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Miles Archer

(18,837 posts)
Mon May 28, 2018, 10:39 PM May 2018

Pete Coors, Trump supporter and manufacturer of beer often compared to mouse urine, got TRUMPED.

Since its emergence in 1935, the aluminum beer can has been a fixture on the US drinking scene. About half of packaged beer of the country’s two dominant mega-brewers—AB InBev (maker of Budweiser) and MillerCoors—comes in cans. And now their fast-growing craft competitors have discovered the allure of the aluminum vessel: About 17 percent of craft beer is now sold in cans, up from 2 percent in 2011.

So it’s no surprise that the beer industry is united against President Donald Trump’s plan to impose a 10 percent tariff on imported aluminum. Last week, Pete Coors, chairman of Molson Coors Brewing Co.—a global behemoth that owns the US-based giant MillerCoors—published a Wall Street Journal op-ed decrying the tariff. Coors, scion of a prominent right-wing Colorado brewing dynasty, is normally a Trump supporter. Back in June 2016, he co-hosted a $10,000-per-couple fundraiser for the then-upstart presidential candidate.

“Since January, as the president’s tariff talk intensified, aluminum prices have risen in the US, even for domestic aluminum forged from scrap,” Coors complained in the Journal. All told, he added, dislocations to the US aluminum market triggered by the tariff could cost cost his company “tens of millions of dollars each year.”

That amount of money is tiny in the grand scheme of the Coors conglomerate’s $1.4 billion in annual profit. Though the Beer Institute, the trade group that represents big producers like MillerCoors, claims the industry’s annual hit will total $347 million, and “put breweries at a competitive disadvantage” to competitors like wine and spirits, which don’t rely much on cans.

https://www.motherjones.com/food/2018/05/now-trump-is-coming-for-your-beer/
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Pete Coors, Trump supporter and manufacturer of beer often compared to mouse urine, got TRUMPED. (Original Post) Miles Archer May 2018 OP
We tried to warn people sakabatou May 2018 #1
And, they will still vote for the know nothing about anything racist, bigoted guy in WH. RestoreAmerica2020 May 2018 #18
It's the art of the deal! Initech May 2018 #2
First beer can in 1935 but it was not aluminum. Sneederbunk May 2018 #3
And don't forget the church key - Don't leave home without it Brother Buzz May 2018 #5
I still need the curvy end. House of Roberts May 2018 #13
So Trump pulled the tab on aluminum beer cans packman May 2018 #4
You hopped on this one. retread May 2018 #23
boo f'ing hoo.... cntrfthrs May 2018 #6
Don't his tax cuts offset his losses? BigmanPigman May 2018 #7
trump fans like Pete Coors seem like Cha May 2018 #8
I bet he will claim poverty when he increases the prices BigmanPigman May 2018 #10
When I was growing up in Denver.. Cha May 2018 #14
He seems he does better in the beer business than BigmanPigman May 2018 #21
Most small breweries use bottling equipment. The tariff will mostly hurt Miller and Budweiser FSogol May 2018 #24
That's right.. the craft beer comes in Cha May 2018 #25
I just did a spit take on my laptop Haggis for Breakfast May 2018 #9
It's supposed to be moose. It was either mistyped or mis-autocorrected. Volaris May 2018 #15
They can always "hire" some of his family or cronies ToxMarz May 2018 #11
Awww - tears are falling KT2000 May 2018 #12
His part of the loot from the tax scam should more than cover it. ooky May 2018 #16
Tough Titty, Peter! I stopped drinking Coors Many Years Ago, ... DoctorJoJo May 2018 #17
Doesn't bother frump in the least... Totally Tunsie May 2018 #19
Any cost increases will be passed on to the consumer. SergeStorms May 2018 #20
can't i just say nazi whenever i see a coors ad? pansypoo53219 May 2018 #22
Reap baby, reap. n/t tazkcmo May 2018 #26
 

packman

(16,296 posts)
4. So Trump pulled the tab on aluminum beer cans
Mon May 28, 2018, 11:04 PM
May 2018

Probably brewed over it before he did it.

That's all - got no more

Cha

(297,242 posts)
8. trump fans like Pete Coors seem like
Tue May 29, 2018, 12:42 AM
May 2018

they can never have enough $$$$$.


“Since January, as the president’s tariff talk intensified, aluminum prices have risen in the US, even for domestic aluminum forged from scrap,” Coors complained in the Journal. All told, he added, dislocations to the US aluminum market triggered by the tariff could cost his company “tens of millions of dollars each year.”

