(FORT WORTH, TEXAS) - Members of Teamsters Local 997 who are employed at Molson Coors in Fort Worth, Texas are on Strike over the company’s disgusting pay package and complete unwillingness to reach a fair agreement with its Union-represented Employees, Teamster Officials said.

Teamsters walked off the job after Molson Coors failed to come to terms on a new three-year contract that respects the 420 Workers who make, package, and warehouse the company’s beer and beverage brands.

The Strike shuts down production at the only brewery that services the entire Western region of the United States with major Molson Coors products.

Despite having months to negotiate, Molson Coors presented insulting and regressive contract proposals, according to the Union, including offering less than a $1 per hour wage increase for the majority of Teamsters Members.

Local 997 is seeking pay raises that reflect the impact of inflation over the term of the expired contract and the elimination of two-tiered health care and retirement benefits.

The Union filed numerous Unfair Labor Practice (ULP) Charges with the National Labor Relations Board (NLRB) over the company’s bad faith bargaining.

Teamsters General President Sean O’Brien said: “As long as the profits keep flowing to the top, Molson Coors doesn’t give a damn if the Workers inside its breweries can afford to take care of their families.  They put pennies on the table for the Workers behind these products.  They want to strip Working Families of their health care.  The greed and abuse from Molson Coors must end now.  Executives shamelessly brag to investors about the company’s incredible growth and historic earnings.  Millions go to the CEO, billions go to Wall Street, and a middle finger goes to the Workers.  We’re not taking the disrespect, we’re not accepting the crumbs, and we’re not making concessions.  The Teamsters are taking this fight to the streets, and we will hold the line until our members get what they have earned.”

Molson Coors announced this week that the company’s year-end 2023 earnings were its highest in 19 years.

The company spent more than $50 million on advertising in the fourth quarter.

Molson Coors reported making six years’ worth of profit growth in 2023 alone.

Last October, the company announced a $2 billion stock buyback for wealthy shareholders.

Rank-and-file Teamsters produce Coors Light, Topo Chico, Simply, Pabst, and Yuengling - among other Molson Coors beverage brands.

The Teamsters represents 1.3 million Members in the U.S., Canada, and Puerto Rico.

To Directly Access This Labor News Story In Its Entirety, Go To: Teamsters Strike Molson Coors - International Brotherhood of Teamsters