Jim Beam to idle Kentucky distillery
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Bourbon maker Jim Beam is halting production at one of its distilleries in Kentucky for at least a year as the whiskey industry navigates tariffs from the Trump administration and slumping demand for a product that needs years of aging before it is ready.
Not a good sign... Over the past couple years we've heard time and time again about how Americans are drinking less alcohol. According to a recent Gallup poll, the percentage of Americans who drink has fallen to a record-low of 54%,
Operations will pause at Jim Bean's main distillery beginning in 2026, while company leaders "take the opportunity to invest in site enhancements."