Pearl Brewing Company
The Pearl Brewing Company (also known as the Pearl Brewery or just Pearl) was an American brewery, established in 1883 in Downtown San Antonio, Texas, USA. In 1985, Pearl's parent company purchased the Pabst Brewing Company and assumed the Pabst name. In 1999, the Pabst Brewing Company began transferring its production to Miller Brewing, on a contract basis, and closing all of its breweries. Pearl beer is still in production at Miller's Ft. Worth, Texas facility, but the Pearl Brewery in San Antonio was closed in 2001. Since then, the former brewery was purchased by Silver Ventures, Inc., which has made the property the crown jewel in revitalization efforts of southern Midtown and northern Downtown San Antonio.
Pearl Brewing Company
Pearl was successful, not only in Texas, but on a national level, as well. Larger companies saw this success and made many attempts to buy out Pearl and their beers. Almost all offers were never even considered. In what would turn out later to be ironic, one company came very close to buying out the Pearl Brewing Company in the 1950s: Pabst Brewing Company. B.B. McGimsey, who was Pearl's plant manager, shareholder, and the face of Pearl at most events, began gaining support to sell the brewery off. McGimsey was a charismatic leader whom most of the employees liked and respected. McGimsey's influence also reached other board members, and when the offer came from Pabst, it was not as easily dismissed. Details of the offer have long been lost, but one can surmise it was a good deal given the consideration given to it by Pearl. McGimsey believed that Pearl's stance as an independent Texas brewer would never allow them to truly compete on a national level with brewers from St. Louis and Milwaukee. Ultimately, the sale to Pabst was defeated by Otto A. and the other shareholders, but only by the slimmest of margins. Pearl maintained its independence, for now.