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Molson Coors Sells Irwindale Brewery

The sale will allow Molson Coors to streamline its operations for greater efficiency across its network and strengthen its liquidity.

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Molson Coors Beverage Company has sold its Irwindale, Calif. brewery property to Irwindale Brew Yard, a subsidiary of Pabst Brewing Company, for $150 million. Molson Coors has already transitioned its production from Irwindale to its breweries in Golden, Colo. and Fort Worth, Texas.

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