On the Street: Molson Coors Adding Facility in China
April 14/Beijing/Chinese Business News -- Molson Coors Brewing, the fifth largest brewer in the world, will invest RMB435 million (approximately $63.7 million) to set up a manufacturing facility for beer and can together with Sihai Beer, a Chinese beer maker. The manufacturing facility will boast an annual production capacity of 500,000 tons of cartons of beer. Chengde will become one of Molson Coors Brewing's major manufacturing facilities in China.
From the April 26, 2010, Prepared Foods E-dition