Wed. July 16, 2008
Chicago, IL -
MillerCoors LLC announced Tuesday that it has selected Chicago for the corporate headquarters of its new combined operation.
"The decision to select Chicago as the location for our corporate headquarters was made to achieve our goal of becoming the best beer company in America by having access to an attractive base of talent, transportation and business resources,' said Tom Long president of MillerCoors, in a statement released Tuesday.
MillerCoors' Web site listed other determining factors: Chicago's "vibrant, 24-hour" central business district, broad options of affordable housing with easy commutes, and economic incentives to help offset "considerable" relocation costs.
Chicago offered tax-increment financing and Illinois offered tax credits and training and business development grants. The decision was based on the promise of an $18 million investment package negotiated by the state.
The company is currently evaluating at least three downtown locations with the corporate headquarters expected to be up and running by early summer 2009. One possible location includes the former Carson Pirie Scott & Co. store at 1 S. State.
The new headquarter is expected to bring 300 to 400 new jobs when it opens next summer.
MillerCoors is a joint venture between Molson Coors and SABMiller PLC that was completed two weeks ago.
Golden, Colorado - based Coors Brewing Company has had a contentious history with African-American and Latino groups, unions and the LGBT community.
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