Coors May Sell Brewery

Molson Coors is in talks to sell its Memphis brewery to Wisconsin-based City Brewery.

Coors announced plans to close the site as part of a series of cost cuts after the merger with Molson.

City Brewery was reportedly doing due diligence on the Memphis plant including a labor agreement with local unions, before completing the acquisition.

City Brewery produces under license a variety of energy drinks, including the Hansen-owned Monster, as well as Diageo’s flagship RTD Smirnoff Ice.