Ab-Inbev Invests R2.8Bn In Brewery Expansions

South Africa's largest brewer has delivered a strong vote of confidence in South African brewing, announcing it is investing US$216m (R2.8bn) in expansions at two of its breweries, Alrode in the south of Johannesburg and Rosslyn, outside of Pretoria. The expansions include a new packaging line for returnable glass bottles at both breweries and a brewhouse at Rosslyn, and will create up to 70 additional full-time jobs. The investment is over and above the Public Interest Commitments made by AB-InBev at the time of 2016's business combination with SABMiller, in which the company agreed to invest R1bn in South Africa over five years.

Author
Un-named
Origin
Unknown
Journal Title
Bdi August 2017 7
Sector
News Items
Class
N 3846

Request article (free for British Glass members)

Ab-Inbev Invests R2.8Bn In Brewery Expansions
Bdi August 2017 7
N 3846
Are you a member?
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
4 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.