DENVER — The Molson Coors beer company announced this week it is leaving its Denver headquarters and moving to Chicago.
The move is part of a restructuring plan, the beermaker said.
The shakeup will cut roughly 500 jobs.
Coors’ net sales revenues decreased by more than $400 million — or just over 3-percent — in the third quarter, according to Coors CEO and President Gavin Hattersley.
Coors said it will keep its brewery in Golden, Colo., with plans to spend “several hundred million dollars” on upgrades.
(Photo by vladans/Thinkstock.)
