Anheuser-Busch plans New York expansion
Anheuser-Busch plans to spend more than $7 million to expand its canning capacity at its plant in Syracuse, N.Y. (more…)
Highlights from financial information released by SABMiller
The fiscal year F12 (ending in March 12) is half complete. The driver of sales and earnings growth continues to be the strong developing market performance (more…)
SABMiller must pay extra A$582M for Foster’s
SABMiller PLC will have to pay an extra A$582 million as part of its takeover of Foster’s Group Ltd. , after the Australian Taxation Office knocked back the planned structure of the deal. (more…)
US. Green Flash charts out expansion plans for 2012
California-based craft brewer Green Flash Brewing Company has revealed its plans to expand within its 45,000ft? Mira Mesa facility in San Diego, where it began operations six months ago. (more…)
3 years after InBev deal, a new Anheuser-Busch
They wear jeans to work now. It no longer feels odd. They walk by flower beds that might not be tended as obsessively as in years past. Certainly fewer of them report to work each day on Pestalozzi Street, at the brewery and adjacent brick-and-glass rectangular office building. This was once the global headquarters of Anheuser-Busch. Today it’s the North American headquarters of Anheuser-Busch InBev. (more…)
Analysis: Brewing jobs in front line of euro debt crisis
Europe’s biggest brewers may be forced to cut jobs and close breweries to cope with the escalating euro zone crisis and Danish brewer Carlsberg is already preparing for the worst. (more…)
China Resources says Q3 profit falls, beer sales up
* Beer division sales up 19.3 pct in Q3
* Retail sales rise 27 pct, same-store sales up 11.6 pct
* Says consumer sentiment hit by global economic woes (more…)
Chinese Beer Drinkers Reject Heineken’s “Bitter Taste”
In what should prove a cautionary tale for those hoping to ride the rise of China, Dutch beer giant Heineken International is in full retreat from its operations in the country, the world’s biggest beer market (the U.S., despite its Homer Simpson-esque reputation, is a distant second). (more…)
SABMiller announces US$260 million investment in Africa to fund capacity increases
Following strong growth in its African division, SABMiller plc [SAB: LSE/SAB:JNB] announces a US$260m investment programme to fund capacity expansion in its subsidiaries in Uganda, Ghana, Zambia and Tanzania. (more…)
SABMiller announces US$295 million investment programme in Peru
SABMiller plc [SAB:LSE/SAB:JNB] announces a US$295 million capital investment programme in its Peruvian subsidiary, Backus. (more…)