By Lorie Hailey
LEXINGTON, Ky. (Nov. 16, 2012) — Alltech plans to spend $80 million on two expansion projects in central Kentucky.
Dr. Pearse Lyons, Alltech founder and president, told a group of business leaders about the plan Thursday during breakfast at Alltech’s Lexington Brewing and Distilling Co., the first stop on Commerce Lexington’s Kentucky Regional Tour. The two-day event emphasized collaborative possibilities between Lexington and Louisville and showcased the success of the region’s agri-economic sector.
Alltech will spend $40 million to expand the brewery and distillery, and $40 million on an expansion of its global headquarters in Nicholasville, Ky., Lyons said. Alltech is a leader in animal health and nutrition and is among the top 10 animal health companies in the world.
Lyons did not share details of the expansion plans at either facility.
In 2000, Alltech entered the beverage industry with the introduction of Kentucky Ale, its Irish red/English pale ale hybrid, which it produced at its brewery in downtown Lexington. It later added Kentucky Light and Kentucky Bourbon Ale, as well as a Bourbon-infused coffee beverage, Bluegrass Sundown, and a malt whiskey, Pearse Lyons Reserve.
Alltech’s Town Branch bourbon was launched in 2011. (Town Branch is named after the stream that runs under downtown Lexington, where many original distillers drew their water supply.)
The company’s $9.2 million, 20,000-s.f. distillery opened in September. It was built with Kentucky limestone and features glass walls on three sides to showcase the copper stills and fermentation tanks to outside viewers.
The first new distillery to be built in Lexington in more than 100 years, it recently was added to the Kentucky Bourbon Trail.
Founded in 1980, Alltech has offices and distributors in 128 countries; three bioscience centers; and 32 manufacturing facilities around the world. The company involved in philanthropic endeavors in the communities in which it operates.