Anheuser-Busch announced a new $7.4 million investment in its Los Angeles, Calif., Brewery. The investment will go toward upgrading brewing and packaging equipment to fuel increased production of Michelob ULTRA.
This latest $7.4 million investment in its Los Angeles Brewery is part of Anheuser-Busch's ongoing Brewing Futures initiative, through which the company is investing more than $300 million in its U.S. facilities to create and sustain U.S. manufacturing jobs.
Brendan Whitworth, CEO, Anheuser-Busch, says, "Investing in our Los Angeles Brewery enables us to brew and deliver more of the highest-quality beers and beyond that consumers love—including Michelob ULTRA, the #1 top-selling and fastest-growing beer in America. Investments like this one strengthen our position as a leading American manufacturer, allowing us to continue driving economic growth and creating and sustaining jobs in the communities where we operate."
Anheuser-Busch opened its Los Angeles Brewery in 1954. The company says it has invested $180 million in the brewery over the past five years, part of the nearly $2 billion it has invested in its 100 U.S. facilities over the past five years.
