Anheuser-Busch said today it plans to invest more than $1 billion to update its breweries and other facilities nationwide, including $30 million at its Los Angeles brewery in Van Nuys.

These capital expenditures include resources spent or committed in 2011 toward projects to further modernize brewing processes, upgrade systems to reduce greenhouse gas emissions, and install equipment for new products and innovations, among other items, with additional allocations being made for projects through 2014.

Locally, the projects include environmental modifications to reduce the amount of fiberboard required for packaging and update energy efficient lighting.

Read the company’s news release here.

St. Louis-based Anheuser-Busch (NYSE: BUD) is part of Anheuser-Busch InBev of Belgium.