Anheuser-Busch to invest $1 billion in production facilities in hard seltzer push

URLhttps://www.reuters.com/article/us-ab-inbev-invest
SourceReuters
Date Published02/03/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Anheuser-Busch Companies, LLC
Parent companyAnheuser-Busch InBev SA/NV
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Year reshoring implemented or to be implemented:2023
Domestically, the work will be done:In-house
$/year of sales of reshored product or service:1000
Country(ies) from which reshored:Belgium
If relevant, work nearshored to:-
Industry(ies):Food & Beverage
Product(s) reshoredhard seltzers, Bud Light Seltzer
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Under-utilized capacity, Other, import replacement, Covid-19
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