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.
Anheuser-Busch, St. Louis, announced a new $16 million investment in its Los Angeles brewery. The Los Angeles brewery has played a crucial role in the $2.6 billion capital investments the brewer has made in California, to date.
Liquid Death, Los Angeles, has closed $67 million in financing from strategic partners and new investors including top national distributors, along with notable names in entertainment and sports.
L.A. Libations’ Co-Founder and CEO Danny Stepper details that relationships are the foundation on which the beverage incubator, creator and accelerator company is built on.
Investment includes an upgrade to cooling system, improving workplace safety
August 31, 2023
Anheuser-Busch, St. Louis, announced a $22.5 million investment in its Houston brewery, which includes upgrades to the facility’s internal systems to enhance workplace safety and improve brewery efficiency.