Flying Point Brewery brews upwards of 150 barrels a day, or about 2,000 cases. Baker Machado heads to the New Jersey brewery for a guided tour from founder Gene Muller. He walks us through the facility's high-tech equipment, and takes us through a beer's journey from the brewing vat to the bottle.
Flying Fish prides itself on its sustainability. Muller breaks down the tech the brewery uses to keep its environmental footprint to a minimum. This year alone, Muller says his company will recycle more than 750 tons of used brewer's grain to be used as cattle feed. Flying Fish also generates reusable hot water by condensing the steam from its brew kettle.
Muller also discusses the company's history. It started as the world's first virtual microbrewery in 1995. He opened the original brewery in 1996 before moving to the much-larger current location in 2012. Finally, Baker and Muller share a toast with a minutes-old bottle of freshly-brewed beer.
Cheddar News takes a look at The Day Ahead as the Federal Reserve's two-day meeting kicks off on Tuesday while earnings season continues with some big-name companies such as Ford, Pfizer, Starbucks and Uber on tap to report quarterly results. The JOLTS report is also due to be released ahead of April job numbers.
Dan Geltrude, managing partner of Geltrude & Co., joined Cheddar News to discuss why it's vital for a college student to begin budget preparations early for college tuition. "It's developing good financial habits," he said. "I'm a strong proponent that in high school, there should be some teaching, some course ... about personal finance."
Brian Vendig, president of MJP Wealth Advisors, joined Cheddar News to discuss the market ahead of the Federal Reserve's meeting on Wednesday and as investors digest JPMorgan's takeover of First Republic Bank, which was recently seized by regulators. A slew of earnings are also slated to be released this week as well.
