Anheuser-Busch InBev to Invest Over $10 Million in US Breweries

Anheuser-Busch InBev SA/NV (NYSE:BUD) is included among the 10 Best Dividend-Paying Beverage Stocks to Buy Now.

Anheuser-Busch InBev to Invest Over $10 Million in US Breweries

Anheuser-Busch InBev SA/NV (NYSE:BUD) produces and sells beer in North America, the Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific. Its diverse portfolio of well over 500 beer brands includes names like Budweiser, Corona, and Stella Artois, etc.

Anheuser-Busch InBev SA/NV (NYSE:BUD) announced on May 21 that it would invest $5.8 million in a facility in Williamsburg, Virginia, to support the production of its Michelob Ultra beer. The news follows a similar announcement from the company on May 13, when it detailed a $5 million investment in its brewery in Columbus, Ohio.

This investment will also fuel the production of Michelob Ultra, which is currently the top-selling and fastest-growing beer in America, and Michelob ULTRA Zero, which is the country’s best-selling and fastest-growing non-alcoholic brew. Moreover, AB InBev revealed that it would also open a new ‘technical skills training center’ in Columbus to support the next generation of manufacturing professionals in Ohio. The brewing giant plans to open 15 such training centers across its facilities in the United States.

The moves come after Anheuser-Busch InBev SA/NV (NYSE:BUD) announced last month that it would invest $600 million in US manufacturing facilities over two ​years, in line with President Donald Trump’s ‘Made in America’ push.

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