Bourbon industry facing uncertainty as some distilleries struggle to stay in business
The bourbon industry is grappling with market challenges, affecting both new and established distilleries. Several distilleries struggle with financial difficulties, threatening their operations and creating uncertainty in the industry.
Catch up with the stories below.
NO. 1: WHISKEY WOES: IS KENTUCKY’S $9 BILLION BOURBON INDUSTRY ON THE ROCKS?
Following four recent pieces of bad news, industry investors might need a stiff drink. | Published June 6, 2025 | Read Full Story by Janet Patton
NO. 2: ANOTHER KENTUCKY WHISKEY BRAND REPORTS A BIG DROP IN BOURBON SALES
Another major Kentucky distiller has reported a big drop in bourbon sales. | Published August 6, 2025 | Read Full Story by Janet Patton
NO. 3: ANOTHER MAJOR, NEW KY DISTILLERY FACES LIEN OVER CLAIM OF UNPAID DEBT
The Elizabethtown distillery, which dubbed itself the ‘Willy Wonka of whiskey,’ faces a lien less than a year after opening. | Published June 3, 2025 | Read Full Story by Janet Patton
NO. 4: SALES OF JACK DANIEL’S PARENT BROWN-FORMAN PLUMMET, ERASING DECADE OF STOCK GROWTH
Shares of Kentucky bourbon giant Brown-Forman tumbled on Thursday after earnings were released. Here’s what the company predicts for the coming fiscal year. | Published June 5, 2025 | Read Full Story by Janet Patton
NO. 5: NEWLY BUILT KENTUCKY CRAFT DISTILLERY FILES FOR BANKRUPTCY PROTECTION
The move comes just one month after the Danville distillery’s grand opening. | Published July 18, 2025 | Read Full Story by Janet Patton
NO. 6: BANKRUPT DANVILLE DISTILLERY OWES MORE THAN $34.5 MILLION. IT SAYS IT’LL SURVIVE
Receiver, foreclosure sought in Boyle County lawsuit | Published July 22, 2025 | Read Full Story by Janet Patton
NO. 7: SHUTTERED KENTUCKY DISTILLERY COULD SOON GO UP FOR SALE TO PAY OFF DEBTS
Garrard County Distilling has been in the hands of a receiver since April and owes Truist Bank nearly $27 million. | Published July 22, 2025 | Read Full Story by Janet Patton
NO. 8: SALES SLUMP 8% FOR KENTUCKY BOURBON WILD TURKEY DESPITE NEW RELEASES
In what might be the clearest sign yet that bourbon demand in the U.S. | Published August 4, 2025 | Read Full Story by Janet Patton
NO. 9: KENTUCKY LENDER SUES DISTILLERY NEAREST GREEN. CEO SAYS THEY’RE VICTIMS OF FRAUD
Another prominent distiller is in financial turmoil: | Published August 4, 2025 | Read Full Story by Janet Patton
NO. 10: ARE LAYOFFS COMING TO DIAGEO’S KENTUCKY DISTILLERIES? WHAT WE KNOW
As a wide array of President Trump’s tariffs kick in this week, some companies are expected to trim costs by shedding employees. | Published August 7, 2025 | Read Full Story by Janet Patton
NO. 11: JUDGE ORDERS RECEIVERSHIP FOR TROUBLED UNCLE NEAREST WHISKEY DISTILLERY
Troubled Tennessee distillery Nearest Green will be taken out of the hands of founder Fawn Weaver and her husband, Keith. | Published August 14, 2025 | Read Full Story by Janet Patton
NO. 12: COULD BANKRUPTCY BE IN THE WORKS FOR A POTENTIALLY INSOLVENT WHISKEY START-UP?
What’s next for Uncle Nearest, the troubled whiskey brand heading into receivership? | Published August 15, 2025 | Read Full Story by Janet Patton
NO. 13: BOURBON DISTILLER’S MEDIATION BID REJECTED. JUDGE: FOUNDER’S COMMENTS ‘TROUBLING’
A bid by Uncle Nearest founder Fawn Weaver to send the distressed whiskey brand to a mediator and potential sale has been rejected. | Published August 22, 2025 | Read Full Story by Janet Patton
NO. 14: KY BOURBON ASSOCIATED WITH FORMER UK QB TIM COUCH SUED, FACES $2M+ LIENS
A Kentucky bourbon distillery that included Kentucky football legend Tim Couch as a partner is facing more than $2 million in liens and multiple lawsuits. | Published August 25, 2025 | Read Full Story by Janet Patton
NO. 15: WHAT’S NEXT FOR TROUBLED, MAJOR WHISKEY BRAND NOW IN RECEIVERSHIP?
A federal judge in Tennessee has appointed Phillip G. | Published August 25, 2025 | Read Full Story by Janet Patton
The summary above was drafted with the help of AI tools and edited by journalists in our News division. All stories listed were reported, written and edited by McClatchy journalists.