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Beer giant Anheuser-Busch America's has revealed plans to invest $16 million in its brewery in Los Angeles, US.
The maker of Budweiser and Bud Light expects the funding to expand packaging capabilities for the company's ‘beyond beer’ brands such as its Cutwater canned cocktails and NUTRL vodka seltzers, including variety packaging.
It will also be used to increase production capacity for 25-oz cans to meet increasing consumer demand and will see the installation of facility upgrades to enhance water conservation and reduce boiler emissions.
Eric Gutierrez, general manager of the Anheuser-Busch Los Angeles brewery, commented: "This is a pivotal moment for the Los Angeles brewery. These investments equip us with the unique opportunity to stay at the forefront of brewing excellence and innovate in new ways that meet consumer needs. We've been a proud member of the Los Angeles community for nearly 70 years, and this ongoing investment not only boosts the local economy but fosters growth for Anheuser-Busch, while supporting our dedicated employees."
Anheuser-Busch CEO Brendan Whitworth stated: “Investing in the communities where our people live and work is part of who we are...through continued investments in our facilities like our Los Angeles brewery, we're not only improving our capabilities but also contributing to the prosperity of the communities we serve”.
This is the latest in a number of investments from Anheuser-Busch this year. In August, the brewing giant invested $6.5 million in its Williamsburg brewery in Virginia, US to drive efficiency across the facility and enhance the capacity and capabilities of the brewery's warehouse. The month prior, the firm unveiled plans to invest $7 million in its Fairfield brewery in California, US, to facilitate capital infrastructure projects, and in May, it injected $15.5 million into upgrades at its facility in Fort Collins, Colorado, US.
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