It has been 16 years since Bourbon has been made at the Charles Medley Distillers plant in Owensboro, Kentucky, but that is all about to change.
Trinidad-based rum producer Angostura Limited is pumping $25 million into the distillery and plans to also open a cooperage to make barrels. The move is another sign of the growing global demand for Bourbon and what is expected to be tight product supplies in the coming decade.
Angostura says when the distillery reopens it will be capable of making 3 million proof gallons of whiskey. It takes one half gallon of alcohol to make a proof gallon. It will be at least four years before any Bourbon from the facility hits store shelves.
Angostura also purchased the former Seagram's distillery in Lawrenceburg, Ind., in 2007.