Market research
The US arm of Anheuser-Busch InBev is set to invest up to US$80m in its can-producing facility in Missouri.
//i4.progressivedigitalmedia.com/1/Logo_ABInBev.jpgAnheuser-Busch (A-B) announced yesterday that it will spend between $70m and $80m on Metal Container Corporation, located in the town of Arnold on the outskirts of A-B's hometown of St Louis. The unit, which manufactures cans for A-B as well as the likes of PepsiCo and Monster Beverage Corp, will see its facilities grow in size by around 100,000 square feet once construction has been completed, in 2013.
The move forms part of A-B's plans, announced in October, to invest $1bn in its facilities nationwide over the next three years.
The investment has been made possible through a property tax abatement programme in collaboration with the City of Arnold and Jefferson County. Missouri Quality Jobs, a programme set up by the state's Department of Economic Development, has also contributed incentives to the project.
Metal Container Corporation, a subsidiary of Anheuser-Busch, supplies around 45% of the brewer's beer cans and 55%of its lids for the US.
The company also has can facilities in Jacksonville, Florida, Mira Loma in California, Newburgh in New York and Windsor, Colorado. Lid plants are in Oklahoma City in Oklahoma and Riverside, California.
Sectors: Beer & cider
Companies: Anheuser-Busch InBev, PepsiCo
