After the World War II, Sir Gerald Wight, then Chairman of Alstons and Company Limited (now McEnearney Alstons Limited), saw the need and opportunity to expand local (Trinidad and Tobago) industry from the traditional sugar and oil-based economy. He pushed for the establishment of a new brewery and a Glassworks factory and in July of 1947, the Caribbean Development Company Limited (CDC) was formed with Sir Gerald Wight as its Chairman. The Brewery started with an initial payroll of seven (7) persons. In September 1950, the Brewery launched its own beer, Carib Lager beer, before which foreign imported beers were available to the population. However, with the advent of Carib, the imported beers began to disappear from the market, as Carib's popularity increased. In 1957, CDC acquired the brewing plant and interests of its local competitor, Walters' Brewery. By 1957, therefore, CDC was the sole brewer and bottler of beer and stout in Trinidad. The Brewery has over time, formed partnerships with International Companies such as Guinness, Interbrew, Carlsberg, Ginseng-Up Corp and Diageo, and as a result several international brands are produced under license for local and export consumption. These include Guinness stout, Mackeson stout, Ginseng-Up, Carlsberg beer and Smirnoff Ice.