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Anheuser-Busch invests $21M to boost Michelob ULTRA and Cutwater production in California.

Market News
17 Sep 2026
PRNewsWire
View Source
Bullish
Anheuser-Busch invests $21M to boost Michelob ULTRA and Cutwater production in California.

Anheuser-Busch announced a $21 million investment in its Los Angeles and Mira Loma facilities to increase production of Michelob ULTRA, the fastest-growing beer in the U.S., and Cutwater Spirits, the top spirits-based cocktail brand. This investment is part of the company's $600 million Brewing Futures initiative aimed at expanding manufacturing capacity, upgrading operations, and enhancing workforce skills through new technical training centers. The move supports job creation and economic growth in California, with plans to upskill over 90% of its U.S. manufacturing workforce over the next five years. Local officials praised the investment for strengthening the regional economy and manufacturing careers.

As of Sep 17, 2026 22:12 WIB, Anheuser-Busch Inbev SA (BUD) shares trade at USD 78.93 on Pluang, down 1.21% for the day. The stock maintains a dividend yield of 1.68% and a market capitalization of $156.85 billion. Despite the recent investment news, Pluang users show strong buying interest with 100% buy orders recorded.

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