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Anheuser-Busch invests $1bn in US operations
Anheuser-Busch plans to invest more than $1bn in its breweries and other facilities nationwide that will support the growth of its brands and reinforce its commitment to local US communities where it operates.
These capital expenditures include resources spent or committed in 2011 toward projects to further modernise brewing processes, upgrade systems to reduce greenhouse gas emissions, and install equipment for new products and innovations, among other items, with additional allocations being made for projects through 2014.
Luiz Edmond, president of Anheuser-Busch InBev North America, said: “Our beer brands are the favourites of millions of US adults, and supporting their growth requires an ongoing commitment to quality, innovation and technologically advanced operations. Our employees, local leaders and communities where we operate are a part of our success, and we are pleased to make business investments that are good for all of our stakeholders.”
In addition to its breweries, Anheuser-Busch is investing in its agricultural operations and other facilities. For example, earlier this year the company announced a $40m investment in its Longhorn Glass facility in Houston (US). The project involved a re-bricking of the very heart of the plant, its furnace and expanded production capacity with the introduction of one of the fastest glass-forming machines in the world.
Source: Anheuser-Busch
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