Tou BeerRingnes AS, which took over the production of bottled Tou beer, decided in 2003 to shut down its production in Stavanger leaving 107 people without a job. Bottled Tou beer was a local icon for Stavanger.
This was one of the latest setbacks for local industry after known local companies like DBS (bicycles), Kvernaland (farming equipment), Scanem (sardine cans) and Norway Foods had either shut down or moved. Rosenberg shipyard was also up for sale. The difference with Tou was the fact that the Tou Brewery was in such a good financial position. Ringnes AS is owned by Carlsberg Breweries which is a result of the fusion between Norwegian Orkla and Danish Carlsberg, in 2001.
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