Forman, which is expected to generate up to $80 million in annual savings, comes as inflation and changing consumer tastes cut into spirits sales.
The Brown-Forman Cooperage, 420 MacLean Ave. in Louisville, Ky., Tuesday, May 28 2013. The cooperage which made more than 600,000 barrels per year with nearly 85% of them being made for Jack Daniels, is being closed permanently and more than 200 laid off. Herald-Leader
We talk about difficulties facing the bourbon market — and how it might impact tourism —on this week's Access Louisville podcast.
Jack Daniel's Parent Brown-Forman Is Cutting Its Workforce and Closing Its Barrel-Making Plant LOUISVILLE ... that will someday reach the market. In Kentucky, a record 14.3 million barrels ...
Brown-Forman, the parent company behind major American whiskey brands Jack Daniel's and Woodford Reserve, announced that it was cutting 12 percent of its global workforce and selling its Louisville cooperage.
Brown-Forman is one of the largest family-owned companies in the spirits and wine business in the U.S. It has served customers for 155 years and owns multiple premium liquor brands, including Jack Daniel's, Woodford Reserve, Herradura, el Jimador, and others.
By McKenna Horsley Kentucky Lantern The Brown-Forman Corp., a giant spirts company based in Kentucky, announced Tuesday it plans to reduce its global workforce by 12% as part of a “a series of strategic initiatives to position the company for continued growth in the dynamic global spirits market.
LOUISVILLE, Ky ... a half-billion dollars in exports since 2018, it said. Kentucky and Tennessee, where Jack Daniel's is crafted, overwhelmingly backed Trump in last year's election.
LOUISVILLE, Ky ... a half-billion dollars in exports since 2018, it said. Kentucky and Tennessee, where Jack Daniel’s is crafted, overwhelmingly backed Trump in last year’s election.
Spirits giant Brown-Forman Corp. says it’s reducing its global workforce by about 12% and closing its barrel-making plant in Louisville.
Lawmakers, Supreme Court justices and tech industry leaders got samples of a Kentucky gem while at the Inauguration luncheon Monday.
On Monday, an employee at the historic Glenglassaugh Distillery indicated that the scotch whisky producer is preparing for temporary closure. If true, it'd be the latest in a series of layoffs spearheaded by Brown-Forman as the spirits conglomerate struggles against industry headwinds.