Coors May Sell Brewery

Mar 27, 2006 - Molson Coors is in talks to sell its Memphis brewery to Wisconsin-based City Brewery.

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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.