Distillery plans $55M expansion in 2 Kentucky counties
LAWRENCEBURG, Ky. (AP) — A Lawrenceburg distillery is planning a $55 million expansion in Bullitt and Anderson counties, including a new still and more warehouses to age its bourbon.
The Lexington Herald-Leader (http://bit.ly/1Kt2Ov7 ) reports Four Roses Distillery plans to expand after seeing double-digit sales increases in recent years. The Kentucky Economic Development Finance Authority approved as much as $650,000 in tax incentives Thursday for a potential $34.1 million expansion of production capacity. The project includes $11.2 million in construction and almost $23 million in equipment.
The distillery project is expected to create 15 jobs with an average wage, including benefits, of $38 an hour.
Four Roses officials say the plant is expecting to be operating by spring 2018.
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