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BUSINESS
December 8, 1993
G. Heileman Brewing Co., which owns a brewery in Halethorpe, will get a new president and chief executive officer after its previously announced purchase by Hicks, Muse & Co. Inc. of Dallas.Richard F. Gaccione, 46, most recently was a senior vice president with Bristol-Myers Squibb Co. He said he does not foresee any immediate changes at the local breweryHicks, Muse announced Nov. 1 it would acquire La Crosse, Wis.-based Heileman in a $390 million deal.
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NEWS
May 4, 1997
Russell G. Cleary, 63, who built G. Heileman Brewing Co. into one of the largest breweries in the country, died Thursday in La Crosse, Wis., of complications from heart surgery. Cleary, the chairman of the Wisconsin company from 1971 to 1989, had a reputation as a tough maverick who aggressively expanded it with the purchase of smaller breweries -- including Carling National and its Halethorpe plant along the Baltimore Beltway -- and diversification.Heileman became the target of a takeover as its market share shrank and profits faltered.
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BUSINESS
By New York Times News Service Peter H. Frank of The Sun's Business staff contributed to this article | January 25, 1991
CHICAGO -- One of the nation's most venerable brewers, G. Heileman Brewing Co., has become the latest victim of the widespread use of debt in the 1980s.Heileman, which has a brewery in Baltimore County, filed yesterday in New York City for protection from creditors under Chapter 11 of the Federal Bankruptcy Code.The company was unable to make payments on the mountain of debt piled onto its balance sheet when it was taken over in 1987 by Alan Bond, an Australian entrepreneur.Heileman's brands are Colt .45 and Champale malt liquors, Old Style and Black Label beers and La Croix sparkling water.
BUSINESS
By Sean Somerville and Sean Somerville,SUN STAFF | February 21, 1997
The Korean manufacturer that bought the dormant Procter & Gamble Co. factory in Locust Point is negotiating to buy the Halethorpe brewery that was closed last year by Stroh Brewery Co.A&E International Ltd. is considering a purchase for about $25 million, but the deal is not complete, a source familiar with negotiations said.The company would use the brewery to manufacture Soju, a liquor popular in the Far East. It is not clear how many people the new owner would employ. The closing in December eliminated about 430 jobs.
BUSINESS
By Ross Hetrick and Ross Hetrick,Sun Staff Writer | September 7, 1995
Hicks, Muse, Tate & Furst Inc., the Dallas-based owner of the beleaguered G. Heileman Brewing Co. Inc., is finding out there is a big difference between Dr Pepper and Natty Boh.Just 20 months after it bought the maker of National Bohemian, Colt 45 and dozens of other regional brands, the new owner is facing a critical cash shortage. On Tuesday, Heileman announced it probably would not be able to make interest payments in January on $160 million worth of debt and has hired the Blackstone Group, a New York investment firm, to find a way to dig it out of the hole.
BUSINESS
By Ross Hetrick and Ross Hetrick,Staff Writer | April 2, 1992
Even though the Canadian government has said it will lift restrictions on U.S. beer exports in the next three years, don't expect suds from the Heileman brewery in Halethorpe to be flowing north soon."
BUSINESS
August 28, 1996
The Stroh Brewery Co. said yesterday that it will retain W. B. Doner & Co. of Baltimore to do the advertising campaigns for brands that previously were part of G. Heileman Brewing Co., which Stroh acquired.For Heileman, Doner handled the Champale, Colt 45, Lone Star, Old Style, EX, Henry Weinhard's, Mickey's, Special Export and Rainier accounts."Based on Doner's excellent creative work with these brands when they were part of the G. Heileman portfolio, it was a natural choice to retain them," said Joe Martino, Stroh's senior executive for marketing.
BUSINESS
By Kim Clark | July 25, 1991
National Bohemian, Baltimore's last hometown brew, is in danger of going down the drain.G. Heileman Brewing Co., the debt-swamped maker of local beers that include Lone Star in Texas and Baltimore's "Natty Boh," is in a financial fight for its life that industry experts say might force the elimination of many of its smaller brands.Officials of the nation's fifth-largest beer company met with Teamsters officials last night to try to settle a 3-week-old strike at VTC its Halethorpe brewery and is in the crucial stage of negotiations with bankers, bottlers and others who were stuck with $1 billion in debt when Heileman filed for bankruptcy protection in January.
BUSINESS
By David Conn | December 24, 1991
G. Heileman Brewing Co. Inc.'s New Year's resolution is to sell more beer in Canada, and it's hoping that a good word from Gov. William Donald Schaefer will help.The company, whose plant in Halethorpe brews almost two dozen brands of beer and malt liquor, is hoping to hear by the end of this week whether the United States will impose sanctions, in the form of retaliatory trade tariffs, against Canada for allegedly limiting the sale and distribution of American beer in the provinces.Canadian officials have responded by saying that any action by the United States would be premature because Canada has vowed to respond to the charges at a February council meeting of the General Agreement on Tariffs and Trade, the guiding group for international commerce.
BUSINESS
By Ross Hetrick and Ross Hetrick,Sun Staff Writer | September 6, 1995
The cash-strapped G. Heileman Brewing Co., which owns the last large brewery in the Baltimore area, announced yesterday that it probably will be unable to make a January interest payment on $160 million worth of debt and has retained financial advisers to help it restructure the ailing company.The action comes after the nation's fifth-largest brewing company, based in La Crosse, Wis., said it was unsuccessful in its bid to find a merger partner. Stroh Brewery Co., the nation's fourth-largest brewer, was widely considered as a likely candidate.
