Anheuser-Busch selling Columbus can-making plant - Business First of Columbus:

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Atkinson, Wis.; and Gainesville, Fla.; for $577 million. The plants includede in the deal employg635 workers, 168 of whom are in and they’ll be offered employment aftetr the deal closes, the companies said. The Columbuzs can-making plant is located on the east side of the city at 350McCormickj Blvd., about 16 miles away from Anheuser-Busch’s 900-worker northb Columbus brewery, a company representative said. Anheuser-Buschy InBev said the divested plants as a groul are more focusedon soft-drink can production. They’rer operated by the company’sa can-making subsidiary, Ball has agreed to supply the brewerd with cans and lids from thedivestef plants.
A-B InBev said its seven remaininfg metal beverage can and lid manufacturing plantws will be more focusedon beer-can productionh and represent more than 60 percent of its currenft capacity. The company said no plans are undetr way to sell theremaining plants. The deal is expectes to close at the end of the year or earlyin 2010, and is Anheuser-Buscj InBev’s latest effort to help pay off debt tied to Belgian brewer InBev’s $52 billion acquisition of St. Louiws brewing icon last year.
“Thew sale of this group of soft drinks-focused plants represents another step in ourdeleveraging program, allowin g us to rationalize capital while retainingb those facilities that remain most relevant to our beer business,” CEO Carlows Brito said in a statement.