Executives of the London based liquor conglomerate are expected to offer details Thursday on the timeline for the $115 million project in Shelby County. They're also expected to shed light on what spirits will be produced there.
Diageo calls the project a major investment in Kentucky's bourbon industry. The new facility comes as Kentucky bourbon producers try to keep up with global demand.
The Kentucky Distillers' Association says Kentucky producers filled 1.2 million barrels of bourbon last year, the most since 1970. It says the inventory has topped 5 million barrels for the first time since 1977. In the '70's, there was a glut of bourbon but now producers are counting on a strong demand in coming years.