Bardstown Bourbon Company Announces First of Its Kind Collaborative Kentucky Whiskey Craft Distilling Program
Comprehensive Program Fosters Continued Innovation, Offers “Game
Changing” Barrel Financing Option, Custom Mash Bill Development, Onsite
Storage and More
BARDSTOWN, Ky.–(BUSINESS WIRE)–The Bardstown Bourbon Company is pleased to announce an innovative
Collaborative Whiskey, Bourbon, and Rye Wholesale Distilling Program.
Slated to open in Summer 2016, the new distillery will offer wholesale
customers the opportunity to create custom, authentic, Kentucky whiskey
products and will also provide comprehensive barrel financing. The
Program promises to expand the explosive growth of the craft distilling
industry by providing craft distillers and brand owners high quality
whiskey to strengthen their supply.
Currently, many craft distillers and brand owners obtain their whiskey
from large industrial distilleries, are limited in their ability to
produce custom products, have no financing options, and are reluctant to
promote the location and source of their whiskey. With a production team
led by Bourbon Hall of Fame Master Distiller, Steve Nally – a
40-year veteran of the spirits industry and formerly the Master
Distiller of Maker’s Mark – the Bardstown Bourbon Company will
provide craft distillers and brand owners the opportunity to:
-
Work with a team of whiskey experts to create their own authentic and
innovative Kentucky whiskey products; - Benefit from highly competitive wholesale prices;
- Ensure consistent, high quality production that can rapidly scale;
- Control the future source for their product;
- Finance new fill barrel production and aging, and
-
Provide a production location and environment that they can celebrate
and promote.
“We are very excited to offer a suite of much needed services that we
believe will help foster continued innovation and growth in the whiskey
industry,” said David Mandell, President & CEO of The Bardstown Bourbon
Company.
The Company, in collaboration with Live Oak Bank, the second largest SBA
lender in the country, is offering customers comprehensive financing of
the purchase price of newly filled barrels with terms of up to 10 years.
This is an enormous benefit in an industry that is capital intensive and
often without many good banking options.
“This program is a game changer,” said Daniel Linde, Chief Financial
Officer of the Company. “As the first company to offer a comprehensive
barrel financing program for whiskey, we are helping our customers
continue to develop and grow their brands, without tying up all of their
capital in production.”
As the domestic and international whiskey and bourbon market continues
to expand, The Bardstown Bourbon Company will help its customers meet
growing demand. The distillery has an initial 1.5 million proof-gallon
capacity with barrel storage on its property for up to 185K barrels. The
distillery is also designed to easily expand as production grows.
In addition, The Bardstown Bourbon Company offers a unique environment
to showcase customer products. Set on 100 acres of active farmland and
adjacent to the Bluegrass Parkway, The Bardstown Bourbon Company and its
37,000 square foot distillery form the gateway to Bardstown, Kentucky,
the “Bourbon Capital of the World.”
“This is such an exciting time for bourbon,” explained Steve Nally,
Master Distiller of The Bardstown Bourbon Company. “I look forward to
working with other distillers and brand owners to make great products.
We also look forward to integrating some of these brands into the
Bardstown Bourbon Company’s visitor experience, and we will use our
facility to highlight and promote their brands.”
To learn more about and apply for the Collaborative Kentucky Whiskey,
Bourbon & Rye Distilling Program, contact David Mandell, President &
CEO, at david@bardstownbourbon.com
About The Bardstown Bourbon Company
Under construction since October 2014, The Bardstown Bourbon Company is
“the Modern Distiller of the American Spirit.” The company is developing
a $25 million destination experience with a first-of-its-kind Napa
Valley style campus featuring a unique and transparent educational
experience, high-end tours and tastings, integrated visitors center,
event space, and eventually a restaurant and boutique hotel. The
distillery is set to begin production in Summer 2016.
To learn more about The Bardstown Bourbon Company visit:
www.facebook.com/bardstownbourboncompany
Contacts
Ro-Bro Marketing & PR
Aaron Brost, 312.576.5315
aaron@ro-bro.com
or
Ro-Bro
Marketing & PR
Joseph Stark, 440.465.3143
joe@ro-bro.com
