AB InBev to Invest $300 Million in US Manufacturing Facilities

Reported about 8 hours ago

Anheuser-Busch InBev announced plans to invest $300 million in its US manufacturing operations this year, including a new plant in Columbus, Ohio. This investment comes as part of the company's strategy to boost local production and follow a significant $2 billion investment over the past five years. Despite a drop in sales volumes, the brewer reported a substantial rise in first-quarter profits, indicating a focus on key brands like Budweiser and growing at-home consumption.

Source: YAHOO

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