Anheuser-Busch (NYSE: BUD) says it intends to spend $300 million on its manufacturing operations nationwide. The St. Louis, Missouri–based company — which operates a plant on Route 31 in the town of Lysander — is calling the investment its Brewing Futures initiative. The announcement didn’t provide any specifics on what improvements it plans to make […]
Anheuser-Busch (NYSE: BUD) says it intends to spend $300 million on its manufacturing operations nationwide.
The St. Louis, Missouri–based company — which operates a plant on Route 31 in the town of Lysander — is calling the investment its Brewing Futures initiative.
The announcement didn’t provide any specifics on what improvements it plans to make at individual facilities, including the one in Lysander.
With the May 12 announcement, the company contends it has “proudly expanded its commitment to creating and sustaining U.S. manufacturing jobs.”
Anheuser-Busch is the maker of Michelob ULTRA, Busch Light, Budweiser and Bud Light. Its Brewing Futures initiative supports American manufacturing through three key pillars.
They include “creating and sustaining manufacturing jobs” by investing more than $300 million in local communities and facilities in 2025, adding to the nearly $2 billion invested over the past five years.
The second pillar is “building the manufacturing workforce for the future” by expanding its “best-in-class” Technical Excellence Center model beyond its hometown of St. Louis, starting with a new regional facility in Columbus, Ohio, and providing access to local trade schools.
The third pillar is “strengthening manufacturing career opportunities for veterans” by leading the industry in adoption of a new digital-credentialing system to support veterans in pursuing manufacturing careers, per the Anheuser-Busch announcement.
“This new $300 million investment in our manufacturing facilities across the U.S. is the latest example of Anheuser-Busch’s commitment to strengthening our local communities by creating and sustaining jobs and driving economic prosperity,” Brendan Whitworth, CEO, Anheuser Busch said. “Investing in our people and in new technologies and capabilities to drive industry and economic growth is core to who we are.”
“Anheuser-Busch has been a shining example of what ‘Made in America’ means, and their latest investment of $300 million builds on their longtime commitment to grow our workforce and expand U.S. manufacturing,” U.S. Secretary of Labor Lori Chavez-DeRemer said in the announcement. “They are demonstrating exactly what it means to put American workers first, setting a standard for other companies to follow.”
