This week in the bourbon industry in the United States, there have been several noteworthy developments across product releases, events, controversies, techniques, celebrities, finance news, and equipment releases. Here’s a comprehensive summary of the latest news:
Product Releases
- Michter’s 2024 Limited Edition US1 Barrel Strength Kentucky Straight Rye: Michter’s announced the release of its 2024 Limited Edition US1 Barrel Strength Kentucky Straight Rye, with a proof of 110.2. This single barrel product is noted for its rich and complex whiskey, marking a significant release for the brand[20].
Events
- Bourbon & Beyond Festival 2024: The Bourbon & Beyond Festival lineup for 2024 has been announced, featuring headliners such as Zach Bryan, Tyler Childers, and Cody Jinks. The festival, set to take place in Louisville, Kentucky from September 19-22, is celebrated for its combination of music and bourbon culture, showcasing some of the biggest names in independent country music alongside a curated bourbon experience[17].
- Beer, Bourbon & BBQ Festival in Cary 2024: Cary, North Carolina, will host the Beer, Bourbon & BBQ Festival in early August at Koka Booth Amphitheatre. The festival promises a weekend filled with craft brews, fine bourbons, and BBQ galore, accompanied by live music[13].
Controversies
- American Whiskey Industry Concerns: The American whiskey industry is facing potential challenges due to the EU’s plan to impose a 50% tariff on imports of American whiskey next year. This move could significantly impact the $5.1 billion industry, which has seen explosive growth over the past two decades[18].
Techniques
- Innovation in Bourbon Production: The bourbon industry continues to innovate in production techniques. Michter’s 2024 Limited Edition US*1 Barrel Strength Kentucky Straight Rye is an example of how distilleries are experimenting with barrel entry proofs to create richer and more complex whiskeys[20].
Celebrities
- Fred Minnick’s Big Game Bourbon Event: Bourbon authority Fred Minnick hosted a bourbon tasting event at The Foundation Room in Mandalay Bay Resort and Casino, Las Vegas. The event, which aimed to raise funds for the Forgotten NotGone charity, saw participation from celebrities like Tom Sandoval and Rick Harrison[11].
Finance News
- Kentucky Bourbon Industry’s Economic Impact: The bourbon industry in Kentucky is celebrating record growth, with the sector pumping $9 billion into the state’s economy annually. This growth is attributed to increased jobs, tourism, and significant capital investments by Kentucky producers[15][16].
Equipment Releases
- No specific equipment releases were mentioned in the provided articles.
This week’s news highlights the bourbon industry’s dynamic nature, from exciting product releases and events to the challenges posed by international tariffs. The industry’s commitment to innovation, quality, and community involvement remains evident across these developments.
More Reading
https://gardenandgun.com/articles/seven-standout-southern-bourbon-festivals/
https://www.mashed.com/1379329/bourbon-industry-scandals/
https://www.heraldledger.com/bardstown-announces-first-national-bourbon-week/article_8b047d2c-e433-5fe4-ac84-ad919359fa9b.html
https://www.forbes.com/sites/bradjaphe/2023/10/21/the-worlds-best-bourbon-according-to-the-2023-international-wine-and-spirits/?sh=6f4c3c181bf6
https://www.savingcountrymusic.com/about-this-massive-2024-bourbon-beyond-fest-lineup/
https://www.insidehook.com/drinks/what-is-allocated-bourbon
https://whiskymag.com/articles/kentucky-bourbon-festival-2023-catching-up-with-the-commonwealth/
https://www.kentucky.com/lexgoeat/bourbon/article282283753.html
https://www.kentucky.com/lexgoeat/bourbon/article281804803.html
https://www.gearpatrol.com/food/drinks/a42645345/new-whiskey-releases-2023/
https://www.usatoday.com/story/entertainment/music/2024/02/09/super-bowl-events-las-vegas-parties-concerts-experiences/72524150007/
https://www.foodtechbiz.com/product-launches/britannia-winkin-cow-expands-its-portfolio-with-britannia-bourbon-in-a-milkshake-format
https://rove.me/to/north-carolina/beer-bourbon-and-bbq-festival
https://finance.yahoo.com/news/20-states-most-distilleries-us-073644715.html
https://apnews.com/article/kentucky-bourbon-whiskey-record-growth-c6fecd8c74485354aca1f19301cb5bc8
https://www.usnews.com/news/business/articles/2024-02-06/a-booming-bourbon-industry-has-kentucky-leaders-toasting-record-growth
https://www.usmagazine.com/entertainment/news/2024-music-festival-guide-coachella-bonnaroo-and-more/
https://www.cnn.com/2023/11/13/investing/premarket-stocks-trading/index.html
https://vinepair.com/booze-news/anchor-brewing-company-sale/
https://www.gobourbon.com/new-release-michters-2024-limited-edition-us1-barrel-strength-kentucky-straight-rye/
