The loss of two mainstays of northern Tasmania's economy could cost the region a million dollars a week, local leaders say. Tuesday's announcement that Boag's plans to stop beer production in Launceston after 145 years followed news that AFL club Hawthorn would not be extending its relationship with the city beyond 2027. Now, business and community leaders have vowed to "get to work" to shore up the region's economic future. It comes as 42 local jobs face the axe.