Anheuser-Busch to invest $100M in St. Louis
The move is part of the brewer’s plan to invest $ 1 billion in its U.S. facilities in 26 states over the next two years
ST. LOUIS – Global brewer Anheuser-Busch has announced it will spend $ 100 million on an innovative grain recycling facility on the St. Louis brewery campus.
The investment will lead to the headquarters of EverGrain, an AB-backed sustainable ingredients company. The move is part of the brewer’s plan to invest $ 1 billion in its U.S. facilities in 26 states over the next two years to fuel the recovery and restart the post-COVID-19 economy.
According to official sources, EverGrain uses grains from the brewing process and converts barley into ingredients that can be used in a wide variety of foods and beverages. The new facility will be EverGrain’s first full-scale manufacturing facility and will create 50 “long-term” jobs.
According to a press release, the facility is planned for Stockhouse 10 on the AB campus in Soulard. A formal announcement is to be made there this morning with AB leaders and St. Louis City officials.
EverGrain currently manufactures products in a small facility valued at $ 15 million at the AB Brewery in Newark, New Jersey. Officials said the brewery will continue to be used for small batch production and testing until the St. Louis facility goes live, although no opening date has been given.
“This investment in our hometown of St. Louis combines two key priorities for Anheuser-Busch: to play a leading role in the country’s economic recovery and to leverage our world-class innovation capabilities to create a more sustainable future,” said Michel Doukeris, CEO of Anheuser-Busch. “From finding more sustainable ways to manufacture and supply our brands to adapting our portfolio to changing tastes, we keep challenging ourselves to have bigger dreams and find innovative solutions to bring high quality products to our consumers.”
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