US Beer: Coors to sell plant near LA: Pubst Brewing considers acquisition

US Beer: Coors to sell plant near LA: Pubst Brewing considers acquisition

Los Angeles

January 14, 2020

US Beer: Coors

A well-established US beer maker famous for its Coors and Mirrors.

Molson Coors Beverage announced on January 6 that it will discontinue production at the Irwindale plant near LA in September 2020.

US competitor / Pubst Brewing is considering acquiring the plant for $ 150 million.

Molson Coors Beverage:

Currently, beer production is conducted at seven factories across the United States.

This time, let go of one of them.

Irwindale Plant:

It has 470 employees and produces approximately 4.8 million barrels of beer annually.

Production at this plant will be transferred mainly to the Texas plant.

Local coverage: reasons for closure

“The closure of Molson Coors’ California plant is due to sluggish beer demand.

Overseas beer makers: entering the US

Japan’s Asahi, Kirin, and Sapporo brand beers have become so popular that they can be easily purchased at US supermarkets.

In recent years, Suntory has launched premium beer for restaurants.

Hitachino Nest Beer,
Coedo beer (COEDO),
Koshihikari Echigo Beer
Japanese craft beer is also sold at some stores.

-JETRO

https://www.jetro.go.jp/biznews/2020/01/ebffdfaa332feadc.html