Anheuser-Busch is the US arm of A-B InBev

Anheuser-Busch is the US arm of A-B InBev

Anheuser-Busch's unionised brewery workers have signed-up to a new five-year contract that will give each employee an average US$24,000 in extra wages and benefits over the term.

About 4,500 International Brotherhood of Teamsters members voted to ratify the contract, valued at about US$2bn, the union said yesterday (30 April). The deal is retroactive to 1 March and covers employees at all 12 Anheuser-Busch facilities in the US.

Anheuser-Busch, the US subsidiary of Belgium-headquartered Anheuser-Busch InBev, opened talks on the new deal in February. Previously, an analyst had warned that the agreements could lead to higher costs for the brewer.

Yesterday, Teamsters general president Jim Hoffa said: “This new contract with Anheuser-Busch ensures that Teamsters will continue to be the highest-compensated brewery workers in the United States.”

Last week, Anheuser-Busch InBev appointed a former Goose Island marketing director to lead its newly-acquired asset Blue Point Brewing Company.