Anheuser-Busch (BUD) said Wednesday it is investing $4.2 million in its Williamsburg, Virginia, brewery to support brewing quality and improve its manufacturing equipment.
The latest investment builds on a $6.5 million investment in its facility in Virginia in 2024. For the past five years, the company has invested $2 billion in its breweries across the US, it said.
Shares of the company were up 1.9% in recent trading.
Price: 62.22, Change: +1.14, Percent Change: +1.86
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.