Approval for Four Roses $55m distillery expansion

Four Roses could be set to embark on a US$55 million expansion of its distillery and warehouses after plans were approved by Kentucky authorities this week.

Approval has been given for a US$55m expansion of Four Roses’ facilities in Kentucky

As reported by the Courier Journal, the Kentucky Economic Development Finance Authority (KEDFA) has approved up to US$1.15m in tax incentives for a US$55.1m expansion project by the Lawrenceburg-based distillery.

The KEDFA approved up to US$650,000 in incentives for a potential US$34.1m expansion of the group’s distillery – US$11.2 of which will be for construction costs, and US$23m for equipment.

A further US$21m expansion is thought to be planned at Four Roses’s warehousing site in Bullit County to “meet customer demand”, and was given incentives of US$500,000.

The distillery expansion is expected to create an additional 15 jobs, while the KEDFA has stipulated that Four Roses should retain a base employment of 54 full-time employees.

In March this year, Four Roses revealed a separate plant to invest US$8.4m in building a new bottling facility in Bullit County, creating 30 new jobs.

Further details of the recent expansions have not yet been announced, but are expected in the coming week.