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