BEAM Inc

(NYSE: BEAM)
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83.27 Down -0.01 -0.01%
COMPANY ADDRESS
BEAM Inc
510 Lake Cook Road
Deerfield, IL 60015
USA - Map
Phone: +1 847 948-8888
Website
COMPANY INFORMATION
Exchange: New York Stock Exchange
Stock: Beam Inc
Industry: Beverages - Wineries & Distilleries
Employees: 3,300
DESCRIPTION
Beam Inc is incorporated under the laws of Delaware in 1985. On May 30, 1997, the Company’s name was changed from American Brands, Inc. to Fortune Brands, Inc. Following the spin-off on October 3, 2011, the Company became a standalone Spirits Company under the name Beam Inc. It is a spirits company that makes and sells branded distilled spirits products in major markets. The Company’s three reportable segments are the geographic regions of North America, EMEA and APSA. Each segment is engaged in the manufacture and sale of . Its products include bourbon whiskey, Scotch whisky, Canadian whisky, tequila, cognac, rum, cordials, and ready-to-drink pre-mixed cocktails. The Company’s portfolio consists of brands it identifies as Power Brands, Rising Stars, Local Jewels and Value Creators. The principal markets for its spirits products are the United States, Australia, Germany, Spain, the United Kingdom, and Canada, and continues to invest in emerging markets such as India, Brazil, Mexico, Russia, Central Europe, Asia, and other geographies. The Company operates its business on the basis of geographical regions, consisting of North America, Europe/Middle East/Africa, and Asia-Pacific/South America. Raw materials for the production, storage and aging of distilled products are corn and other grains for whiskies and other spirits, agave for tequila, molasses for rum, grapes for cognac and fortified wines, new or used oak barrels, and plastic and glass for bottles. The Company uses different business models to market and distribute its products in different regions. In the U.S., it sells products either to wholesale distributors for resale to retail outlets or, in those states that control alcohol sales, to state governments who then sell them to retail customers and consumers. The production, storage, transportation, distribution and sale of its products are subject to regulation by federal, state, local, and foreign authorities.
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Financial data in US dollars | Page generated 9:23 AM ET
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[BRIEFING.COM] The stock market ended the holiday-shortened week on a mixed note as the Dow Jones Industrial Average shed 0.1%, while the S&P 500 added 0.1% with seven sectors posting gains. Equity indices faced an uphill climb from the opening bell ... More
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