Sector News

Brewery giant AB InBev to invest $1.5bn into US operations

June 24, 2015
Food & Drink
Anheuser-Busch InBev, the largest brewer in the world, is planning to spend $1.5bn investing in its US operations over the next three years.
 
The Belgium-headquartered group, whose brand portfolio includes Budweiser and Stella Artois, is planning to put up $850m to expand its brewing and packaging activities.
It is also spending $220m on product development and $720m on efficiency enhancements at existing facilities.
 
“Our beers lead their categories because we hold quality at the centre of every beer we produce and invest in our brands through talented people, new innovation and advanced operations,” said Joao Castro Neves, president of AB InBev North America.
 
“We have demonstrated commercial success from recent investments which increases opportunity for future projects.”
 
By Benjamin Chiou 
 

comments closed

Related News

November 28, 2021

“Free from” trends take on myriad of meanings as health and environmental concerns come into sharper focus

Food & Drink

Free-from is becoming much more mainstream, moving beyond food allergens and intolerances. While it’s still vital to innovate products for lactose intolerance, gluten allergies and so forth, the umbrella term of free-from has taken on many different meanings.

November 28, 2021

Arla Foods Ingredients unveils milk fractionation tech for infant, sports and medical nutrition

Food & Drink

Arla Foods Ingredients (AFI) is targeting infant formula, sports nutrition and medical nutrition with its new patented milk fractionation technology that separates milk proteins from whey, bypassing the need to make cheese. The Denmark-based company says this move enables scientists, nutritionists and health professionals to create “next-generation” dairy products.

November 28, 2021

Oatly opens first Chinese production facility

Food & Drink

Located in Ma’anshan, Anhui province, the facility has the potential to produce an estimated 150 million litres of oat-based products annually at full capacity. The opening comes just a few months after Oatly – which claims to have established a new Chinese character for ‘plant-based milk’ – inaugurated its first Asian factory in Singapore.

Send this to a friend