Item 2. PROPERTIES

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Item 2. PROPERTIES

As of February 12, 2019, our major facilities were owned (unless otherwise indicated) and are as follows:

FacilityLocationCharacter
U.S. Segment
Administrative officesChicago, Illinois(1)U.S. segment headquarters
Golden, ColoradoU.S. segment administrative office
Milwaukee, WisconsinU.S. segment administrative office
Brewery/packaging plantsAlbany, Georgia(2)Brewing and packaging
Elkton, Virginia(2)Brewing and packaging
Fort Worth, TexasBrewing and packaging
Golden, Colorado(2)Brewing and packaging
Irwindale, CaliforniaBrewing and packaging
Milwaukee, Wisconsin(2)Brewing and packaging
Trenton, Ohio(2)Brewing and packaging
Beer distributorshipDenver, ColoradoDistribution
Container operationsWheat Ridge, Colorado(3)Bottling manufacturing facility
Golden, Colorado(3)Can and end manufacturing facilities
Malting operationsGolden, ColoradoMalting
Canada Segment
Administrative officesMontréal, QuébecCorporate headquarters
Toronto, OntarioCanada segment headquarters
Brewery/packaging plantsMontréal, Québec(4)Brewing and packaging
Toronto, Ontario(4)Brewing and packaging
Vancouver, British Columbia(5)Brewing and packaging
Europe Segment
Administrative officesPrague, Czech RepublicEurope segment headquarters
Brewery/packaging plantsApatin, Serbia(6)Brewing and packaging
Bőcs, HungaryBrewing and packaging
Burton-on-Trent, U.K.(6)Brewing and packaging
Haskovo, BulgariaBrewing and packaging
Niksic, MontenegroBrewing and packaging
Ostrava, Czech RepublicBrewing and packaging
Ploiesti, Romania(6)Brewing and packaging
Prague, Czech Republic(6)Brewing and packaging
Tadcaster Brewery, Yorkshire, U.K.(6)Brewing and packaging
Zagreb, CroatiaBrewing and packaging
(1)We lease the office space for our U.S. segment headquarters in Chicago, Illinois.
(2)The Golden, Trenton, Albany, Elkton and Milwaukee breweries collectively account for approximately 75% of our U.S. production.
(3)The Wheat Ridge and Golden Colorado facilities are leased from us by RMBC and RMMC, respectively.
(4)The Montréal and Toronto breweries collectively account for approximately 79% of our Canada production. As part of our ongoing strategic review of our Canadian supply chain network, in the third quarter of 2017 we announced the plan to build a more efficient and flexible brewery in the greater Montreal area. As a result of this decision, we have begun to develop plans to transition out of our existing Montreal brewery, and are in the process of actively

negotiating the sale of the property with targeted completion of the sale in the second quarter of 2019. The brewery continues to be operational, and as part of the sale, we anticipate leasing back the property for continued use until the new brewery is operational, which is currently expected to occur in 2021.

(5)We lease two brewing and packaging facilities in British Columbia. As a result of the continuation of our Canadian strategic review, during 2016 we completed the sale of our Vancouver brewery. In conjunction with the sale of the brewery, we agreed to leaseback the existing property to continue operations on an uninterrupted basis while the new brewery is being constructed. The final closure of the brewery is currently expected to occur in the third quarter of 2019.
(6)The Burton-on-Trent, Prague, Ploiesti, Apatin and Tadcaster breweries collectively account for approximately 71% of our Europe production.

In addition to the properties listed above, we have smaller capacity facilities, including craft breweries and cideries, in each of our segments. We own and lease various warehouses, distribution centers and office spaces throughout the United States, Canada and Europe.

We also lease offices in Colorado, the location of our Corporate and International segment headquarters, as well as various warehouse and office spaces within the United States and international countries in which our International segment operates. We believe our facilities are well maintained and suitable for their respective operations. In 2018, our operating facilities were not capacity constrained.

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