January 26, 1989 |
Molson Cos. and Carling O'Keefe Breweries said Wednesday that they will close seven of 16 breweries across Canada over the next three years after completing the proposed merger of their North American beer operations. The companies, which became Canada's No. 1 brewer under the merger announced last week, will eliminate 500 full-time jobs and slash their payroll by another 900 employees through attrition and early retirement incentives.
June 7, 1989 |
Canadian brewers, worried that cheaper U.S. beer is grabbing a growing share of a stagnating market, have accused some U.S. rivals of dumping and are pushing officials to boost prices of the competing brands. "They are dumping and selling in Canada at a price less than their home market," said Howard Collins, a spokesman for the Brewers Assn. of Canada. But the brewers are unwilling to lodge an official complaint with the Canadian government, even though they say hundreds of jobs are threatened.