Winnipeg Free Press

Winnipeg Free Press (Newspaper) - November 24, 1998, Winnipeg, Manitoba This Ain t no basement operation continued from b3 the partners Wield a combined 125 years of experience in making Beer and Saville said this is not a basement operation. We have decades of experience and we thought there were enough closures. We figured we could try to keep some of the jobs and some of the spending Here in they were Able to sell their Story to about 65 investors who put about $375,000 in a private placement that closed last month. Including support from the Caisse Populaire de Saint Boniface and investments from the original eight partners the venture has about $1.2 million at its disposal. Ron Waldman president and ceo of great Western brewing co. Of Saskatoon is just about to celebrate his company s 10th year in business after buying the assets of another National Brewer in Saskatoon. He looks Forward to new entrants to the regional Market because it has raised interest in local breweries. Manitoba is playing a Little catch up and now there Are More players out there interested in testing the water the first Issue they have to Deal with is to Hope Manitoba Consumers will allow them to be part of their Brand rotation he said. Then it is up to Manitoba Beer drinkers As to whether they stay there. That s something that remains a although Keren Hawkins of the Manitoba liquor control commission said the Manitoba Market for micros represents Only about one per cent of the Market there is a definite consumer demand. The Beer Market is segmenting just like Many other consumer products she said. Manitoba is playing a Little catch up and now there Are More players out there interested in testing the two Rivers will be coming out around the same time fort Garry comes out with its bottled product. Another new local Micro Agassiz brewing co., has announced its intentions to do the same. Meanwhile one local brew pub River City brewing co., is up and running and another is in the works. Richard Hoeschen president and founder of fort Garry brewing co., said there is really just one Rule to follow Good Beer at the right business watch Levis temporarily closing 2 factories Toronto up Levi Strauss and co. Canada inc. Is temporarily closing two Ontario factories and laying off half the workers at a third. The company said yesterday it will shut Down its Cornwall jeans Plant for three months on dec. 1, affecting 421 production workers. The Levi Strauss Plant in Stoney Creek near Hamilton will close for 23 Days beginning dec. 21 the exact number of workers affected was not immediately known but the facility employs about 450 people. As a result of those shutdowns 100 hourly employees at the company s Brantford facility will be Laid off nov. 30, and 100 More on dec. 21. They will be off work indefinitely into the new year. Air Canada Sells interest in spa Montreal up air Canada has sold its remaining 10.2 per cent interest in spa group for a total gain of $26.3 million can before tax and $18 million after tax. Spa is an aircraft leasing company based in Ireland. The transaction occurred As part of a tender offer made by tag Serfi Lac a Texas Pacific group subsidiary and other current shareholders for approximately 61 per cent of spa s outstanding Ordinary shares. In. N pm  j 1 a i cent of spa s outstanding Ordinary shares. Quarter profits soar Tor Bristol aerospace Parent Cott Seming interest in menu foods Canadian press Toronto Magellan aerospace corp. Reported its profits More than doubled in the third Quarter. The Toronto aircraft parts and services company said yesterday it made $8.3 million in the three months ended sept. 30, compared with 3.9 million in the same 1997 period. Revenues jumped 59 per cent to $104.4 million. The company said revenues Are growing sharply As the company wins substantial new business in the Market due in part to the recognized technical and manufacturing expertise the corporation has assembled in its various operating for the nine months Magellan earned profits of $21.6 million up 169 per cent from $8 million last year. Nine month revenues jumped 77 per cent to $292.4 million. Magellan manufactures repairs and overhauls products for the International aerospace Industry through twelve subsidiaries and divisions. It owns such Well known companies As Bristol aerospace Ltd. Of Winnipeg and Fleet industries Ltd. Of fort Erie ont. Magellan shares Rose 35 cents to $9.05 on a trading volume of 43,300 on the Toronto Stock Exchange yesterday. The a Law.  Macaroni & cheese cans vegetables fruit meat  Rice  pasta drop off locations  All Safeway stores  All Royal Lepage offices  cheer Board warehouse 1817 Wellington Batons warehouse Wellington & Berry sponsored by cd big the free press it s Worth knowing global Safeway because we care 1999 is 300 includes Moon roof leather 6 disc cd in dash210 he v6, traction control Frt. And Side airbags Etc. $ 499 per month Mac 48 month lease with $7500 Down payment or your equivalent Trade to Woodhaven 3700 Portage ave. 889-3700 is fact #8 we Don t know what causes multiple sclerosis but research is closer to finding the answer. Multiple sclerosis society of Canada 1-800-268-7582 invitation Lor offers restaurant business Opportunity Ernst & Young inc. In its capacity As receiver of . Food services Ltd., formerly operating As Dai s family restaurant 314 Bond Street Winnipeg Manitoba is inviting offers from those parties who May wish to Purchase the receiver s right title and interest in the land building and equipment consisting of  land and building containing approximately 4,600 Square feet of main floor restaurant space plus upper level and basement storage areas  various restaurant equipment. To request an information package and terms and conditions of Sale or to make an appointment to View interested parties should Contact or. Rob Mcmahon 204 933-0213 or or. Brent Beekenkamp 204 933-0249 at Ernst & Young inc., 2700 commodity Exchange Tower 360 main Street Winnipeg Manitoba r3c 4g9, fax 204 956-0138. Ernst & Young inc. 2700 commodity Exchange Tower 360 main Siren Winnipeg Manitoba Canada r3c 4g9 Moffat communications limited notice of record Date notice is hereby Given in compliance with the Reyl regents of Canada business corporations act that the Board of directors of the corporation has fixed the close of business on december 8, 1998 As the record Date for determining the shareholders entitled to notice of and to vote at the annual meeting of the shareholders of the corporation to be held january 14,1999. Dated november 24,1998 Gary t. Brazzell . Secretary Row ;