The Lawrenceburg Distillery.
(Lawrenceburg, Ind.) - The company purchasing the Lawrenceburg Distillery is not sure how a sale would impact jobs or production.
MGP Ingredients, Inc. announced last week they have signed an agreement to purchase the 164-year-old distillery from Lawrenceburg Distillers Indiana, LLC for $15 million. The deal won’t close until it meets regulatory approval and other conditions, expected in early 2012.
The distillery currently employs about 200 people. The potential new owner is not sure how that number will fluctuate.
Because the deal has not closed, MGPI is not certain whether it will increase production of whiskey, bourbon, and other spirits at the facility, Shanae Randolph, MGPI’s Corporate Director of Communications, told Eagle 99.3 Tuesday.
Randolph said MGPI owns and operates a distillery in Kansas which is producing at nearly full capacity.
MGPI CEO and President Timothy Newkirk said in an announcement of the sale agreement that the purchase is in response to the numerous requests from our customers to supply them with high quality whiskeys, bourbons, vodkas and gins.
According to LDI's website, the distillery produces 28 million proof gallons each year as it operated 24 hours a day, seven days a week.