Governor Andy Beshear joined Bracken County officials and Augusta Distillery LLC executives to officially open a new $23 million distillery this week that will create at least 14 full-time jobs for Kentuckians.
“I want to thank the management of Augusta Distillery for this commitment to northeast Kentucky,” Governor Beshear said. “The Commonwealth’s signature bourbon industry continues to grow, creating quality employment opportunities for our residents and looking to the future. This project breathes new life into a historic building in Bracken County, and I can’t wait to see what this place will become in the years to come.
The Augusta Distillery will be located in the historic FA Neider Building on Seminary Avenue, which provided metal stamping services dating from 1883 until its closure in 2007. The 40,000 square foot building located on 1.8 acres will house the Augusta Distillery’s first large-scale operation. , with plans to reach full production capacity by summer 2024.
“The Augusta Distillery team is proud of our plan to build a state-of-the-art facility in Augusta, Ky.,” said Judd Weis, Co-Founder and Vice Chairman of the Board of Augusta Distillery. “We are creating an extraordinary distillery, customer experience and event center. We hope that by delighting our consumers, this investment will create a spike in local tourism and additional economic opportunities for our neighbors in Augusta and Bracken County. We would like to thank the Commonwealth of Kentucky, the City of Augusta and the County of Bracken for their support in making this project possible. This is a very exciting time for our team and our neighbors. Come visit us to taste and see our plans.
Augusta Distillery was founded in July 2018. Company leaders are focused on creating authentic, curated bourbon-centric experiences in Augusta and across the United States. The initial expression of the Augusta brand, Buckner’s 13-year-old cask-aged bourbon, is distributed nationally and is available at retail in Kentucky and Ohio. Augusta’s next product offering is expected to arrive later this year. The company was recently added as an artisan member of the Kentucky Distillers’ Association.
The groundbreaking continues the recent growth of the Commonwealth’s bourbon and spirits sector. Since the start of the Beshear administration, Kentucky’s spirits industry has seen more than 50 announcements of new locations or expansion with more than $1.1 billion in planned investment creating more than 900 full-time jobs. advertisement.
Currently, around 60 spirits establishments directly employ more than 5,300 people. Kentucky’s bourbon sector is a nearly $9 billion flagship industry, supporting more than 22,500 jobs and an annual payroll exceeding $1.23 billion. Governor Beshear has also worked with US Commerce Secretary Gina Raimondo to remove harmful bourbon tariffs on trade with the UK and European Union, ensuring continued strength in the export market.
Bracken County Judge/Executive Tina Teegarden said the project contributes to a larger effort to create a better future across the region.
“Economic development and the development of tourism within the communities of our county are vital. We are delighted that the Augusta Distillery Partners have chosen our beautiful river town, Augusta, to build and develop,” said Judge Teegarden. “I believe their growth and success will be immediate and I look forward to seeing their new venture prosper with all of Bracken County.”
Augusta Mayor Michael Taylor said the community is growing rapidly thanks to businesses like Augusta Distillery.
“Augusta’s tourism continues to grow. The river, our history and our quaint downtown is the perfect place to spend a day or night,” said Mayor Taylor. “The riverside Beehive Augusta Tavern and the newly renovated 10-room Augusta Guesthouse are proof that things are happening in Augusta. We congratulate the Augusta Distillery and are thrilled to have them in town and open to receive guests!
To encourage investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in March approved the company for tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows licensed companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development, and electronic processing.
For more information on Augusta Distillery, visit AugustaKyDistillery.com.