As part of its ongoing effort to drive economic prosperity in communities across the U.S., Anheuser-Busch (A-B) is investing $1 billion in its facilities over the next two years to boost the country's economic recovery amidst the ongoing pandemic.
The capital expenditure program, announced in February, spans 26 states and will expand Anheuser-Busch's operations, support ongoing industry job creation and retention. The U.S. beer industry creates more than 2 million jobs and generates more than $331 billion in economic activity each year.
“Our planned $1 billion investment in our facilities over the next two years is about supporting our local communities by creating and sustaining jobs during our nation's critical period of recovery,” said Brendan Whitworth, CEO of Anheuser-Busch.
The two-year commitment kicked off with the announcement that Anheuser-Busch will expand and upgrade capabilities across four breweries to produce our premium lager, Stella Artois, in the United States. An additional $296 million will be spent on production and distribution across the country. Producing Stella Artois in the U.S. will also make a positive impact on the environment as it will result in a reduction of 7,074 metric tons of CO2 annually, aligned with our 2025 Sustainability Goals.
A month later came the announcement that a full-scale production facility would be opened in St. Louis, Missouri, the city Anheuser-Busch has called home for more than 160 years. The site will serve as the primary U.S. operation for Evergrain, a sustainable ingredient company backed by AB InBev, that turns high-quality barley grains used to brew beer into a variety of food and beverage products.
In Colorado, construction is already underway for an $18.2 million investment in the Anheuser-Busch brewery in Fort Collins, which employs 600 people. The project is expected to be completed by year-end and will increase and enhance the site's brewing and packaging capacity and capabilities to meet consumer demand while reducing its overall environmental impact.
Nearly $100 million of the overall $1 billion planned investment will go towards sustainability projects including solar panel installments, water treatment and other similar initiatives.
In August, Anheuser-Busch announced production and sustainability improvements at its Los Angeles brewery. The $64 million project will increase new product capabilities and can capacity to meet consumer demand while reducing the site's overall environmental footprint with the installation of new solar panels, and utilities and emissions reductions.
With the upgrades, the location will have the largest solar installation of any brewery in the United States, accounting for more than 10% of its total electricity use. It will also brew more than 100 brands – more than any other brewery in the Anheuser-Busch network.
“For over 60 years, we have been proud to be a part of the Los Angeles community,” said Eric Gutierrez, Senior General Manager of the Anheuser-Busch Los Angeles brewery. “With this investment, we are continuing our support for the local economy and reaffirming our leadership on sustainability and product innovation.”