Anheuser-Busch invests $23M in Fort Collins brewery

Seeking Alpha··US·Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Anheuser-Busch is investing $23 million in its Fort Collins, Colorado, brewery to increase production capacity for Michelob ULTRA and expand manufacturing skills training. The investment will add capabilities to produce 25-ounce cans and increase rail capacity at the brewery, strengthening transportation and distribution operations. The Budweiser parent will also open a technical skills training center at the facility, one of 15 such centers planned nationwide, and aims to provide additional skills training to more than 90% of its manufacturing workforce over the next five years. The Fort Collins investment is part of Anheuser-Busch's Brewing Futures initiative, under which the company plans to invest $600 million in its U.S. operations across 2025 and 2026. Anheuser-Busch said it has invested $93 million in its Fort Collins facilities since 2021; the brewery, which has operated since 1988, produces more than 48 brands, including Michelob ULTRA, Busch Light, Budweiser and Bud Light.

Impact on assets 1

Consumer Staples▲
Anheuser Busch Inbev NV ADR
BUD
▲ PositiveCapitalrelevance

Anheuser-Busch is investing $23M in its Fort Collins brewery to expand Michelob ULTRA capacity and add a training center, part of a $600M U.S. investment plan.