Not content to stick with beer, Anheuser-Busch has expanded to turf farming, real estate development, metalized paper label printing and even transportation services. Beer is still king and Anheuser-Busch also has holdings in aluminum beverage container recycling, malt production and rice milling businesses -- as well as adventure parks.
Anheuser-Busch is looking to a strong 2005 and on May 25, 2005, at the company's 2005 BUD Investor Conference, August Busch IV, president, said, "Facing challenges is nothing new to Anheuser-Busch and, time after time, we have emerged more profitable with a stronger foundation for future growth. We expect significant improvement in domestic beer sales and profit performance in the second half of this year and continue to target double-digit earnings per share growth over the long-term.
"To stimulate growth, we have identified four critical marketing priorities. First, while beer is America's favorite beverage with 58 % of overall alcohol servings, we must continue to improve the image and desirability of beer. Second, we must keep beer fun and social. Third, we must grow beer occasions, and fourth, we must continue to improve our retail execution".
Special Recognition
Anheuser-Busch operates a program called "Partners In Economic Progress," an initiative designed to ensure that minority and women-owned firms have an opportunity to do business with Anheuser-Busch and its subsidiaries. Each year, Anheuser-Busch purchases more than $400 million in goods and services from companies that participate in the program.
IW 50 Best Manufacturing Company
