Several Companies Announce Big Expansion Plans in KY

In the wake of the recently passed corporate tax cut (from 35% to 21%), several companies have announced plans to expand their production facilities, all of which are in Kentucky churning out bourbon. And the influx of capital will allow them to produce even more. SUNTORY HOLDINGS TO INVEST $900 MILLION TO UP BOURBON PRODUCTIONBeam Suntory parent company Suntory Holdings has announced plans to invest about $900 million to increase US bourbon production over the next five years, per Nikkei