140 million dollar investment by Jack Daniel’s
Tennessee whiskey giant Jack Daniel's is set to make a $140 million expansion to its distillery in Lynchburg, according to Gov. Bill Haslam and state economic officials.
Increased demand is driving the expansion, which will also create 30 jobs, according to the announcement. The money will go toward building two new “barrelhouses” and expanding the existing bottling facility to create more capacity, the announcement states.
“Jack Daniel’s is a Tennessee tradition that was born in one of Tennessee’s smallest counties and has grown into a globally recognized brand. That says a lot about the quality and commitment of Moore County’s workforce,” Haslam said in a prepared statement.
“I thank Brown-Forman and the Jack Daniel Distillery for their continued investment in Lynchburg and bringing us closer to making Tennessee the No. 1 location in the Southeast for high-quality jobs.”
Tennessee Economic and Community Development Commissioner Randy Boyd also heralded the move, thanking the company for what he called its long history of success in the state.
This expansion comes after a $103 million expansion three years ago, according to the news release.
“The bourbon and American whiskey category is booming, and we appreciate the support of our Tennessee state and economic development officials as we work to meet global demand for Jack Daniel’s,” said Larry Combs, an executive with Jack Daniel’s Supply Chain.
Related news
Drop in alcohol consumption in France driven by wine, study says
The fall last year was attributed mostly to a 4.2%…
Read more >New method to reduce alcohol consumption in Britain: tsmaller portions of beer
British researchers propose a new way to curb alcohol consumption:…
Read more >Related news
GLAMOUR Valentine’s Days at ROSSMANN
The GLAMOUR Valentine’s Day powered by ROSSMANN event will take…
Read more >New professional leader at the head of DDC’s Communication and Marketing Department
From December 2024, Ildikó Slániczné Molnár will hold the position…
Read more >Apple is the most valuable brand in the world for the second year in a row, according to Brand Finance
For the second year in a row, Apple is the…
Read more >