Joseph E. Seagram & Sons Inc. announced...

Joseph E. Seagram & Sons Inc. announced plans to drop 25 non-premium liquor brands it markets in the United States, close its Dundalk, Md., plant and eliminate 240 mostly administrative jobs. The company, the U.S. subsidiary of Canada’s Seagram Co., said it was divesting the 25 brands so it could concentrate its production and marketing resources on its more profitable, nationally distributed premium brands.