The investment will be used to modernize brewing and packaging equipment to boost production of Michelob ULTRA, the best-selling and fastest-growing beer in the United States.
This latest investment is part of its € 250 million plan at its US facilities to create and retain jobs in the country's manufacturing sector.
Brendan Whitworth, CEO, Anheuser-Busch, said: “Investing in our Los Angeles Brewery enables us to brew and deliver more of the highest-quality beers and beyond that consumers love – including Michelob ULTRA, the #1 top-selling and fastest-growing beer in America. Investments like this one strengthen our position as a leading American manufacturer, allowing us to continue driving economic growth and creating and sustaining jobs in the communities where we operate.”
Anheuser-Busch has invested €150 million in the brewery over the past five years.