Beer producer Anheuser-Busch has committed to invest an estimated $1.5bn in its US brewing, agriculture, packaging and distributing operations by 2018.

The investment is aimed at supporting the growth of its brands by investing around $850m on brewery and packaging expansion projects, $220m on product innovation initiatives and $720m in increasing efficiency of its existing footprint.

The company has invested more than $1bn across its US operations between 2011 and 2014 on the maintenance of brewing processes, advancing environmental projects and installation of equipments for new products and innovations.

Anheuser-Busch InBev North America president Castro Neves said: "We have demonstrated commercial success from recent investments which increases opportunity for future projects.

"When we make investments in our local communities it is good for all stakeholders, including employees, local legislators and community leaders – they are critical to our success."

Currently, the company is carrying out various projects simultaneously that includes a $150m expansion project at the St Louis-area metal container corporation facility, a $45m can line and additional warehouse at the Fort Collins brewery, $20m in capital investments at the Los Angeles brewery, $18m in investments at the Columbus brewery, $12m in the improvement of the company’s St Louis brewery and for various improvements and $11m for developing new products such as Bud Light MIXXTAILs and Oculto.

Anheuser-Busch supply vice president Pete Kraemer said: "Upholding our high-quality brewing standards requires significant financial commitment for equipment, technology and skilled people.

"In addition to investing in operations, we contribute to our local communities through environmental sustainability initiatives that drive our water conservation, energy savings, and recycling efforts."