Anheuser-Busch will invest more than 1.5 billion in its US operations during the next three years. The money will go towards upgrading the beer giant’s brewing, agriculture, packaging and distribution operations.
According to the company—whose brands include Budweiser, Goose Island, Michelob, Beck’s, Shock Top and Rolling Rock among others—an estimated $850 million will be spent on brewery and packaging expansion projects, $220 million on product innovation initiatives and $720 million in sustaining and increasing efficiency of its existing footprint.