1 hr. ago
Anheuser-Busch InBev has invested in the production of its Cutwater spirits RTDs, a brand the brewing giant has said is enjoying rapid sales growth.
The company is spending $13m at its facility in Baldwinsville in New York state, part of which will also go towards the manufacturing of its Michelob Ultra beer brand.
The capital injection is part of the group's plan to invest $300m across its US production this year. AB InBev also invested the same amount in its production sites in 2025.
In a statement, the Stella Artois brewer said the move is going to "add new production capabilities for Cutwater to help meet rapidly growing demand".
The capital injection will also grow production of Michelob Ultra and "upgrade can and bottle lines", the group said.
#production #inbev #michelob #capital
The company is spending $13m at its facility in Baldwinsville in New York state, part of which will also go towards the manufacturing of its Michelob Ultra beer brand.
The capital injection is part of the group's plan to invest $300m across its US production this year. AB InBev also invested the same amount in its production sites in 2025.
In a statement, the Stella Artois brewer said the move is going to "add new production capabilities for Cutwater to help meet rapidly growing demand".
The capital injection will also grow production of Michelob Ultra and "upgrade can and bottle lines", the group said.
#production #inbev #michelob #capital
2 months ago
You've probably never ordered a Skol at your local bar. But it's basically the Bud Light of the Southern Hemisphere. Skol is ubiquitous, affordable, and ice-cold at every Brazilian beach kiosk from Belém to São Paulo.
Skol's parent company is Ambev (NYSE: ABEV), Latin America's dominant brewer and a subsidiary of Anheuser-Busch InBev (NYSE: BUD). Besides local winners like Skol, Ambev bottles and distributes global brands like Budweiser, Stella Artois, and Corona.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As of June 23, the stock trades around $3.10, which might trigger penny-stock alarm bells.
Don't let it.
Skol's parent company is Ambev (NYSE: ABEV), Latin America's dominant brewer and a subsidiary of Anheuser-Busch InBev (NYSE: BUD). Besides local winners like Skol, Ambev bottles and distributes global brands like Budweiser, Stella Artois, and Corona.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
As of June 23, the stock trades around $3.10, which might trigger penny-stock alarm bells.
Don't let it.
