The US drinks producer and distributer MGP, has announced
that it has begun a $12 million barrel warehouse expansion, to meet growing
consumer demand for its American whiskey.
Construction of the new barrel warehouse facility recently began in Williamstown, Kentucky, and marks the company's second major
investment in its distilled spirits operations in recent months.
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| MGP announces $12 million warehouse expansion |
In late 2021, Luxco (operator of MGP's branded-spirits portfolio) announced a $4 million expansion of its Lux Row Distillers facility in Bardstown, Kentucky. Due for completion in late 2022, the expansion will allow Lux Row Distillers to operate 24 hours per day and increase its capacity by 75%.
Commenting on the news, Dave Colo, President and CEO, MGP
Ingredients, Inc, said: "With the increased demand we have been
experiencing for our new distillate, aged whiskey and ultra-premium brands,
these investments are necessary. When complete, the new barrel warehouse and
Lux Row Distillery expansions position us well for continued, sustainable
growth. It is an exciting time for our company and the spirits industry."
The warehouse expansion which is located approximately 50 miles south of the company's historic Ross & Squibb Distillery in Lawrenceburg, Indiana, is slated for completion by the end of 2022.
Posted by Steve Rush