Molson Coors adding 377 new positions in Milwaukee by the end of 2021

Friday, November 20, 2020
Margaret Naczek, Business Journal

 

Molson Coors Beverage Co. will add 377 new jobs to its Milwaukee operations by the end of 2021, coinciding with its previously announced revitalization plan.

Of those new jobs, 235 were added in 2020 with an additional 142 remaining positions to be filled by the end of 2021, according to Molson Coors manager of media relations Marty Maloney.

Molson Coors announced in October 2019 a revitalization plan, which not only included a corporate name change and repositioning of priorities but also the restructuring of corporate offices. The global business was condensed into two business units: North America and Europe. Molson Coors also then announced plans to move corporate support staff positions to Milwaukee. At the time, the company said it would amount to "hundreds of jobs."

Molson Coors North American segment is based in Chicago.

Molson Coors currently has 476 corporate positions in Milwaukee. The over 300 new jobs are all within the corporate function sector of the business. The Wisconsin Economic Development Corp. stated that these jobs will have an average hourly wage of $56.86.

"We've been making a number of investments beyond addition of new jobs in Milwaukee," Molson Coors chief communications and corporate affairs officers Adam Collins said. "We've got a 155-year history here and specific with this news today, we're certainly grateful to Gov. Evers and the state and WEDC for their support in helping bring these 377 jobs here to Brew City."

The WEDC board of directors approved the designation of an enterprise zone for Molson Coors' corporate operations in Milwaukee, according to a Nov. 17 WEDC letter.

The WEDC currently has 24 active enterprise zones in the state, which are expected to result in $3.9 billion in capital investment, the retention of 28,700 and 20,200 new jobs.

"The EZ designation will enable WEDC to certify the Molson Coors Beverage Company for its growth in Milwaukee in light of a nationwide corporate reorganization and consolidation," WEDC secretary and CEO Missy Hughes wrote in the letter.

The certification qualifies Molson Coors for $25 million in performance-based tax credits over eight years. These tax credits are dependent on the retention of 1,290 jobs in Wisconsin, which include 540 in the enterprise zone and the 377 new jobs.

Along with the Molson Coors corporate positions in Milwaukee, the Milwaukee brewery employs 615 people. Molson Coors also has Wisconsin employees in Chippewa Falls at the Jacob Leinenkugel Brewing Co. (715 employees), 10th Street Brewery in Milwaukee (46 employees) and Watertown Hops Co. in Watertown (15 employees).

In the Molson Coors Milwaukee offices, employees are allowed to come into the office with safety measures in place. There is a capacity limit on the number of employees that come in and staff are not required to work in the office at this time. Collins said the company had a pandemic action plan already created prior to the Covid-19 pandemic, which it was able to use and adapt throughout the year.

 

THANKS TO OUR PREMIUM MEMBERS