Sharp's Brewery to close with loss of 50 jobs
BBCA Cornish brewery is set to close with the loss of 50 jobs.
The US brewing firm Molson Coors said it was proposing to close Sharp's Brewery in Rock by the end of the year because the site was "no longer financially sustainable".
Managing director Simon Kerry said 200 staff would be made redundant across Molson Coors and 50 would be staff at the Rock brewery.
Kerry said the firm was in the process of exploring a number of alternative production routes, including the possibility of producing Sharp's brands in partnership.
He said it "has not been an easy decision" to make and the Sharp's team at Rock had been "an exceptional and committed team who take such huge pride in their craft".
In a statement, Molson Coors said it had invested more than £20m in Sharp's Brewery since it acquired it in 2011 to expand capacity, upgrade equipment and strengthen the Sharp's portfolio.
Kerry said: "We have invested significantly in the site and the Sharp's brands over that time and have taken every step we can to try and avoid this outcome.
"However, the site is no longer financially sustainable as part of our national production network.
"Our focus now is on supporting our Rock-based colleagues in every way we can throughout this process."
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