- Associated Press - Thursday, May 1, 2014

FRANKFORT, Ky. (AP) - The Buffalo Trace Distillery has broken ground on an expansion that’s the latest sign of growth in Kentucky’s bourbon industry.

The more than $20 million project at the Frankfort distillery will add a new 83,000-square-foot warehouse center.

Buffalo Trace plans to add 40 new full-time jobs over the next two to three years.

The project is one of three expansions planned by parent company Sazerac. Other projects in the works are at the Glenmore Distillery in Owensboro and the Barton 1792 Distillery in Bardstown. Sazerac plans to invest more than $70 million in the three distilleries and create 110 new jobs.

Gov. Steve Beshear says the expansions show that the world’s taste for bourbon is soaring.

Several of Kentucky’s bourbon makers have expanded operations in recent years amid rising sales.