Beam is investing again in Kentucky

Beam is investing again in Kentucky

Beam Inc has unveiled plans to build a new 600,000-square-foot distribution centre near its Kentucky bottling plant.  

The Frankfort facility will open in early 2015 and deal exclusively in Beam's own-label brands, the company said yesterday (1 August). Total spend on the project has not been disclosed.

Beam said the centre will be “in close proximity” to its Frankfort production plant, which bottles more than 12m of the around 21m cases Beam produces each year. The centre will also double as a warehouse for Beam products before they are shipped to distributors and other partners for sale in the US and globally.

It will be managed by a third-party operator, to be chosen next year, Beam said.

David Hunter, Beam's VP of global manufacturing, said that since 2008 Beam’s volume at its Frankfort bottling plant has more than doubled, while two-thirds of Beam’s annual global volume is produced out of its Kentucky facilities.

The new facility is the latest Beam investment in Kentucky. Last month, the Maker's Mark producer opened a business centre in Louisville and last year cut the ribbon on an innovation centre, also in Louisville.

Expert analysis

Beam Global Spirits & Wine, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

Beam Global Spirits & Wine, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...read more