Items Tagged with 'investment'

Organic versus paid debate is a false binary for beverage marketers as they evaluate marketing strategies.

Anheuser-Busch announced a $20 million investment in its operations in St. Louis and Arnold, Mo. The investment aims to upgrade brewery and packaging equipment to fuel production of Michelob ULTRA.

Sazerac announced a strategic partnership and financial investment in 818 Tequila, the award-winning tequila brand founded by Kendall Jenner, as well as an exclusive U.S. sales and distribution relationship.

DrinkPAK, Santa Clarita, Calif., is expanding and investing $350 million in the construction of a state-of-the-art manufacturing facility in the Bellwether District of South Philadelphia. 

As a Mordor Intelligence report predicts a 7.67% 5-year CAGR for US Beverage Contract Bottling and Filling Market, contract beverage manufacturers continue to invest in their facilities.

Lily Pond Group (LPG), a beverage alcohol incubator founded by Jesse Bongiovi, announced its first official partners: Hampton Water Rosé, Five Springs Infused Bourbon and Mezcal Mezul.

Nutrabolt, Austin, Texas, announced a significant new investment in Bloom Nutrition, the approachable wellness line founded by Mari Llewellyn and Greg LaVecchia. The expanded investment in Bloom amplifies the Nutrabolt portfolio, extending its reach into new categories and usage occasions, attracting a broader consumer base, the company says. 

Anheuser-Busch, St. Louis, announced its expanded commitment to creating and sustaining U.S. manufacturing jobs by announcing it will invest $300 million in its facilities across the United States.

OLIPOP, Oakland, Calif., announced the successful closing of its Series C funding round, anchored by a $50 million investment from J.P. Morgan Private Capital’s Growth Equity Partners. Spearheaded by J.P. Morgan, this final anticipated round of equity financing for OLIPOP catapults the brand’s valuation to $1.85 billion.

The company says it is dedicated to investing in its facilities to fuel economic growth in St. Louis and beyond.