartered in San Antonio, TX. San Antonio is the U.S. metropolitan area closest to Mexico City, a grounded connection that stretches back to New Spain and Mexico. "Crossing the bridge of Juarez into El Paso really never felt as as great," Alvarez said of when he became a citizen. Gambrinus added to its brewery businesses in 1998, purchasing Pete's Brewing Company for $69 million. The founder and CEO of Gambrinus, 46-year-old Carlos Alvarez, grew up in Acapulco, started in the sales department of Mexico City's Modelo brewery, which makes Corona, and worked his way up to . He is committed to education and has served on the board of trustees of Davidson College, School Year Abroad and Saint Marys Hall (San Antonio) and is a member of the Chancellors Circle for the University of Texas system. The Last of the Little Breweries: Shiner. He and his family are originally from Mexico, and he founded the company in San Antonio, Texas, in 1986. "Oh, I love beer," said Carlos Alvarez, owner of the . He used a family recipe he perfected that is still used today, and only in Shiner. Sales dropped in markets as the rumor spread. He also serves as a trustee and board member for a number of organizations, but there is one accomplishment he feels most proud. Alvarez, a native of Mexico, arrived in the U.S. in 1986 to become the founder, president and chief executive officer of The Gambrinus Company. Industry Alcoholic Beverage Wholesale Revenue $170.0M Employees 446 Founded in - Headquarters San Antonio, TX Website private3.gambrinusco.com By the late-1970s he had risen to become the company's export director. Learn More on Cullen/Frost Bankers' active insiders. 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. Gambrinus West Coast brewery produces Trumer Pils. The company made an initial public offering of stock in 1995, debuting at $18 a share and reaching a high of $26.50. 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. In the end, they chose to sell the business to Gambrinus. 1995Gambrinus acquires BridgePort Brewing Company in Portland, Oregon. He has an exceptional understanding of the role marketing strategy and branding plays in the success of a company. Phone . The Carlos and Mal Alvarez Residence Hall, formerly San Saba Hall, was completed in 2013 and houses 618 students in a suite-style layout. To make matters worse, Corona became the subject of unfounded rumors. "While everyone is there out there at the beach, at the by the pool, that was torture," Alvarez says with a laugh. Wicked Ware, Inc. Carlos L. Alvarez: Miami, FL Hialeah, FL Miami Beach Unisex Beauty School, Inc. . The estimated Net Worth of Carlos Alvarez is at least $55.4 Million dollars as of 25 February 2021. Canada's Moosehead beer became the company's first nationally distributed import. Tom Frost meant everything to me and that is why we have become big contributors to UTSA.. This chart shows Carlos Alvarez's buying and selling at Cullen/Frost Bankers by year and by quarter. St. Mary's University will award an honorary doctoral degree to Carlos Alvarez - founder, chairman and CEO of the Gambrinus Company - at the 163rd annual Spring Commencement Exercises on Saturday, May 9. Internet Privacy Disclosure | Terms of Use | Consumer Complaint Notice. 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. As part of his pitch, Alvarez says Las Misiones, an Archdiocese of San Antonio nonprofit, raises funds for their upkeep. As consumers, we often take for granted all the hard work that goes into building a great company. 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. "Real gratifying experience to see that this brewery that was going out of business has been able to not only survive, but to thrive," Alvarez said. Gambrinus has an overall rating of 3.3 out of 5, based on over 17 reviews left anonymously by employees. Gambrinus also sells and markets beers from the Trumer Brewery in Berkeley, California. Proceeds will fund the restoration, preservation and maintenance of the four missions on the citys South Side. Shiner is now the largest craft brewery in Texas, and has won a series of awards. There are no reviews yet for this company. At the Aug. 20 regular board meeting, Carlos Alvarez, owner of the Gambrinus Company, announced he would make the endowment for the Gambrinus Scholarship total $1 million. Carlos Alvarez NPR Board member Carlos Alvarez is CEO of The Gambrinus Company, a leading craft brewer in the United States that he founded in San Antonio, Texas in 1986, . 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. They surpassed privately funded BridgePort, which never devoted money to promotions or marketing. Like others, he got lost on his first visit, noting the lack of clear signs to find the way. 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. It all started in Texas, he said. 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. 11 Ratings. Before the call ends, he makes sure to reinforce whats important: the need to safeguard the extraordinary missions and keep the plaster from falling onto its pews. Carlos E. Alvarez. The Spoetzl Brewerynamed after its original brewmaster Kosmos Spoetzlwas founded in Shiner, Texas in 1909. 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. More than 100 friends of the Spoetzl Brewery gathered in San Antonio last month for the celebration of the "Shiner Decade." 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. BridgePort was the oldest operating microbrewery in Oregon, an area which had become a hotbed for craft brewing. Nonprofit journalism for an informed community. 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. 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. Its rattlesnake season in Texas. Copyright (c) 2022 Company-Histories.com. Mr. Alvarez has made significant contributions to these and other educational institutions endowment programs, particularly those that drive greater international engagement. Id sit at a bar, eating chips and salsa, trying to get the bartenders attention before closing time. These moments in time and history for institutions like UTSA are rare, Eighmy said. Most recently he sold 40,000 units of CFR stock worth $4,292,400 on 25 February 2021. Carlos Alvarez, CEO, The Gambrinus Company Carlos Alvarez is CEO of The Gambrinus Company, which he founded in 1986 in San Antonio, Texas. The corporate mailing address for Alvarez and other Cullen/Frost Bankers executives is 111 W HOUSTON ST, SAN ANTONIO TX, 78205. Texas ranch that's half the size of Rhode Island still S.A. developer buys hotel property near Market Square, UTSA, Four-year-old girl killed in mobile home fire near Lytle ID'd, Second person, Abilene Schnieder, arrested in fatal dog attack, Man hit, killed walking across West Side street identified, Man accused of sexual assault on woman who said she fled his home. It added new fermentation tanks, created the brewery's first testing laboratory for quality control, and built a new warehouse. Carlos Alvarez. The Gambrinus Company. It's easy to unsubscribe if we're not a good fit for you. The beer was so popular that in many instances it had to be rationed to bars, restaurants, and stores. Every drop of Shiner is proudly brewed in Shiner. Alvarez worked for his father before taking a job with Modelo. Pete's Brewing Company was founded in 1986 by a former engineer named Pete Slosberg and a group of investors. It became the world's first LEED Platinum brewery. 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. Other area microbreweries, however, expanded more rapidly through public offerings of their stock. Carlos and Mal Alvarezs Impetus Foundation underwrites the San Antonio Reports Shiner Internship program. I dont know why he did it, but he became my padrino, my godfather. 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. Alvarez wanted to position the product in the premium category, and although Shiner beer had a loyal following that might be disenfranchised, it was small, and Gambrinus stood to gain considerably by establishing the higher price with customers unfamiliar with the brand. 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