Mol­son Coors to build new Mon­treal brew­ery

The Hamilton Spectator - - BUSINESS -

MON­TREAL — A land­mark tract of land at the edge of Old Mon­treal will un­dergo a trans­for­ma­tion af­ter Mol­son Coors an­nounced plans to spend up to $500 mil­lion to build a new brew­ery in­stead of mod­ern­iz­ing North Amer­ica’s old­est brew­ery along the St. Lawrence River.

The brewer’s de­ci­sion fol­lows a two-year study.

The brewer has said it plans to main­tain a mi­cro­brew­ery and store at the 231-year-old site near Old Mon­treal.

Landt­meters said build­ing the new brew­ery will be more ef­fi­cient than up­dat­ing the ex­ist­ing op­er­a­tions.

The lo­ca­tion of the new op­er­a­tion hasn’t yet been de­ter­mined, but it is ex­pected to re­main in the Greater Mon­treal area.

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