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COORS BREWING INTENDS TO SELL TRANSPORTATION UNIT

 COORS BREWING INTENDS TO SELL TRANSPORTATION UNIT
 GOLDEN, Colo., June 9 /PRNewswire/ -- Coors Brewing Co., a wholly


owned subsidiary of Adolph Coors Co. (NASDAQ: ACCOB) (ACCOB), announced today that it has entered into discussions to sell its Coors Transportation Co. subsidiary to J.B. Hunt Transport Inc. (JBHT) of Lowell, Ark. The sale would include substantially all of the assets and operations of Coors Transportation Co. Subject to the satisfaction of certain financial, legal and regulatory conditions, the companies expect to complete negotiations on or about July 25.
 "This proposed sale represents another important step in our efforts to sharpen our focus on the brewing business and the competitive challenges of the beer industry," said Peter H. Coors, chief executive officer of Coors Brewing Co. "Since the majority of Coors Transportation business comes from outside Coors, this sale will allow us to concentrate on brewing and selling the finest quality beer, while continuing to receive the best possible transportation services from J.B. Hunt and other trucking firms."
 Peter Coors noted that the nation's third-largest brewer plans to continue to utilize the services of the refrigerated-trucking operation after the sale. J.B. Hunt, one of the 10 largest U.S. motor carriers, expects the operations and work force of Coors Transportation Co. to be integrated into its national shipping network and remain substantially intact. The Coors trucking operation currently employs approximately 225, including 25 at the company's headquarters in Denver.
 No sales price for the proposed sale was released.
 -0- 6/9/92
 /CONTACT: Dave Dunnewald or Anita K. Russell of Coors Brewing Co., 303-277-2555 or 800-525-3786/
 (ACCOB) CO: Adolph Coors Co.; Coors Brewing Co. ST: Colorado IN: FOD SU:


BB-MC -- DV008 -- 8353 06/09/92 12:03 EDT
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Publication:PR Newswire
Date:Jun 9, 1992
Words:289
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