Expansion planned at Woodford Reserve DistilleryJune 27, 2013 @ 9:03 am
LOUISVILLE, Ky. (AP) - Liquor producer Brown-Forman Corp. says it will invest more than $35 million to expand operations at its Woodford Reserve Distillery in central Kentucky.
The Louisville-based company said Thursday it would add warehouses where the bourbon ages for several years before being bottled. The company also plans to add stills, improve its bottling line and make other upgrades to increase capacity.
The distillery near Versailles currently has 30 full-time employees, and the expansion should add another 15.
State officials say the company is in line for up to $3 million in tax incentives as part of the expansion.
The Woodford Reserve investment comes amid the largest expansion in Kentucky's bourbon industry since Prohibition. Kentucky distilleries have invested $265 million in new and expanded facilities in the past couple of years.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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