Anheuser-Busch (BUD) said Tuesday it is investing $9 million in its Baldwinsville, New York brewery to expand the brewery's capacity as well as well as for maintenance and equipment upgrades.

The Baldwinsville facility has received nearly $90 million in capital investments over the last five years, the company said.

Anheuser-Busch shares were up 2.3% in recent trading.

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