Molson Coors

Beer brewery company.

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Headquarters:
1225 17th Street
Denver, CO 80202
Employees: 11,000
CEO: Leo Kiely
Stock Symbol: TAP

Website: http://www.molsoncoors.com

Coors Career Site

Molson Career Site

Founded by pioneering families and tracing its roots back to 1786, Molson Coors is a leading brewer in Canada through Molson Canada and in the U.K. through Coors Brewers Ltd., and has a growth profile in the U.S. through Coors Brewing Company.

Molson Coors is the world's fifth-largest brewery. It was formed by the merger of Canadian-based Molson Inc. and Adolph Coors Co. in February, 2005.

Molson is the largest brewer in Canada. Coors is the third-largest brewer in the U.S.

The company has 10 breweries in three different countries, and a broad portfolio of over 40 brands, including Molson Canadian, Coors, Coors Light, Keystone Light and Carling.

The company had net sales of $6.19 billion in 2007, up 5.9 percent, and net income of $497.2 million. Total barrel volume in 2007 was 42 million.

History

Adolph Coors came to the U.S. from Germany and bought into a bottling business in 1872. He sold the business and built a brewery in Golden, CO in 1873. It was known as Golden Brewery. Coors found the cool, crisp water from the Rocky Mountains as an ideal source for making great beer. The brewery was shut down by Prohibition in 1916 but reopened in 1933 under Adolph's son, Adolph Jr. Coors was a regional brand serving Colorado and a few western states before expanding to the East Coast in the 1970s and all 50 states by 1991.

Molson was founded in 1786 by John Molson, who opened his first brewery on the banks of the St. Lawrence River in Montreal.

Benefits

Coors provides base pay and incentive pay. Benefits include:

- Multiple medical and dental choices
- Numerous life insurance coverage
- A vision plan
- A legal assistance plan
- Long-term care insurance
- A defined benefit pension plan
- A 401(k) with company match and immediate vesting
- Short-term and long-term disability coverage
- Employee and family counseling services

Updated February 13, 2008