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
New method to reduce alcohol consumption in Britain: tsmaller portions of beer
British researchers propose a new way to curb alcohol consumption:…
Read more >Coca-Cola and Bacardi partner on ready-to-drink cocktail
The premixed beverage will be sold in several markets worldwide…
Read more >Transformation of alcohol consumption habits: alcohol-free drinks and premium products are making progress
Alcohol consumption is undergoing significant change worldwide, especially among younger…
Read more >Related news
A new chapter has opened in the history of Pizza Hut: The restaurant chain can be renewed based on the Hungarian model
On September 12, the ribbon was cut on Pizza Hut’s…
Read more >150 million bottles, jars and aluminum cans have already been returned in Lidl stores
Lidl Hungary has reached a milestone in its new return…
Read more >Style rethought – Hungaria sparkling wine has been renewed!
Hungaria, one of Hungary’s most popular bottle-fermented sparkling wine brands,…
Read more >