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.
Pittsburgh Food &amp; Beverage Company
After taking bids on all four companies, Clark and Wayne Candies were sold to Pittsburgh businessman James Clister for $3.2 and $1 million, respectively, with almost all of the Clark money going to pay the companies' outstanding loans. Wayne Candies' Fort Wayne factory, with about 50 empoyees, was shut down and operations were consolidated at Clark's O'Hara Township facility. The newly-formed Clark Bar America would sell the rights to Bun Bars in 1998 to Pearson's, also selling the former Leaf brands, Slo Poke and Brown Cow, to Gilliam Candy Company of Paducah, Kentucky, and would itself bankrupt in 1999, its assets going to the Revere, Massachusetts-based Necco. The remaining two Pittsburgh Food & Beverage subsidiaries were also sold. The 110 employee L. E. Smith Glass Co. went to the American Glass Company, Delaware-based but with a Pittsburgh-area owner, for $5.9 million. Keystone Brewing Company, consisting of Pittsburgh businessmen Joseph Piccirilli and James Gehrig, along with Ventura Global Capital Group, would offer $28.5 million for Pittsburgh Brewing, taking on its 325 employees but also $16.8 million assumed debt.