Jim Beam Just Made a $400 Million Bet on Its Own Bourbon Distillery

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Jim Beam Just Made a $400 Million Bet on Its Own Bourbon Distillery
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Beam Suntory is betting that Kentucky bourbon has not yet reached its peak.

from Kentucky governor Andy Beshear’s office, but there were no specifics available as to exactly what the expansion will entail. But Beshear’s office is touting the growth of the Kentucky spirits industry during his tenure, with more than a billion dollars invested and nearly 1,000 new jobs created.

The Kentucky bourbon industry is currently worth about $9 billion, according to the governor’s office, and employs more than 22,000 people.opened, with eighth generation family member Freddie Noe having been master distiller this past spring. So it appears that the James B. Beam Distilling Co.

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