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  • 7 months ago
Jim Beam will pause production at its main Kentucky distillery in 2026 as it upgrades the site and reassesses output amid slowing global demand, high inventories, and tariff pressure.
Transcript
00:00It's Benzinga bringing Wall Street to Main Street.
00:03Jim Beam said it will halt production at its main Kentucky distillery for all of 2026
00:08as it invests in site enhancements and reassesses production levels amid slowing global demand,
00:14according to the BBC. Owner Suntory Global Spirits said other Kentucky operations will
00:19continue running, including a separate distillery, bottling, warehousing, and the visitor center,
00:25while the company discusses workforce plans with unions. The pause comes as Kentucky distillers
00:31face record bourbon inventories, rising state tax costs, and pressure from U.S. trade tariffs
00:37and retaliatory measures that have weighed on exports, including sales to Canada.
00:42For all things money, visit Benzinga.com.
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