Overview
- The distillation halt at the main Clermont, Kentucky, facility takes effect Jan. 1 and will last through 2026, according to the company.
- Bottling and warehousing at the James B. Beam campus will continue, and distilling will proceed at the Fred B. Noe and Booker Noe sites.
- Workforce plans are under discussion with the United Food and Commercial Workers union, with no layoffs announced and no WARN notice filed.
- Kentucky now holds about 16.1 million aging barrels, and distillers paid roughly $75 million in barrel taxes this year, increasing carrying costs.
- Industry headwinds include steep export declines tied to trade tensions—DISCUS cites an 85% Q2 drop to Canada—alongside lower U.S. alcohol consumption reported by Gallup.