- Associated Press - Monday, June 15, 2015

INDIANAPOLIS (AP) - A Kentucky company that’s a top maker of whiskey and other spirits is buying a southern Indiana lumber mill that will turn out wooden segments for its bourbon barrels.

Louisville, Kentucky-based Brown-Forman Corp. will spend $12 million to buy and expand that Owen County mill.

The Indianapolis Star reports (https://indy.st/1MSxLu8 ) the 15,000-square-foot mill in Spencer about 50 miles southwest of Indianapolis will be expanded and 50 people hired to run it.

The Indiana Economic Development Corp. offered Brown-Forman up to $350,000 in state tax credits if it creates the promised jobs. The mill will make wooden staves and end pieces for the company’s bourbon barrels.

Brown-Forman was founded in 1870 and has a long history of barrel-making. It sells 25 wine and spirit brands, including Jack Daniel’s and Southern Comfort.

___

Information from: The Indianapolis Star, https://www.indystar.com


Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide