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In reply to the discussion: Jim Beam Shutting Down Bourbon Distillery in Kentucky [View all]underpants
(195,910 posts)53. This says "pausing production" due to aging barrels of spirits tax (inventory)
Popular Kentucky bourbon maker Jim Beam plans to pause production at its main distillery on January 1, according to the James B. Beam Distilling Co.
The decision comes as Kentucky faces an increasing supply of aging barrels and uncertainty over President Donald Trumps trade wars.
Kentucky has an all-time high of 16.1 million aging barrels of bourbon in its warehouses, the Kentucky Distillers Association said in October. Distillers are paying for that supply, since the state charges taxes on aging barrels of spirits. Kentucky distillers paid $75 million in aging barrel taxes this year, up 27% from 2024, according to the trade group.
https://www.cnn.com/2025/12/21/business/jim-beam-tariffs-pause-production
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Jim Beam is owned by Suntory and 57% of their PAC's political donations in 2024 went to Republicans.
meadowlander
Dec 22
#67
There ya go. Donate a $10,000 gold plated clock for the lobby of the forthcoming Trump Kennedy Memorial
3Hotdogs
Dec 21
#17
Most likely saving money on wages, doubtful the primary goal is benevolent, imo. ...
littlemissmartypants
Dec 21
#31
tRUMP's hatred and racism has permanently destroyed the Canadian whiskey markets and.....
wolfie001
Dec 21
#14
"Persistent trade tensions" my arse. Cowards. Just say it. Trump tariffs are toxic to the economy
Raven123
Dec 21
#18
Unfortunately for Kentucky, my blue state of Washington distills a superb bourbon.
Aristus
Dec 21
#25
I hope Jim Beam is clear to the state's voters that this is due to the Trump tariffs.
Beartracks
Dec 21
#41
I get in trouble with liquor stores when I loudly state that only 1% of that expensive bottle
erronis
Dec 21
#42
So it will be interesting to see how orange piggy blames President Biden for this which is a result of orange piggy's
kimbutgar
Dec 21
#43
Just to be clear, this is not a Canadian Federal decision, it is done province by province and
Bev54
Dec 21
#44
Suntory Global Spirits is a huge Japanese company, headquartered in New York City.
patphil
Dec 21
#45
KY is a red-state. So, it could be argued that this is what they voted for, right?
QueerDuck
Dec 21
#47
Beam and RC Cola. This says "one of..." but I can't find any other KY distillery
underpants
Dec 21
#52
This says "pausing production" due to aging barrels of spirits tax (inventory)
underpants
Dec 21
#53