Pernod Ricard Doubles Down on the Sustainable Future of American Whiskey with Kentucky Investment
NEW YORK, Dec. 8, 2022 /PRNewswire/ -- Pernod Ricard today announced a significant move to further leverage the strong growth – and growth potential – of its premium American whiskey portfolio, The American Whiskey Collective. The world's second largest wine and spirit company will invest approximately $250 million over five years to build a state-of-the-art, carbon neutral distillery, with related aging warehouses in Marion County, Kentucky for its fast-growing Jefferson's Bourbon brand. This investment will also include the build of a world class visitor center facility that will welcome whiskey aficionados on the historic South Trail of Kentucky Bourbon.
- This investment will also include the build of a world class visitor center facility that will welcome whiskey aficionados on the historic South Trail of Kentucky Bourbon.
- "American whiskey is an extremely vibrant spirits category, and our strategic investments over the last few years have proven successful," said Alexandre Ricard, Chairman and CEO, Pernod Ricard.
- Pernod Ricard has announced the intention for this new distillery to be carbon neutral once operational.
- Pernod Ricard is listed on Euronext (Ticker: RI; ISIN Code:FR0000120693) and is part of the CAC 40 and Eurostoxx 50 indices.