LouisvilleKY’s Brown-Forman Makes Commitment to Barrel Making with Investment
Modernization of Facility Requires Reduced Workforce in 2019 LOUISVILLE, Ky.–(BUSINESS WIRE)–Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) announced that it will invest $45 million in the Brown-Forman Cooperage in Louisville, Kentucky. The investment will modernize the Cooperage, reduce operating cost by improving efficiency, and allow the continued production of high quality barrels in Louisville. The new equipment will be focused in the Heading and Staving departments and necessitate the elimination of 70 hourly positions once fully implemented in early 2019. The Cooperage will continue to employ approximately 205 individuals. All impacted employees, determined by the current UAW contract, will be offered a variety of…
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