Web Search powered by YAHOO! SEARCH
07.28.2008 9:00 pm

Tuesday editorial: Well, that was quick

  • Email this
  • Print this

grant_opt.jpg“Grant’s Farm and the Clydesdales are all-important elements of the heritage of Budweiser, Anheuser-Busch and the city of St. Louis, and those, of course, would be retained.”

So wrote InBev CEO Carlos Brito on the Post-Dispatch Commentary Page on June 17. Four weeks later, on July 14, Anheuser-Busch’s board of directors agreed to accept InBev’s $52 billion offer for the company. Two weeks after that — which is to say, yesterday — Jeremiah McWilliams of the Post-Dispatch reported:

“Grant’s Farm, the historic estate of the Busch family, will operate on a reduced schedule starting Aug. 10. The estate will be open on Saturdays and Sundays only, according to Anheuser-Busch Cos., which leases and operates the property.”

A company spokesman said “escalating operating costs require us to make some changes.” So instead of operating five days a week (Wednesday through Sunday) through the fall, the company decided that fall begins on Aug. 10.

Oh sure, you’re skeptical. But to paraphrase a great president, “it all depends on what the meaning of ‘retained’ is.”

Mr. Brito only said “Grant’s Farm” would be retained. He didn’t say when it would be open, did he? For that matter, he didn’t say it would be open to the public, did he? St. Louis should be grateful it’s open at all.

What’s more, he said “Clydesdales” would be retained. Anheuser-Busch has 250 of the great steeds, each one of which may be seen as an escalating operating cost on four hooves, eating two or three bales of hay every day, not to mention four or five gallons of crimped oats, beet pulp, bran, minerals, salt and molasses and consuming 30 gallons of water. When you have $52 billion worth of debt to pay off, how many of those 250 do you really need?

5 comments

Comments are closed.

When Coors and Miller merged, their headquarters went to Chicago. Not Golden, Colorado. Not Milwaukee. Frankly, if the worst we have is some executive layoffs and “weekends only” at Grant’s farm, we’ll be doing well.

— Nick Kasoff
9:07 am July 29th, 2008

It’s when they start laying off and buying out the “clydesdales” that work in the brewery when this will really hurt St. Louis. So few good laboring jobs anymore outside construction has dramatically hurt the St. Louis area and this is just another kick in the economic groin.

— Monkaton
10:29 am July 29th, 2008

Monkaton…
The union workers at ABIB will follow the Clydesdales….St. Louis can use a few more $6.55/hr work visas. It’s good for the local economy. Ask Nick.

— Garrison
12:30 pm July 29th, 2008

I wonder how many of the people complaining about AB being bought out by a foreign company are driving their FOREIGN cars to Communist China Mart????

— big John
3:44 pm July 30th, 2008

I’m so sorry about my last comment. I forgot, it’s Bush’s fault that the American people are buying FOREIGN made and driving up the trade deficit which helps screw up the economy and drives down the dollar.

— big John
3:51 pm July 30th, 2008