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Anheuser-Busch InBev investing less in U.S. facilities
Anheuser-Busch InBev has announced that it will invest more than $1 billion in its U.S. facilities from 2011 to 2014, but that's less than half of what Anheuser-Busch spent before it was sold to InBev in 2008, the St. Louis Post-Dispatch reported Wednesday. Stifel Nicolaus analyst Mark Swartzberg told the newspaper that the drop is due to flat or declining domestic beer sales. He predicted that the company will invest more in the craft beer segment. Anheuser-Busch InBev operates a large brewery in Columbus. To read the entire story, click here.
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