Pernod Ricard to Spend $250 Million on New Kentucky Whiskey Facility

A new long-term project is expected to boost the local Kentucky whiskey economy. Pernod Ricard plans to construct a new distillery for bourbon brand Jefferson’s in central Kentucky — just a 30-minute drive from nearby Bardstown, Ky., a popular site for whiskey distilling.

Spirits corporation Pernod Ricard holds brands such as Jameson Irish Whiskey, Absolut Vodka, and Glenlivet. It’s investing an initial $196 million (with a potential to grow to $250 million in the next decade) to construct a 75,000-square-foot facility to house Jefferson’s production, according to a Dec. 8 press release from the State of Kentucky.

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