COLOMBIA – AB InBev’s local brewer in Colombia, Bavaria, has allocated roughly US$413 million to be used in the construction of a new brewery in the northern region municipality of Palmar de Varela.
The company said the new brewery plans to begin its operation in mid-2024, generating 350 direct and 7,000 indirect jobs. The facility will produce beer brands including Águila, Poker, and Club Colombia.
Bavaria President Sergio Rincón said: “We firmly believe in Colombia and in the great transformations that the private sector can generate for the benefit of the country. With this new plant, Bavaria is investing long term in a significant expansion of the industry.”
“It fills me with pride to share this good news with the country. We Colombians deserve a future full of hope, celebrations, and progress, and this new investment is an important part of our journey to create a future with more cheers. It is an example of the spirit of Bavaria, which after more than 130 years, continues to invest in growth and innovation.”
Affirming the group’s stand on sustainability, Bavaria noted the brewery will be built to high environmental standards to make further progress toward AB InBev’s ambitious 2025 Sustainability Goals.
It is expected to begin operations with zero net carbon emissions and advance Bavaria’s commitment to brewing 100% of its products using solar energy.
Throughout the country, Bavaria has seven breweries, two barley malting houses, and a labeling operation, all employing 4,000 people and generating approximately 80,000 indirect jobs.
Recently, the Belgium-based multinational brewer, AB InBev, expressed interest in scaling the production capacity of its plant in Mysuru with another ₹500 crores (US$60.8m).
The investments follow the over US$1 billion commitment to its US manufacturing facilities over the next two years as the brewer looked to raise production of hard seltzers that have become widely popular in recent years.
The United States’ largest brewer and subsidiary of Belgium-based Anheuser-Busch InBev said it would inject nearly US$400 million into 12 major breweries while about US$100 million would go to environmental sustainability projects.
The company also planned on spending more than US$100 million in new can-manufacturing lines as it ships more single-use cans and bottles and fewer kegs and returnable glass bottles that are used in bars and restaurants.