Angel’s Share Brands, a US-based bourbon distiller, is set to establish a new distillery in Louisville, Kentucky to produce Angel's Envy bourbon and related brands.
The company also plans to invest $10m in the distillery over the first three years of operation for building materials and capital equipment.
Angel's Share is looking for tax incentives related to the project from the Kentucky Economic Development Finance Authority (KEDFA).
KEDFA has approved $800,000 in incentives for up to 10 years and a $72,000 in state sales tax rebates for the distillery, reported Business First.
The project is expected to create 40 new jobs with a total estimated payroll of $1.5m.
Angel's Share Brands is affiliated with Louisville Distilling with common management.
The distiller was established with Brown-Forman former master distiller Lincoln Henderson's support and signed agreements with other distilleries to produce bourbon.
