ENXTBR:ABIBeverage
Does AB InBev’s Jacksonville Michelob Ultra Expansion Reshape Its US Growth Narrative (ENXTBR:ABI)?
Anheuser-Busch InBev recently committed a US$30,000,000 investment to upgrade brewing tanks and bottling lines in Jacksonville, Florida, to increase Michelob Ultra production after volume gains for the brand.
This move highlights the importance of Michelob Ultra as a core growth engine in the US portfolio while also supporting jobs and local economic activity around the upgraded facilities.
Next, we’ll examine how AB InBev’s expanded Michelob Ultra capacity in Jacksonville could influence...