Scope Plans are underway for a 408 million expansion of the Sazerac Spirits Distillery to Clark County Indiana. The bottling and distilled spirits company Sazerac Co. plans to expand its Southern Indiana presence to Clark County with this new spirit plant which will further bolster its Southern Indiana operationsThe new Sazerac Spirits Distillery will be developed on a 1400 acre undeveloped site located at 12200 Ind. 62 Charlestown Indiana. The facility is expected to create up to 369 full-time jobs by the end of 2027 with an average wage that is above the statutory earnings of the county. Employment opportunities will cut across hourly skilled labor and salaried supported staff. The Sazerac Spirits Distillery project in Clark County will be the companys second major project in Southern Indiana. Sazerac Co. also boasts of a subsidiary company in New Albany called Northwest Ordinance Distilling which also had its facility expanded recently in a 48.7 million proposal.The Indiana Economic Development Corp.IEDC intends to support the Sazerac Spirits Distillery project through incentive-based tax credits worth about 3.5 million over a 10 year period but this will be determined by the companys job creation plans. In addition the company will also be offered 3 million in the form of redevelopment tax credits based on their investment plans. These plans will be set in motion pending approval from the IEDC board of directors.One Southern Indiana1si the chamber of commerce and economic development agency for Clark and Floyd counties has also shown great support for this new Sazerac Spirits Distillery project. According to the organization this distillery is the largest investment to be publicized throughout the 15-year history of 1si.
🔍 Key Information
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Tender Reference No.
468861023
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Publication Date
30 Dec 2021
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Estimated Value
USD 408000000
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Sector
Agriculture, Food and Beverages
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Deadline
31 Dec 2027
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Notice Type
Projects
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Location
United states
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Contract Duration
6 Years 1 Day
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Documents & Downloads
No documents found
🏷️ CPV
No CPV found
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