| New 
                                      Name, New Look For Jim Beam Brands
 CHICAGO 
                                      (Dow Jones) 
                                      -- Flush with a portfolio of new tipples 
                                      and leaving an increasingly large global 
                                      footprint, Jim Beam Brands has given itself 
                                      the corporate equivalent of a makeover, 
                                      dropping its first name to emphasize the 
                                      new, more worldwide nature of its business. 
                                       While 
                                      it won't be formally announced until Monday, 
                                      the unit of Fortune Brands (FO)(FO) 
                                      is now operating under the "Beam Global 
                                      Wine & Spirits" moniker. The change 
                                      was sparked in large part by its $5 billion 
                                      acquisition of a stable of top-shelf liquor 
                                      and wine in the breakup and sell-off of 
                                      Allied Domecq last year. That deal brought 
                                      the company Sauza tequila, Courvoisier cognac, 
                                      Canadian Club whisky and a raft of new wines, 
                                      among other beverages.  Pernod 
                                      Ricard of France got the rest of the Allied 
                                      Domecq brands, with the exception of Bushmills, 
                                      which went to Diageo (DEO) 
                                      (DEO) 
                                      .  More 
                                      to the point, though, the Deerfield, Ill.-based 
                                      Beam more than doubled the size of its top 
                                      line to $2.5 billion, added a couple thousand 
                                      employees spread from Scotland to Mexico 
                                      to France -- and cut the percentage of sales 
                                      generated in the U.S. from 75% to about 
                                      half. The purchase also lifted Beam from 
                                      No. 7 to No. 4 among global spirits companies 
                                      and raised its contribution to parent Fortune 
                                      Brands (FO) 
                                      from 30% of operating income to 45% of operating 
                                      income.  The 
                                      new name is one way to bring together the 
                                      company's widely disparate workers -- from 
                                      the expert cognac taster to the employee 
                                      who sweeps up at the tequila factory, said 
                                      Beam Chief Executive Tom Flocco.  "We 
                                      want to get them all aligned with a common 
                                      purpose," he said. The company needed 
                                      an identity to reflect the recent changes 
                                      "while acknowledging the heritage upon 
                                      which we are built."  Jim 
                                      Beam may be in a league with a Colonel Sanders 
                                      or Ben & Jerry here in the U.S., but 
                                      the name loses resonance in far-flung parts 
                                      of the world. Fortunately, as Flocco pointed 
                                      out, the legendary distiller's last name 
                                      is pretty adaptable.  "It's 
                                      a name that works because it does have a 
                                      lot of flexibility inherent in it," 
                                      he said, noting that it could also refer 
                                      to a beam of light, a balance beam, a support 
                                      beam or even the beam of a ship.  "It 
                                      has the multiple entendre, but it also ties 
                                      back to a 200-year-old history," Flocco 
                                      said. "We didn't want to completely 
                                      sever our ties with the past."  The 
                                      eponymous bourbon, still the company's biggest 
                                      single brand, will keep its full name, and 
                                      the new corporate identity won't be appearing 
                                      on a bottle anytime soon -- with the exception 
                                      of commemorative liters of Jim Beam Black 
                                      handed out to each of the company's 4,000-plus 
                                      employees. 
 "The change is not as relevant to consumers 
                                      as it is to our employees, distributors 
                                      and retailers," he said. "We don't 
                                      get any benefit from putting Beam on the 
                                      back of bottle of Sauza."
 Along 
                                      with the new name comes a new logo, a stylized 
                                      "B" outlined against a red quality 
                                      seal or hallmark. The logo is designed to 
                                      represent the company's flagship brand and 
                                      legacy along with the craftsmanship that 
                                      goes into the products.  But 
                                      Flocco added that that after the logo was 
                                      set, he noticed something else about it: 
                                      "It could be a coaster."  Copyright 
                                      © 2006 Dow Jones & Company, Inc.  
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