Miller to Close Celis Brewery in Texas, Seeking Sale of Operation - TheStreet

Miller to Close Celis Brewery in Texas, Seeking Sale of Operation

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Miller Brewing

plans to close the Celis Brewery in Austin, Texas, and try to sell the operation.

Miller, a unit of

Philip Morris

(MO) - Get Report

, will shut down the brewery Dec. 31 as part of a plan to focus on its core brands, such as Miller Lite and Miller Genuine Draft.

Miller originally acquired a majority interest in Celis in 1995. In April, the company acquired full ownership when the family that owned a minority stake elected to sell its interest in the brewery to Miller, which purchased the Celis shares as part of a contractual obligation.