Anheuser-Busch Investing $9 Million in New York Brewery

MT Newswires Live
Aug 05

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.

Price: 59.57, Change: +1.38, Percent Change: +2.37

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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10