Molson Coors Closing Brewery in Canada
Molson Coors closing brewery in Canada
Workers part of a union went on strike last May, and the plant has ceased operations since.
Molson Coors expects that the closure will eliminate 136 jobs. Other facilities in Canada will pick up the extra work to avoid any disruption in supply.
Molson Coors will record a non-cash impairment charge of about $37 million before taxes associated with the change. The company says there also will be undetermined costs associated with terminating employees at the brewery.
The plant supplied beer for Molson Canada, and accounted for less than 10 percent of their total annual production.
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DJ Spiess
Beer buddy
I live in Denver, Colorado. This blog is everything about beer, wine, cider, mead and other spirits.
I am a avid homebrewer and winemaker. I’ve been making my own beer and wine for many years. I started making beer when I was in college (mostly because the drinking age in the United States is 21). My first few beers were horrible. The beers are much better now, and I often supply my neighborhood with free beer! It is a great hobby!