Molson Coors

Molson Coors Brewing Company

Type	Public (NYSE: TAP, TSX: TAP)
Founded	Molson (1786), Coors (1873), merged (2005)
Headquarters	Montreal, QC, Canada Denver, CO, USA
Key people	Eric Molson, Chairman Leo Kiely, President
Industry	Beverages
Products	Beers, lagers, malt beverages, energy drinks
Market cap	6.4 billion USD[1]
Employees	9,700[1]
Subsidiaries	Molson, Coors
Website	www.molsoncoors.com

Molson Coors Brewing Company (TSX: TAP; NYSE: TAP) is a company that was created by the merger of two of North America's largest breweries: Molson of Canada, and Coors of the United States, on February 9, 2005. The Canadian subsidiary of Molson Coors Brewing Company is a part-owner of Brewers Retail Inc., operator of Ontario's The Beer Store retail chain.

According to the Molson Coors website, Molson Coors Brewing Company is the fifth-largest brewer by volume with 42.1 million U.S. beer barrels (30.2 million U.K. barrels; 49.4 million hL) sold in 2006.^[2]

On October 9, 2007, SABMiller and Molson Coors Brewing Company announced a joint venture to be known as MillerCoors for their U.S. operations that will market all of their products.^[3]

Corporate governance

The 2005 members of the board of directors of the company are: Francesco Bellini, John Cleghorn, Peter Coors, Melissa Coors, Charles Herington, Franklin Hobbs, Leo Kiely, Gary S. Matthews, Andrew Molson, Eric Molson, David O'Brien, Pamela Patsley, and Sanford Riley.

Environmental Record

The Molson Coors Brewing Company conducted a complete, comprehensive, and voluntary investigation of its pollution and environmental emissions. Coors was not violating the Clean Air Act but was encouraged by the Environmental Audit Privilege and Voluntary Disclosure Act which immunizes and credits organizations for conducting self-environmental audits. These audits catch what the government does not and grant immunity from environmental regulation fines.^[4] The United States government had thought that Coors was a minor violator of emitters like volatile organic compounds (VOCs), but the investigating proved otherwise. It revealed Coors to be 17 times over the estimated value of emissions. Molson Coors then provided the audit results to the Colorado Department of Health which culminated in a $1.05 million fine for the 189 violations of state pollution laws--of which Coors and the United States government had no idea.^[5] Although Molson Coors said they did not know about volatile organic compounds they were emitting, they do claim to be environmentally aware. Coors invented a new printing technology technique which uses ultra-violet light to cure the print. This innovation is more environmentally sound than the traditional gas firing technique. ^[6]

Brands

• Coors, "The Banquet Beer"
• Coors Light
• Blue Moon
• Killian's Irish Red
• Keystone (limited markets)
• Keystone Premium (limited markets)
• Keystone Light
• Keystone Ice
• Carling
• Carling C2
• Molson Canadian
• Molson Export
• Molson Golden
• Molson Ice
• Molson Dry
• Rickard's
• Creemore Springs

References

External links

• Molson's Canada
• Coors Brewing Company (USA)
• Coors Brewers Limited (UK)
• Molson-Coors Web Page
• Official Coors Light Website

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