USA: AB InBev to invest into its New York plant to allow for craft beer production

Anheuser-Busch InBev will invest $62 million to upgrade equipment and allow for craft beer production at its facility in Baldwinsville, New York, Auburn Citizen reported on October 1.

With the investment, the company will retain 443 jobs at the plant.

To aid Anheuser-Busch's efforts, Empire State Development has offered to provide $2 million in tax credits.

The announcement was made on September 30 by Gov. Andrew Cuomo, who visited Anheuser-Busch and sampled beer.

"This investment will keep hundreds of jobs and help Anheuser-Busch stay and grow right here in New York," Cuomo said. "Anheuser-Busch is a major driver of economic activity across this state and I am proud that this investment will set the stage for future growth in this key industry."

The company's 1.5 million-square foot facility produces more than 65 brands and has the capacity to ship 180 trucks a day.

Pete Kraemer, vice president of supply and the head brewmaster at Anheuser-Busch, said it's important for the company to retain jobs at the Baldwinsville brewery.

"Our employees all work hard to produce the great beers our customers demand and this demonstrates our commitment to the region," he said.

02 October, 2015