From a couple of days ago- Anheuser-Busch has announced plans to increase production capacity at Metal Container Corporation facility in Arnold, Missouri. The total investment is in the neighborhood of $70 – $80 million dollars. The investment will add 100,000 square feet to the facility, and add 20 jobs to the current 100 jobs. MCC makes the cans that AB uses nationwide, and cans for soft drink companies. The expansion is slated for completion in 2013.
“The expansion of our Arnold MCC facility is one more example of our company’s dedication to the state, contributing to the economic stability of the region,” said Luiz Edmond, president of Anheuser-Busch InBev North America. “Through our strong partnerships with state and local leaders, we have been able to bring this valuable investment to our hometown.”
The facility expansion is made possible through a property tax abatement program in collaboration with the City of Arnold and Jefferson County. The bond program is designed to encourage business recruitment and expansion and provides incentives for a variety of industrial projects. Missouri Quality Jobs, the state’s Department of Economic Development program that helps create and maintain valuable jobs, also contributed incentives to this project.
Anheuser-Busch holds a 48.3% share of beer to United States retailers. [PressRelease]
