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Jim Beam

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Jim Beam to Temporarily Close Kentucky Distillery Amid Market Challenges

Originally Published 20 days ago — by PBS

Featured image for Jim Beam to Temporarily Close Kentucky Distillery Amid Market Challenges
Source: PBS

Jim Beam will close one of its Kentucky distilleries for at least a year in 2026 to invest in improvements, amid challenges from tariffs and declining demand in the whiskey industry, which has seen a significant drop in exports and sales, despite a large increase in bourbon aging stocks.

Jim Beam to Suspend Kentucky Production Amid Trade Tensions

Originally Published 20 days ago — by CBC

Featured image for Jim Beam to Suspend Kentucky Production Amid Trade Tensions
Source: CBC

Jim Beam is halting production at its Kentucky distillery for all of 2026 due to ongoing trade tensions and industry challenges, including tariffs and declining exports, particularly to Canada, which has seen an 85% drop in U.S. spirits imports. The move aims to allow site investments, while the company continues distilling at other facilities. The broader industry faces high barrel aging inventories, tax burdens, and reduced consumer demand amid international trade disputes.

Jim Beam to Close Kentucky Distillery Temporarily Amid Market Challenges

Originally Published 20 days ago — by CNBC

Featured image for Jim Beam to Close Kentucky Distillery Temporarily Amid Market Challenges
Source: CNBC

Jim Beam is shutting down its Clermont Kentucky distillery for at least a year to invest in improvements amid industry challenges like tariffs and declining demand, while its larger Boston distillery remains operational. The move reflects broader struggles in the bourbon industry, including export declines and changing consumer habits.