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Wild Turkey Distillery in Lawrenceburg to Expand

Wild Turkey Distillery in Lawrenceburg to Expand

Steve Beshear and Cabinet for Economic Development Secretary Larry Hayes today announced Kentucky-based Rare Breed Distilling will construct a new 20,000 space barrel storage warehouse at its Wild Turkey distillery in Lawrenceburg. This new project will add to Wild Turkey's storage capacity for its maturing whiskey products and will entail a nearly $2.3 million investment in the Commonwealth. "Kentucky is pleased to partner with Rare Breed Distilling on its latest expansion at the Wild Turkey distillery in Lawrenceburg," said Gov. Beshear. "The nearly $2.3 million investment will help to further enhance one of Kentucky's signature industries and provide a positive economic impact in the community." In 2007, Wild Turkey, a manufacturer of several Kentucky Straight Bourbon Whiskey products, as well as other premium quality distilled spirits offerings, announced plans to build a new and larger distillery on its site in Anderson County to keep pace with projected increases in the global demand for the plant's products. The new distillery is currently under construction and scheduled to begin operation in late 2010. For the new warehouse project, Rare Breed Distilling LLC has recently been approved by the Kentucky Economic Development Finance Authority for tax incentives up to $40,000 under the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction and building costs. [...more]

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Friday, November 17, 10:58 pm

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