Budweiser-maker Anheuser-Busch lays out $600 million investment plan for US facilities
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A worker checks beer quality at Anheuser-Busch InBev brewery in Leuven, Belgium November 25, 2019. REUTERS/Francois Lenoir/File Photo
April 22 (Reuters) - Anheuser-Busch InBev is investing $600 million in U.S. manufacturing facilities over two years, the American subsidiary of the world's top brewer said on Wednesday, in line with President Donald Trump's 'Made in America' push.
• The company, which had earlier announced a $300 million investment in its U.S. facilities for 2025, said its expanded investment would now total $600 million across both 2025 and 2026.
• Several global firms over the last year have increased investments in the U.S. to avoid tariffs and align with the Trump administration's policy to localize more manufacturing in the country.
• Anheuser-Busch said the investments will advance technology systems, support its workforce and supply chain through various campus upgrades and increase production and packaging capabilities for brands like Michelob ULTRA.
• The brewer plans to use the investments to open 15 technical skills training centers across its U.S. facilities.
• It will also upskill more than 90% of its manufacturing workforce in the country over the next five years.
(Reporting by Sanskriti Shekhar in Bengaluru; Editing by Jonathan Ananda)
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