That amount of money is tiny in the grand scheme of the Coors conglomerate’s $1.4 billion in annual profit. Though the Beer Institute, the trade group that represents big producers like Miller Coors, claims the industry’s annual hit will total $347 million, and “put breweries at a competitive disadvantage” to competitors like wine and spirits, which don’t rely much on cans.

From the link..

"For small or new breweries, that could mean laying off an employee, or delaying an expansion.”

BigmanPigman

(51,593 posts)
10. I bet he will claim poverty when he increases the prices
Tue May 29, 2018, 12:48 AM
May 2018

and passes it onto consumers, or he can cut the staff and salaries and benefits for those who remain, or better yet, all of the above.

Cha

(297,242 posts)
14. When I was growing up in Denver..
Tue May 29, 2018, 01:14 AM
May 2018

I had a friend in Jr High who lived across from the Coors. I was in awe at the time.

Pete is probably their grandson.

Peter Hanson Coors (born September 20, 1946) is an American businessman and politician.

snip//

Coors faced Democrat and Colorado Attorney General Ken Salazar in the November 2004 election, but Coors was defeated by a margin of 51% to 47%.[9]

According to the non-partisan Center for Responsive Politics (CPS), Coors gave his own campaign $1,213,657 and received individual donations of $60,550 from other Coors family members. He was mentioned as a possible contender in the 2008 Senate election.[3]

snip//

On May 28, 2006, Coors was arrested by the Colorado State Patrol on suspicion of driving under the influence and registering a blood alcohol level higher than the legal limit (0.088).[10] Coors commented on the incident, saying, "I should have planned ahead for a ride. For years, I've advocated the responsible use of our company's products. That's still my message, and our company's message. I am sorry that I didn't follow it myself."

On August 25, 2006, Coors pleaded guilty to a lesser charge of driving while impaired. A judge sentenced Coors to 24 hours of community service, a suspended fine and ordered him to undergo alcohol education courses.

https://en.wikipedia.org/wiki/Pete_Coors

Sorry, just kind of interested because of growing up in Denver.. and I worked for May Coors Tooker in Valley Center, California(San Diego County) from 1985 to '87 at Little Creek acres, a Bio Dynamic Farm.. and her son Joe Tooker.

Adolf Coors II

Coors was a graduate of Cornell University, where he was a member of the Sphinx Head Society and the Beta Delta chapter of Beta Theta Pi. He became an accomplished chemist who worked in prominent positions in the family's brewing and porcelain operations. He married Alice May Kistler (1885–1970) of Denver[3] on May 4, 1912, at the Kistler home by Rev. Van Arsdall. The couple had four children: Adolph Coors III (1915–1960) who was kidnapped and killed in 1960; William K. Coors (1916), Joseph Coors (1917–2003), and May Louise Coors (1923–2008).

https://en.wikipedia.org/wiki/Adolph_Coors_II

FSogol

(45,487 posts)
24. Most small breweries use bottling equipment. The tariff will mostly hurt Miller and Budweiser
Tue May 29, 2018, 07:46 AM
May 2018

Nice case of karma since the larger players are much more likely to support all things Trumpish.

Haggis for Breakfast

(6,831 posts)
9. I just did a spit take on my laptop
Tue May 29, 2018, 12:46 AM
May 2018

I thought it read "Moose" urine.

Where are my bi-focals . . . Pepsi is so sticky.

ToxMarz

(2,168 posts)
11. They can always "hire" some of his family or cronies
Tue May 29, 2018, 12:48 AM
May 2018

or "loan" one of his real estate scams some money. All their problems will simply disappear. MAGA!

ooky

(8,923 posts)
16. His part of the loot from the tax scam should more than cover it.
Tue May 29, 2018, 01:17 AM
May 2018

And he should be arrested for stealing Colorado's water and selling it as beer.

 

DoctorJoJo

(1,134 posts)
17. Tough Titty, Peter! I stopped drinking Coors Many Years Ago, ...
Tue May 29, 2018, 01:37 AM
May 2018

... when I found out you were a major Repuke supporter!

Totally Tunsie

(10,885 posts)
19. Doesn't bother frump in the least...
Tue May 29, 2018, 01:56 AM
May 2018

He claims to have never touched alcohol of any type. Maybe that's part of his problem. If he'd relax with a beer now and then, he might not look so constipated.

In the meantime, he'll drive the rest of us to alcoholism!

SergeStorms

(19,201 posts)
20. Any cost increases will be passed on to the consumer.
Tue May 29, 2018, 01:58 AM
May 2018

Don't cry the blues about how much money your "company" will be losing. You won't lose a penny. People will still drink your watered down swill at a higher cost.

And you still got your mammoth tax cuts, so you're much more wealthy now, you Trumptard. Go cry the blues somewhere else.

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