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September 26, 2014

Coors Family Firm Donates $26.9-Million to Colo. College

The Colorado School of Mines has received a $26.9-million gift from technical-ceramics firm CoorsTek to develop a new center for engineering and applied science, The Denver Post reports. The facility will be named for the Golden, Colo., company, which is owned by the Coors family and produces ceramics for a variety of technologican and industrial uses.

About $20-million of the gift will go toward the 95,000-square-foot building, covering nearly half its construction budget. The remaining funds will be used to equip the new center and establish a research fellowship program. CoorsTek CEO John Coors, a great-grandson of brewing magnate Adolph Coors, is a graduate of the college.