Distilleries Pour More than $240 Million into Facility Expansion and Upgrades

Researched by Industrial Info Resources (Sugar Land, Texas)–The wine and spirits segment of the Food and Beverage Industry has been solid, and the forecast for expenditures is expected to continue along the same path through 2013. To that end, distilleries across North America are pouring millions of dollars into their manufacturing assets, and those numbers are expected to grow as the year progresses. Industrial Info is tracking 28 major capital projects within the segment that are geared toward building new plants, facility upgrades and expansions, or scheduled maintenance activities.

One of the largest projects on record is a project by Wild Turkey Distillery that calls for constructing a $44 million packaging plant in Lawrenceburg, Kentucky. Construction started this past summer, and the project is on schedule to be completed in the first quarter of 2013. In another development, construction is slated to begin in November to build the first new distillery in Kentucky since Prohibition. The nearly $8 million investment entails renovations of a historic building in Louisville and the installation of processing equipment for the production of single-barrel rye whiskey and small-batch and single-barrel bourbons.

According to Industrial Info Online Plant Database, there are 48 major distilleries in the U.S., Canada, and Mexico that are in operation. The company also has reported on more than $400 million in project activity in distilleries over the past three years.

Industrial Info is tracking more than 1,600 projects in the Food and Beverage Industry in North America and the Sugar Processing Industry around the world that have a cumulative value of more than $28.6 billion.

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