Anheuser-Busch InBev is injecting $300m into its US manufacturing operations this year.

The group invested an identical sum in its production sites in 2025.

AB InBev’s US arm, Anheuser-Busch, plans to use the fresh capex to invest in its supply chain and in technology projects, although it declined to share specific details.  

The Budweiser brewer is aiming to increase production and invest in packaging for brands including Michelob Ultra. 

Alongside the investment, Anheuser-Busch is opening 15 technical skills training centres at its facilities nationwide, the group said in a statement yesterday (22 April). 

The centres will be used to train employees and provide them skills in areas including digital tools, and mechanical and electrical systems. 

In the statement, Anheuser-Busch CEO Brendan Whitworth said: “By strengthening our manufacturing operations, we are creating sustainable careers – not just jobs – and investing in the people who are vital to our success.”  

The company said it aims to upskill more than 90% of its US manufacturing workforce over the next five years.  

In 2025, AB InBev reported group revenue of $59.32bn, down 0.8% year on year on a reported basis but up 2% organically. Normalised EBIT rose 2.5% to $15.85bn, or 7% organically.  

For the fourth quarter, reported revenue increased 4.8% to $15.55bn and rose 2.5% organically. Normalised EBIT climbed 5.9% to $4.04bn, or 4.5% organically.  

In the US, full-year revenue 1.3%, with revenue per hectolitre increasing 2%. Sales to retailers declined by 3.2% but AB InBev said the result was "estimated to have outperformed the industry". Sales to wholesalers were also down by 3.2%.

Fourth-quarter revenue for the group's US declined 1.4% and EBITDA fell 6.2%,

During 2025, Michelob Ultra was "the number-one volume share gainer" in the US "and is now the leading brand by volume in the industry", AB InBev said in its results commentary in February.