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yesterday

AB InBev Sets $30 Million Jacksonville Upgrade, $3 Billion U.S. Can-Plant Buyback

The brewer is pairing fresh Florida capital with a metal-container stake reacquisition to secure supply for surging Michelob Ultra demand.

Empty Leffe bottles are seen on the bottling line at Anheuser-Busch InBev brewery in Leuven, Belgium November 25, 2019. Picture taken November 25, 2019. REUTERS/Francois Lenoir
Image
An Anheuser-Busch Companies, LLC facility is seen, Wednesday, Feb. 28, 2024, in Cartersville, Ga. Budweiser brewer Anheuser-Busch has reached a contract agreement with the Teamsters union that avoids a strike at its U.S. plants. The union had threatened a strike at the brewers 12 U.S. plants if an agreement on a new five-year contract wasnt reached by 11:59 p.m. EST Thursday. (AP Photo/Mike Stewart)

Overview

  • Anheuser-Busch will invest $30 million in its Jacksonville brewery and can plant to upgrade brewing and packaging equipment for more Michelob Ultra output under its Brewing Futures initiative.
  • The Jacksonville work includes upgrades to bottling lines and brewing tanks to boost capacity for fast-growing brands.
  • Market trackers report Michelob Ultra as the top-selling beer nationwide and in Florida, and AB InBev’s CEO previously described it as the U.S. volume leader in 2025.
  • Separately, AB InBev will buy back a 49.9% stake in its U.S. metal container plants for about $3 billion, with aluminium costs elevated due to tariffs.
  • The company cites ongoing U.S. investment of more than $300 million last year, over $100 million in Jacksonville since 2021, and local officials tout job and economic benefits.