Anheuser-Busch to Invest $300 Million in US Manufacturing, Expand Workforce Training

The brewer plans upgrades to facilities nationwide, new technical training in Ohio, and expanded support for veterans in manufacturing careers.
Anheuser-Busch to Invest $300 Million in US Manufacturing, Expand Workforce Training
The headquarters of Anheuser-Busch, Inc. in St. Louis on June 26, 2008. Joe Raedle/Getty Images
Chase Smith
Updated:
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Anheuser-Busch announced Monday it will invest $300 million in its U.S. operations this year, expanding its manufacturing footprint, workforce training programs, and veteran hiring efforts amid the push by the Trump administration to onshore and boost domestic production and manufacturing.
The new investment builds on nearly $2 billion the company has put into its facilities over the past five years, it said in a press announcement on May 12. The announcement comes after the brewer reported a rise in first-quarter profit last week, more than double the increase expected by analysts. It also comes among a spate of other companies, such as Johnson & Johnson, Corning, and IBM, making announcements in recent months that they will invest more in domestic production.

“This new $300 million investment in our manufacturing facilities across the U.S. is the latest example of Anheuser-Busch’s commitment to strengthening our local communities by creating and sustaining jobs and driving economic prosperity,” CEO Brendan Whitworth said. “Investing in our people and in new technologies and capabilities to drive industry and economic growth is core to who we are.”

The investment is part of the company’s “Brewing Futures” initiative, which focuses on three areas: upgrading manufacturing facilities, building a skilled workforce, and creating more opportunities for veterans, according to the company.

One of the initiative’s major components is the expansion of Anheuser-Busch’s Technical Excellence Center model, which seeks to upskill its workforce with additional technical training.

As part of that, a new regional training center will open in Columbus, Ohio, where the company plans to upskill the technical workforce there over the next three years. In addition to internal training, the facility will be accessible to trade school students and instructors in partnership with local institutions and the Manufacturing Institute.

“Anheuser-Busch has been a shining example of what ‘Made in America’ means, and their latest investment of $300 million builds on their longtime commitment to grow our workforce and expand U.S. manufacturing,” U.S. Secretary of Labor Lori Chavez-DeRemer said. “They are demonstrating exactly what it means to put American workers first, setting a standard for other companies to follow.”

The company said it is also increasing its support for veterans. Anheuser-Busch will be the first American manufacturer to adopt a digital credentialing system that translates military experience into manufacturing-relevant skills, the company added in its release.

It plans to train recruiters to recognize those credentials and match applicants to appropriate roles. More than 10 percent of the company’s workforce already consists of veterans or active-duty service members.

“Anheuser-Busch’s $300 million investment is more than a commitment to manufacturing in America—it’s a commitment to America’s future,” said Jay Timmons, president and CEO of the National Association of Manufacturers. “By expanding technical training and strengthening our industrial base in Columbus, and with their support of the Manufacturing Institute’s Heroes MAKE America initiative, they are opening doors of opportunity for manufacturing workers across this country. This investment will help fuel our economy, lift up communities and secure the promise of manufacturing in America for generations to come.”

Anheuser-Busch, based out of St. Louis, said it employs around 65,000 people nationwide and that 99 percent of the products it already sells in the United States are made domestically.

Reuters contributed to this report.
Chase Smith
Chase Smith
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Chase is an award-winning journalist. He covers national news for The Epoch Times and is based out of Tennessee. For news tips, send Chase an email at [email protected] or connect with him on X.
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