News

Anheuser-Busch unveils US$1.5bn investment in US

Most popular

The alcohol industry is about to become less sweet

Why a sale of Casella is no slam-dunk

How the sugar tax has transformed soft drinks

Pernod is back in Kentucky, but why did it leave?

The opportunity for no-alcohol in the on-premise

MORE

The US unit of Anheuser-Busch InBev is to invest more than US$1.5bn in its operations over the next three years, with about half going towards expansion projects in the country.

Anheuser-Busch is targeting brewery expansion

Anheuser-Busch is targeting brewery expansion

Anheuser-Busch said today the investment will help grow its brands and reinforce its commitment to the US market. The proposed spend follows a US$1bn investment from 2011 to 2014.

"We have demonstrated commercial success from recent investments which increases opportunity for future projects," said Joao Castro Neves, president of A-B InBev North America. "When we make investments in our local communities it is good for all stakeholders, including employees, local legislators and community leaders."

Of the new investment, an estimated $850m will be spent on brewery and packaging expansion projects, while $720m will go to sustaining and increasing efficiency of its existing footprint, A-B said. Meanwhile, $220m will be spent on product innovation.

Innovations that came from A-B's most recent three-year investment include:

  • A re-closable 16oz aluminium bottle in 2014 and a 25oz can in 2013
  • Expanding the Bud Light Lime Lime-A-Rita family to become a 2m-barrel brand
  • New cider products including Stella Artois Cidre and Johnny Appleseed?

Ongoing projects include:

  • A $150m expansion project at the St Louis-area Metal Container Corporation facility to increase production of Bud Light aluminium bottles.
  • A $45m project to build a new can line and warehouse at Fort Collins brewery to produce the slim,12-ounce can style
  • A $12m investment in the company's St Louis brewery for improvements
  • An $11m plan to develop and integrate new products, including Bud Light Mixxtails and Oculto across multiple breweries.

Last November, A-B InBev revealed it was making an unspecified number of job cuts in the US after a "detailed business review".


Sectors: Beer & cider

Companies: Anheuser-Busch InBev

Related Content

'Corngate' will be good for US beer - Anheuser-Busch InBev

'Corngate' will be good for US beer - Anheuser-Busch InBev ...

Anheuser-Busch InBev Q1 2018 results - Preview

Anheuser-Busch InBev Q1 2018 results - Preview...

Anheuser-Busch InBev attacks Miller Lite, Coors Light in Bud Light Super Bowl ad - video

Anheuser-Busch InBev attacks Miller Lite, Coors Light in Bud Light Super Bowl ad - video...

Anheuser-Busch InBev hits back at Molson Coors 'corngate' lawsuit

Anheuser-Busch InBev hits back at Molson Coors 'corngate' lawsuit...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?