Anheuser-Busch (BUD) to Invest in NY Brewery

Anheuser-Busch InBev (NYSE:BUD) is one of the Most Profitable Large Cap Stocks to Buy According to Analysts. On August 5, Anheuser-Busch InBev (NYSE:BUD) announced a new $9 million investment in its Baldwinsville, NY brewery.

This investment is part of the company’s plan to invest over $300 million in the US facilities in 2025. Over the past 5 years, the company has invested more than $2 billion in its US operations. Management noted that the purpose of these investments is to support the manufacturing ability of the United States. The goal of Anheuser-Busch InBev (NYSE:BUD) is to create and sustain jobs, advance technical training, and strengthen career opportunities for veterans.

Anheuser-Busch InBev (NYSE:BUD) is a leading brewing company. It produces and sells famous beer brands like Budweiser, Michelob ULTRA, and Stella Artois.

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Disclosure: None. This article is originally published at Insider Monkey.