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06.18.2008 11:04 am

Are D.C. pols missing the InBev boat?

WASHINGTON_Embrace the opportunity.

That was the jist of what one St. Louisian said in a phone call to the Washington Bureau this morning. He said he was disappointed that Missouri politicians are signing petitions and speaking out against an InBev takeover of Anheuser-Busch like Sen. Kit Bond did in today’s Post-Dispatch.

Too little, too late, was how he described it.

The Chicago transplant said he has seen businesses in St. Louis grow to their maturity, move on and leave a void that isn’t filled. Why aren’t politicians doing more to bring in new, young businesses to replace the ones that have outgrown their St. Louis homes, he asked.

His suggestion concerning Anheuser-Busch: try to get InBev to move the whole gamut to the Gateway City.

6 comments

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I just wonder why they don’t fight so hard when defense contractors sell technology and equipment to countries they go to war with the next year. Beer hits a hot spot with the local alcoholics. We’d do better to ask why they sell alcohol spun towards teenagers in cans that look just like non-alcoholic energy drinks. This is another red herring issue to keep us from watching Georgie right now.
Don’t forget Johnny, the family values candidate,lived off of someone who profits greatly from selling drugs to kids before her daddy introduced him to big wigs in AZ and “persuaded” enough folks to elect him years ago.
Some of those former tower dwellers did enough bad that american capital will shift even more as they pay off those they sold all that bad paper to. America is living off of debt, and has for some time.
Our country faces economic ruin from massive floods because the repubs bought iraq infrastructure, then we bought it twice because they didn’t train them to maintain it the first time. While ours rots.
And we are supposed to be sorry about a drug pushing company that is being taken over like many others? That’s what america IS…takeovers and d-swinging and egos. Get with the program folks!

— Slugger
6:15 pm June 18th, 2008

Oh man, if they really could get the whole shebang to get world HQ in St. Louis, it would be huge… Budweiser would still be American, the money grubbers at Inbev would be happy, and a lot of money would still get poured into the local economy. I’m pretty confidant that it isn’t gonna happen that way though, but I can dream…

— Jeff
10:16 pm June 18th, 2008

no way this becomes the prime HQ. maybe the AB HQ fine. i don’t get the stl townies here who are against it. stl city is the worst inner city i’ve seen and i’ve seen a lot in europe and the usa. no i haven’t been to detroit. this town needs serious new business to come in and revitalize downtown. just just 2 blocks around busch (becks?) stadium.

bond(ie) and claire(yde) need to get with the program and sell, sell, sell. i thought we were a capitalist market?

— becks
10:27 pm June 18th, 2008

Slugger, I was waiting for someone to blame the floods on Bush! Well done! You need to take it a step further and say that the Republicans actually blew up the levees! AB doesn’t market to underage drinkers..do your homework on the marketing they do. Saying that McCaskill is talking to Brito to keep the heat off “Georgie” is a different spin on things. I didn’t realize she was a Bush supporter.

Becks, Detroit and Gary (Indiana) have worse inner cities. There are 1000 “townies” that will lose their jobs…I would say that is one of the main reason it is being fought. If INBEV buys AB, not only will these “townies” lose their jobs, but thousands of other employees city and nation wide will lose their jobs. INBEV needs to cut out $1 billion in expenses. I can assure you that the Clydesdales will not be the only ones to go.

I do think there is merit to work on bringing the INBEV headquarters here…but just don’t see it.

— Logicprevails
10:17 am June 19th, 2008

According to Bloomberg, “InBev CEO Carlos Brito said last week that he was committed to keeping St. Louis as the combined company’s headquarters for North America.” Since they’ll need a North American HQ, and will be acquiring appropriate facilities here, it only makes sense.

As far as opposition to the buyout goes, the Wall Street Journal today noted the following:

“Republican Governor Matt Blunt of Missouri, where Anheuser-Busch is headquartered, nonetheless opposes the deal and has directed the state’s Department of Economic Development to try to stop it. No doubt this plays well as a matter of local pride. But this is the same Governor Blunt who has actively sought foreign investment in trips abroad. Earlier this month, he went to Montreal to persuade Bombardier Aerospace to build an airline assembly plant in Kansas City.”

— Nick Kasoff
10:36 am June 23rd, 2008

Nick, foreign investment is good…just not at the cost of losing a company. AB will lose 1000 employees here but it gets far worse than that. INBEV is well known for major cost cutting and will cut out the marketing and media departments in addition to: most travel, all the parks, one to two breweries (they can promise all they want but they’ll drop at least one family of beers..probably Michelob), some charitable donations…the list goes on. Think about all the non-AB employees associated with all of these: the airlines, small vendors who supply the breweries, the media groups throughout the country who work with AB marketing, etc. The owners of Schlaffly will be adversly affected as they get good pricing on ingredients thanks to AB.

As for making this the North American Headquarters…remember what Federated said when the bought The May Co.s? They promised a regional headquarters…and gave us one…then just closed it.

INBEV will be very bad for the St. Louis economy and economies across the country.

— Logicprevails
4:58 pm June 23rd, 2008