Miller-Coors Headquarters Coming to KC?
From The Kansas City Business Journal:
Kansas City is on the list of metro areas being considered for the corporate headquarters of a merged venture between Molson Coors Brewing Co. and SABMiller.
SABMiller and Molson Coors plan to combine U.S. operations by midyear into a new company called MillerCoors. SABMiller is based in London, with its U.S. headquarters in Milwaukee. Molson Coors is based in Denver.
The beer companies are looking for about 100,000 square feet of office space and have done initial scouting in the Dallas-Fort Worth area, according to the Dallas Business Journal, an affiliated newspaper.
"They're out there kicking around the market," one source said. "It's still real early in the process, but they're definitely considering the area."
Another source said landlord representatives have been told that MillerCoors is leaning toward locating the joint venture outside Milwaukee or Denver so the merged corporate offices can get a fresh start and Miller and Coors can remain on equal footing.
SABMiller and Molson Coors signed a joint venture agreement in December, and the deal is expected to close in mid-2008. The joint venture is awaiting regulatory approval.
Molson Coors Vice Chairman Pete Coors said Feb. 12 that options for the new venture include Atlanta, Boston, Chicago, Dallas, Kansas City and others, according to published reports.
