MillerCoors creates new company

August 17, 2010 4:56:45 AM PDT
Beer maker MillerCoors has created a new company.

The company known for Miller Light, Molson and Coors has launched Tenth and Blake Beer Company. It will operate independently marketing and selling craft and import brands including Blue Moon, Peroni and Leinenkugel beers.

Domestic beer sales are slowing, while sales of craft and import beers are on the rise. Miller Coors hopes to build on that growth.