Anheuser-Busch Investing $9.2M in Cartersville, GA Brewery to Drive Local Economic Growth & Meet Increased Demand for Michelob ULTRA - the #1 Fastest-Growing Beer in the U.S.
Rhea-AI Summary
Anheuser-Busch (NYSE: BUD) has announced a $9.2 million investment in its Cartersville, Georgia Brewery to enhance production capacity for Michelob ULTRA, currently the fastest-growing beer brand in the U.S. This investment is part of the company's broader Brewing Futures initiative, which commits over $300 million to U.S. facilities.
The Cartersville facility, opened in 1993, has received over $230 million in investments since 2020. The brewery produces 48 different products distributed to 32 U.S. states. This latest upgrade aligns with Anheuser-Busch's larger investment strategy, having invested nearly $2 billion across its 100 U.S. facilities over the past five years.
Positive
- Investment of $9.2M to expand production capacity for fastest-growing beer brand
- Part of larger $300M+ commitment to U.S. facilities through Brewing Futures initiative
- Significant investment history with $230M invested in Cartersville since 2020
- Strong market position with Michelob ULTRA as #1 beer in Southeast U.S.
- 99% of products sold in U.S. are manufactured domestically
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BUD declined 1.33%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
LEADING AMERICAN MANUFACTURER CONTINUES ONGOING INVESTMENTS IN
This latest
Brendan Whitworth, CEO, Anheuser-Busch, said: "Our latest investment in
Anheuser-Busch opened its Cartersville Brewery in 1993. The company has invested over
Georgia State Representative Matthew Gambill (R-
Anheuser-Busch produces 48 different products at its Cartersville Brewery, which are then shipped across the country to 32 U.S. states. The latest investment will expand the brewery's capacity to produce fast-growing brands like Michelob ULTRA, ultimately bringing more high-quality products to customers and consumers while supporting local communities and jobs.
For over 20 years, Michelob ULTRA has been synonymous with championing an active lifestyle. Through investments like this one in
Building on more than 165 years of continuous investment in its people, breweries, and communities, Anheuser-Busch's Brewing Futures initiative supports American manufacturing through three key pillars:
1) creating and sustaining manufacturing jobs
2) advancing technical skills training
3) strengthening manufacturing career opportunities for veterans
ABOUT ANHEUSER-BUSCH
At Anheuser-Busch, our purpose is to create a future with more cheers. For more than 165 years, we have delivered a legacy of brewing great-tasting, high-quality beers that have satisfied beer drinkers for generations. 99 percent of the products we sell in the
We are home to the nation's most iconic beer and beyond beer brands, including Michelob ULTRA, Busch Light, Budweiser, Bud Light, Stella Artois, and Cutwater, as well as industry-leading regional craft brands. From our longstanding efforts to support American farmers, military, veterans, and first responders, to emergency drinking water donations and responsible drinking programs, we are guided by our commitment to the communities we call home and the 65,000 hardworking Americans who bring our beer to life. That's who we are. For more information, visit www.anheuser-busch.com or follow Anheuser-Busch on LinkedIn, X, Facebook, and Instagram.
ABOUT MICHELOB ULTRA:
Introduced in 2002, Michelob ULTRA is the No. 1 fastest growing beer in the industry*. With just 95 calories, 2.6 carbs and no artificial flavors or colors, it is a superior light beer that celebrates the active, balanced lifestyle of its drinkers that includes both fitness and fun. Michelob ULTRA's choice of grains and extended mashing process leads to its refreshing taste and fewer carbohydrates. It is brewed with the finest barley malt, rice, hops, and a pure-cultured yeast strain, all of which reflect Anheuser-Busch's commitment to brewing quality. Michelob ULTRA reminds you to always drink, and sweat, responsibly. For more information, visit MichelobULTRA.com or follow @MichelobULTRA on Facebook, X, Instagram and YouTube. (*Circana Total US MULC)
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SOURCE Anheuser-Busch