Brown-Forman will be putting up more whiskey in Woodford County.
On Thursday, the Louisville-based maker of Woodford Reserve, Old Forester, Early Times and other whiskeys received approval for an additional $150,000 in tax incentives to build a fourth new warehouse.
Total new investment cost is expected to be $8.2 million, including $7.6 million in building construction, $500,000 in equipment and $100,000 in other start-up costs, according to the Kentucky Economic Development Finance Authority, which had approved $3 million in tax incentives in 2013.
In 2013, Brown-Forman announced a $36.3 million expansion of the Woodford Reserve distillery outside Versailles, including new pot stills to double capacity, plus a new bottling line and three new barrel warehouses to hold 55,000 barrels each.
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At the time, Brown-Forman said that barrel warehouse capacity at Woodford would grow from about 8,000 to 165,000. Now it looks as if it will grow even more.
No specific number of barrel warehouses was released by KEDFA, which was expected to approve the additional incentives to allow continued growth.
Warehouse construction began in 2013 and was expected to create about 15 jobs.
On June 1, 2013, Brown-Forman closed on the $1.1 million purchase of 48 acres next to the Woodford Reserve distillery on McCracken Pike and filed a conditional use permit request for plans to build as many as five maturation warehouses over the next few years.