Anheuser-Busch is investing $16 million in its Van Nuys brewery for facility improvements and to expand its production capabilities.
The investment will allow the brewing company, best known for Budweiser and Michelob, to increase its 25-ounce canning capacities.
“This is a pivotal moment for the Los Angeles brewery,” Eric Gutierrez, general manager of the Anheuser-Busch Los Angeles Brewery, said in a statement. “These investments equip us with the unique opportunity to stay at the forefront of brewing excellence and innovate in new ways that meet consumer needs. We’ve been a proud member of the Los Angeles community for nearly 70 years, and this ongoing investment not only boosts the local economy but fosters growth for Anheuser-Busch, while supporting our dedicated employees.”
“Anheuser-Busch has been an important part of the Los Angeles community for decades and their continued investment in the local economy helps provide ongoing economic opportunities for the working people of Southern California,” added Stuart Waldman, president of The Valley Industry & Commerce Association. “We’re grateful that Anheuser-Busch remains a partner committed to driving economic growth and prosperity for the San Fernando Valley.”
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The Fulfillment Fund, a downtown-based nonprofit, has named Amy Grat as its new chief executive. Grat has more than 20 years of leadership experience. She previously served as the chief executive of EXP – The Opportunity Engine in Long Beach.
“I am honored to join Fulfillment Fund, an organization that has already made a tremendous impact in empowering students from under-resourced communities. My goal is to support Fulfillment Fund as it evolves into a high-impact, innovative program that not only provides access to education but also unlocks economic mobility through career achievement. By collaborating with educators and employers, we will equip the next generation of leaders to transform their communities and society,” Grat said in a statement.
The Fund was founded in 1977 by UCLA physician Gary Gitnick to provide education opportunities to students from low-income backgrounds. The organization helps thousands of students annually.
