In 1873, Adolph Coors acquired Golden City Tannery and converted it to the Golden Brewery. By February 1874, they were producing beer for sale. In 1880, Coors purchased Schueler’s interest, and the brewery was renamed Adolph Coors Golden Brewery. When Prohibition began in Colorado in 1916, he converted his brewery to make malted milk. The company also manufactured porcelain and ceramic products made from clay mined in Golden. The Coors Porcelain division has since split off and is now known as CoorsTek. Three hundred thousand tourists flock to Golden, Colo. each year to pay homage to the Coors family beer business. Also in Golden is CoorsTek, Inc. is a privately owned manufacturer of technical ceramics for aerospace, automotive, chemical, electronics, medical, metallurgical, oil and gas, semiconductor and many other industries.
Andrew Coors, now a 5th generation principal, has made his own path. Mr. Coors is the founder and CEO of Steelhead Composites LLC. Based in Golden, Colorado, Steelhead Composites is a leading global manufacturer of lightweight high-pressure vessels, components, and large-volume storage systems for Hydrogen and other compressed gasses.
Previously, he was Principal at 9th Street Capital, a venture capital and private equity fund. Mr. Coors spent 6 years as Corporate Economist and Investment Strategist at Qualcomm Incorporated, a Fortune 500 company. Prior to joining Qualcomm, for 5 years he served as the Director of Research at Laffer Associates, a money management and institutional economic research and consulting firm.
He serves on various corporate Boards and has received numerous awards in industry including being named one of Treasury and Risk magazine‘s ’40 under 40’ Upwardly Mobile Finance Execs in 2007. Mr. Coors is a CFA Charterholder. He holds a Master’s degree in Economics from the University of California, San Diego and a Bachelor’s degree from Colorado State University.
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