Brewing giant Anheuser-Busch on Wednesday announced that it will invest $16 million in its Los Angeles brewery.

The Budweiser and Michelob brewer said that the project would bolster the company's production of its 25-ounce cans, along with expand packaging capabilities for its "beyond beer" products, including Cutwater and Nutrl. It would also reduce boiler emissions and improve water conservation at the site.

"This is a pivotal moment for the Los Angeles brewery," Eric Gutierrez, the brewery's general manager, said in a statement. "These investments equip us with the unique opportunity to stay at the forefront of brewing excellence and innovate in new ways that meet consumer needs."

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The Los Angeles brewery dates back to 1954, and is one of 14 Anheuser-Busch facilities in California that house more than 3,400 employees combined. The company says it has invested nearly $2 billion in its operations across the U.S. over the past five years.

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