MillerCoors Taps Chicago for New Headquarters

Conglomerate to merge operations from Denver, Milwaukee
By Dustin Lushing,  Newser Staff
Posted Jul 16, 2008 2:25 PM CDT
Chicago beat out Dallas to attract the new headquarters for beer conglomerate MillerCoors.   (AP Photo)
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(Newser) – Chicago will be home to the new corporate headquarters of beer conglomerate MillerCoors, the Tribune reports. The Windy City edged out Dallas to serve as a neutral location for the nerve center of Denver-based Molson Coors and Milwaukee-based Miller. Chicago attracted MillerCoors because it has "access to an attractive base of talent, transportation and business resources," company president Tom Long said.

The move will add 300-400 jobs to Chicago's economy, but at a cost—the city and the state of Illinois forked over $20 million in subsidies to woo the beverage maker. It's also a symbolic victory for the city, which has seen the departure of industry majors like Amoco, Ameritech and First Chicago.