Brewer's Latest Investment Strengthens Local
Economy and Brewing Excellence with Multimillion-Dollar
Commitment
LOS
ANGELES, Sept. 25, 2024 /PRNewswire/ --
Anheuser-Busch (NYSE:BUD), America's leading brewer and maker of
Michelob ULTRA, Busch Light,
Budweiser and Bud Light, today announced a new $16 million investment in its Los Angeles brewery. Over the past 5 years,
Anheuser-Busch has invested nearly $2
billion in its facilities across the country to help create
and sustain jobs and drive economic prosperity in the communities
where it operates and its employees call home.
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 Los
Angeles brewery, we're not only improving our capabilities
but also contributing to the prosperity of the communities we
serve."
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 Los Angeles brewery, a
cornerstone of Anheuser-Busch's operations since 1954, has played a
crucial role in the $2.6 billion
capital investments the brewer has made in California, to date. Anheuser-Busch operates
more than 120 facilities across the country and, with its
distributors, employs 65,000 hardworking Americans. As the nation's
leading brewer, Anheuser-Busch has the unique ability to create
U.S. jobs and drive economic prosperity at this scale.
Eric Gutierrez, General Manager
of the Anheuser-Busch Los Angeles Brewery, emphasized the
significance of this investment: "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."
Stuart Waldman, President of The
Valley Industry & Commerce Association, welcomed the
investment, stating, "Anheuser-Busch has been an important part of
the Los Angeles community for
decades and their continued investment in the local economy helps
provide ongoing economic opportunities for the working people of
Southern California. We're
grateful that Anheuser-Busch remains a partner committed to driving
economic growth and prosperity for the San Fernando
Valley."
With over 3,400 employees across 14 facilities in California, Anheuser-Busch remains dedicated
to being a key economic driver in the state and maintaining its
position as the leader in the American brewing industry.
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 the United States who bring our beer to life.
We are home to several of America's most iconic beer and beyond
beer brands, including Michelob ULTRA, Cutwater Spirits, Stella
Artois, Budweiser, and Bud Light as well as regional brands that
provide beer drinkers with a choice of the best-tasting craft beers
in the industry. From our industry-leading efforts to support
American farmers and our nation's military, veterans, and first
responders to emergency drinking water donations and responsible
drinking programs, we are guided by our unwavering commitment to
supporting the communities we call home – that's who we are. For
more information, visit www.anheuser-busch.com or follow
Anheuser-Busch on LinkedIn, X, Facebook,
and Instagram.
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SOURCE Anheuser-Busch