12:35 PM EDT, 09/25/2024 (MT Newswires) -- Anheuser-Busch Inbev ( BUD ) Wednesday announced a new $16 million investment in its Los Angeles brewery to boost packaging capabilities for brands such as Cutwater and Nutrl.

The Budweiser brewer said the investment also covered the increase in production capacity for 25-ounce cans amid increasing consumer demand as well as facility upgrades.

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