MillerCoors picks Chicago as base
From Times Wire Services
MillerCoors executives say the headquarters for their new joint venture will be in Chicago.
The company chose not to settle in Milwaukee, where Miller Brewing Co. is based, or in Golden, Colo., the home of Molson Coors Brewing Co.
MillerCoors said early on that it wanted to settle in a neutral site, but executives pledged to maintain a strong presence in each hometown.
The company said it would invest $50 million in the Milwaukee brewery to increase production and pour $100 million into the Golden plant to reconfigure operations.