U.S. Distillers Pour More than $550 Million into Capacity Expansions

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Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking more than $550 million of capital projects in the distillery segment of the Food and Beverage Industry. Individual projects range in value from $1 million to $115 million, and include project owners such as Jim Beam Brands Company (Deerfield, Illinois), which is part of Suntory Holdings (Osaka, Japan); Diageo North America Incorporated (NYSE:DGE) (Norwalk, Connecticut); and Sazerac Company Incorporated (Metairie, Louisiana), among others.

Spirits are running high and construction is in full swing as Jack Daniel's Distillery, a subsidiary of Brown-Forman Corporation (NYSE:BF.B) (Louisville, Kentucky), works to finish more than $100 million in expansions at its North Distillery in Lynchburg, Kentucky. Construction started on the project early last year and is on schedule to be completed by the end of the third quarter. The project will allow the company to increase its current production and storage capacity from 11 million cases per year to 13.2 million cases.

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View Project Report - 300132698

Industrial Info's database of active capital and maintenance expenditures in the Food and Beverage Industry across North America and the Sugar Processing Industry and Water Desalination Segment worldwide shows current expenditures of $52 billion and more than 3,200 active projects. The North American portion has more than 2,000 active projects that total more than $31 billion.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.