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Valley Metal Container
{{Short description, Aluminum can production plant Valley Metal Container (VMC), a joint venture between the Coors Brewing Company and American National Can Company, operates the world's largest single-site facility for aluminum can production. Located in Golden, Colorado, the plant manufactures over 4 billion cans per year on six production lines. External linksUsing mixed-integer programming to reduce label changes in the Coors aluminium can plant Using Mixed-Integer Programming to Reduce Label Changes in the Coors Aluminum Can Plant
Joint ventures
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Coors Brewing Company
The Coors Brewing Company started as an American brewery and beer company in Golden, Colorado. In 2005, Adolph Coors Company, the holding company that owned Coors Brewing, merged with Molson, Inc. to become Molson Coors. The first Coors brewery location in Golden, Colorado is the largest single brewing facility operating in the world. History Founding In 1873, German immigrants Adolph Coors and Jacob Schueler from Prussia immigrated to the United States and established a brewery in Golden, Colorado, after buying a recipe for a Pilsner-style beer from a Czech immigrant William Silhan. Coors invested $2,000 in the operation, and Schueler invested $18,000. In 1880, Coors bought out his partner and became the sole owner of the brewery. Prohibition The Coors Brewing Company managed to survive Prohibition relatively intact. Years before the Volstead Act went into effect nationwide, Adolph Coors with sons Adolph Jr., Grover, and Herman established the Adolph Coors Brew ...
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Beverage Can
A drink can (or beverage can) is a metal container designed to hold a fixed portion of liquid such as carbonated soft drinks, alcoholic drinks, fruit juices, teas, herbal teas, energy drinks, etc. Drink cans are made of aluminum (75% of worldwide production) or tin-plated steel (25% worldwide production). Worldwide production for all drink cans is approximately 370 billion cans per year. History The first commercial beer available in cans began in 1935 in Richmond, Virginia. Not long after that, sodas, with their higher acidity and somewhat higher pressures, were available in cans. The key development for storing drinks in cans was the interior liner, typically plastic or sometimes a waxy substance, that helped to keep the product's flavor from being ruined by a chemical reaction with the metal. Another major factor for the timing was the repeal of Prohibition in the United States at the end of 1933. In 1935, the Felinfoel Brewery at Felinfoel in Wales was the first bre ...
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Golden, Colorado
Golden is a List of municipalities in Colorado#Home rule municipality, home rule city that is the county seat of Jefferson County, Colorado, Jefferson County, Colorado, United States. The city population was 20,399 at the 2020 United States Census. Golden lies along Clear Creek (Colorado), Clear Creek at the base of the Front Range of the Rocky Mountains. Founded during the Pike's Peak Gold Rush on June 16, 1859, the mining camp was originally named Golden City in honor of Thomas L. Golden. Golden City served as the capital of the provisional Territory of Jefferson from 1860 to 1861, and capital of the official Territory of Colorado from 1862 to 1867. In 1867, the territorial capital was moved about east to Denver#History, Denver City. Golden is now a part of the Denver–Aurora–Lakewood, CO Metropolitan Statistical Area and the Front Range Urban Corridor. The Colorado School of Mines, offering programs in engineering and science, is located in Golden. In addition, it is also h ...
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Joint Ventures
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Companies Based In Golden, Colorado
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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