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
Donald Trump has threatened heavy tariffs on alcohol products from the European Union in response to the EU’s announced tariffs on American whiskey
US President Donald Trump threatened to impose heavy tariffs on…
Read more >A trend change among young people: Generation Z thinks differently about non-alcoholic drinks
The efforts made for responsible alcohol consumption seem to be…
Read more >Whiskey: Boycott could replace tariffs
American whiskey producers are once again at the center of…
Read more >Related news
We buy specialty foods by the hundreds of thousands
Kifli.hu is introducing an intelligent search engine for those following…
Read more >12,358 people in need can live well from the food collected by Tesco and its customers in two days
Compared to last year, 100 tons more donations were received…
Read more >“A paw in trouble!” – tens of thousands join forces for shelter animals
The joint pet food collection campaign of SPAR Hungary and…
Read more >