Anheuser-Busch Boosts Domestic Manufacturing Investment to $600 Million

MT Newswires Live04-22

Anheuser-Busch (BUD) said Wednesday it is raising its capital investment for domestic operations to $600 million through 2026.

The company will also launch 15 educational facilities to provide advanced mechanical, electrical, and digital training to personnel, the company said.

Anheuser-Busch aims to upgrade the operational capabilities of more than 90% of its production staff over the coming 5 years while collaborating with local vocational programs, Anheuser-Busch said.

The business is also working with the Manufacturing Institute to help military veterans transition into private sector roles using a specialized credentialing network translating military experience into relevant industry qualifications, Anheuser-Busch said.

Price: 72.72, Change: -0.08, Percent Change: -0.10

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