Anheuser-Busch Invests $16M to Bring Increased Capabilities and Capacity to Los Angeles Brewery
Rhea-AI Summary
Anheuser-Busch (NYSE:BUD) has announced a $16 million investment in its Los Angeles brewery, part of nearly $2 billion invested in its facilities across the U.S. over the past 5 years. The investment aims to:
- Expand packaging capabilities for 'beyond beer' brands
- Increase production capacity for 25-ounce cans
- Upgrade facilities for water conservation and reduced emissions
The Los Angeles brewery, operational since 1954, is part of Anheuser-Busch's $2.6 billion capital investment in California. The company operates over 120 facilities nationwide, employing 65,000 Americans. In California alone, Anheuser-Busch has 3,400 employees across 14 facilities, reinforcing its commitment to economic growth and maintaining leadership in the American brewing industry.
Positive
- $16 million investment in Los Angeles brewery
- Expansion of packaging capabilities for 'beyond beer' brands
- Increased production capacity for 25-ounce cans
- Facility upgrades for water conservation and reduced emissions
- Part of $2 billion investment in U.S. facilities over past 5 years
- $2.6 billion capital investment in California to date
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, BUD declined 1.59%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Brewer's Latest Investment Strengthens Local Economy and Brewing Excellence with Multimillion-Dollar Commitment
Brendan Whitworth, CEO of Anheuser-Busch, stated, "Investing in the communities where our people live and work is part of who we are. At Anheuser-Busch, we've been producing high quality, great tasting products for generations, and through continued investments in our facilities like our
Key Highlights of the Investment:
- Expansion of packaging capabilities for the company's "beyond beer" brands like Cutwater and NUTRL, including variety packaging
- Increased production capacity for 25-ounce cans to meet increasing consumer demand
- Facility upgrades to enhance water conservation and reduce boiler emissions
The
Eric Gutierrez, General Manager of the Anheuser-Busch Los Angeles Brewery, emphasized the significance of this investment: "This is a pivotal moment for the
Stuart Waldman, President of The Valley Industry & Commerce Association, welcomed the investment, stating, "Anheuser-Busch has been an important part of the
With over 3,400 employees across 14 facilities in
For more on Anheuser-Busch's economic impact visit www.anheuser-busch.com/community/economic-impact or follow Anheuser-Busch on LinkedIn, X, Facebook, and Instagram.
ABOUT ANHEUSER-BUSCH
At Anheuser-Busch, our purpose is to create a future with more cheers. We are committed to earning our place in the moments that matter to our consumers and making a meaningful impact in our communities across the country. For more than 165 years, Anheuser-Busch has carried on a legacy of brewing great-tasting, high-quality beers that have satisfied beer drinkers for generations.
Today, we own and operate more than 120 facilities, including breweries, wholesaler distribution centers, agricultural facilities, and packaging plants, and have a dedicated network of more than 65,000 hardworking Americans across
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SOURCE Anheuser-Busch