BUSINESS
By Sean Somerville and Sean Somerville,SUN STAFF | December 19, 1996
Yesterday afternoon at the Lansdowne Inn, there wasn't a single "Natty Boh" on the bar.Hours earlier, the 30 Halethorpe brewery workers who crammed the small eatery had gotten their last paychecks as Stroh Brewery Co. closed the brewery and eliminated its 430 jobs.As the workers mulled the future, they drank Michelob and Budweiser. They spent their money on anything but Natty Boh -- National Bohemian, the Baltimore beer they brewed and drank before the shutdown."Stroh kicked us out," said Bob Slick, 51, as he sipped a Michelob.
BUSINESS
By Sean Somerville and Sean Somerville,SUN STAFF | October 17, 1996
Three months after Stroh Brewing Co. bought G. Heileman Brewing Co. Inc., workers expect to be told today that the Halethorpe brewery in Baltimore County will be closed.Executives of Detroit-based Stroh, who are scheduled to be at the plant today, did not return calls Tuesday and yesterday.Stroh, the nation's fourth largest brewery, completed the acquisition in July.A closing of the 36-year-old brewery would be no surprise to many workers. "To a person, we're convinced that's what they're here to do," said Charles Stansburge, secretary treasurer of Teamsters Local 570, which represents about 330 of the brewery's roughly 400 workers.
BUSINESS
August 28, 1996
The Stroh Brewery Co. said yesterday that it will retain W. B. Doner & Co. of Baltimore to do the advertising campaigns for brands that previously were part of G. Heileman Brewing Co., which Stroh acquired.For Heileman, Doner handled the Champale, Colt 45, Lone Star, Old Style, EX, Henry Weinhard's, Mickey's, Special Export and Rainier accounts."Based on Doner's excellent creative work with these brands when they were part of the G. Heileman portfolio, it was a natural choice to retain them," said Joe Martino, Stroh's senior executive for marketing.
BUSINESS
By Alec Matthew Klein and Alec Matthew Klein,SUN STAFF | July 2, 1996
The Stroh Brewery Co. announced yesterday that it has completed its acquisition of the hobbling G. Heileman Brewing Co. in an estimated $290 million merger that will give the combined company control over about 10 percent of the U.S. beer market.The deal, announced in February, is expected to reinforce Stroh's position as the nation's No. 4 beer maker in a flat industry, giving the Detroit-based company a broader portfolio of national and regional brand-name beers, and what it hopes is an opportunity to cut costs and expand its distribution network and international sales.
FEATURES
By ROB KASPER | May 26, 1996
Word of the impending demise came in a telephone call from a liquor store. National Premium, the beer once considered the classiest lager brewed in Maryland -- if not the country -- was leaving us. The G. Heileman Brewing Co. in Halethorpe, the maker of the beer, had brewed its last batch of National Premium. By Memorial Day, I was told, the supply of beer in the wholesale houses and retail liquor stores around the state would be gone.The cause of death was economic. Not enough people were buying the beer, said Randy Smith, senior vice president with G. Heileman in Rosemont, Ill. The time the Halethorpe brewery devoted to making National Premium would now be devoted to making McSorley's Ale, a current hot seller in the G. Heileman line of beers.
BUSINESS
By Gary Gately and Gary Gately,SUN STAFF | January 4, 1996
Herb Fried sat in his posh office 11 stories above the Inner Harbor yesterday and celebrated a homecoming he's longed for since 1990.At long last the brewer of National Boh and Colt 45 had returned all its advertising work to the agency that made the beers famous: Mr. Fried's W. B. Doner & Co.G. Heileman Brewing Co.'s decision to consolidate all its creative and media-buying advertising functions with Doner represents the culmination of a concerted, five-year effort by the agency and particularly its chairman, Mr. Fried.
BUSINESS
By Ross Hetrick and Ross Hetrick,SUN STAFF | November 15, 1995
The Halethorpe brewery of G. Heileman Brewing Co. Inc., the last major beer operation in Baltimore, got good news yesterday that the Pabst Brewing Co. has contracted to use some of its excess capacity to brew Pabst beer.The financially struggling Heileman said Milwaukee-based Pabst -- which makes Pabst Blue Ribbon, Olympia and Hamm's beers, among others -- has agreed to produce at least 1.4 million barrels annually at its breweries in Halethorpe and La Crosse, Wis., Heileman's headquarters, starting Jan. 1.Heileman, the nation's fifth-largest beer company, makes such beers as Colt 45 malt liquor, National Premium, National Bohemian and numerous other regional beers.
BUSINESS
By Ross Hetrick and Ross Hetrick,Sun Staff Writer | September 7, 1995
Hicks, Muse, Tate & Furst Inc., the Dallas-based owner of the beleaguered G. Heileman Brewing Co. Inc., is finding out there is a big difference between Dr Pepper and Natty Boh.Just 20 months after it bought the maker of National Bohemian, Colt 45 and dozens of other regional brands, the new owner is facing a critical cash shortage. On Tuesday, Heileman announced it probably would not be able to make interest payments in January on $160 million worth of debt and has hired the Blackstone Group, a New York investment firm, to find a way to dig it out of the hole.
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