For Immediate Release – July 19, 2018
LOUISVILLE, Ky. – The world’s eight leading whiskey associations will gather in Kentucky, the Birthplace of Bourbon, next week in a historic summit to discuss trade issues that threaten the growth of this iconic, international industry.
The “W8 – Spirit of Collaboration Summit” is being hosted and coordinated by the Kentucky Distillers’ Association, a non-profit trade group founded in 1880 as the Commonwealth’s voice for Bourbon and distilled spirits issues.
KDA President Eric Gregory said this first-ever gathering of the world’s whiskey associations will serve as an open exchange of ideas, strategy and a shared commitment to preserving free and fair trade. ““Now more than ever, our groups need to be communicating directly and, hopefully, speaking with a unified voice.
“The global whiskey industry has been enjoying an unprecedented level of success to the benefit of our legendary producers, consumers, countries and local communities,” he said. “It’s critical that we maintain this momentum and ensure that world leaders understand the deep economic impact of whiskey and how it will be affected if this unfortunate trade war escalates or continues to extend.
“The potential for long-term damage is real.”
Participating trade associations include:
- Distilled Spirits Council
- Irish Whiskey & Spirits Associations
- Japan Spirits & Liqueurs Producers Makers Association
- Kentucky Distillers’ Association
- Scotch Whisky Association
- Spirits Canada
- The President’s Forum
The group will meet July 25 and July 26 in Louisville, ending with a press conference and ceremonial planting of a white oak tree outside the Frazier History Museum on Whiskey Row, the site of the upcoming Kentucky Bourbon Trail Welcome Center.™
Kentucky Bourbon is one of the Commonwealth’s most historic and treasured industries, a booming $8.5 billion economic engine that generates as many as 17,500 jobs with an annual payroll topping $800 million and pours $825 million into tax coffers each year.
In addition, the industry is in the middle of a $1.2 billion building boom, from innovative new tourism centers to expanded production facilities, all to meet the growing global thirst for Kentucky Bourbon.
There are now 39 companies operating 52 distilleries in the Commonwealth making 6.8 million barrels of aging Bourbon – all modern records. Distillers also paid a record $19.2 million last year in barrel taxes that fund critical local programs such as education, public safety and health.
For more information, contact:
KDA President Eric Gregory: (502) 875-9351
Founded in 1880, the Kentucky Distillers’ Association is the historic voice for Kentucky’s signature Bourbon and distilled spirits industry. Its diverse and growing membership produces 90 percent of the world’s Bourbon, from legendary, global brands to emerging micro distilleries that are fostering the next generation of the Commonwealth’s timeless craft and treasured economic engine. Member benefits include media relations, international trade development, private sampling events, technical assistance, economic development support, networking, legal defense, marketing strategies, governmental and regulatory advocacy and innovative tourism experiences through the KDA’s world-famous Kentucky Bourbon Trail® and Kentucky Bourbon Trail Craft Tour® adventures. The KDA maintains an open membership policy, champions a strong commitment to the responsible and moderate consumption of spirits, and fights to curb underage drinking and drunk driving. Learn more at www.kybourbon.com and www.kybourbontrail.com
KENTUCKY BOURBON TRAIL®, KENTUCKY BOURBON TRAIL CRAFT TOUR®, KENTUCKY BOURBON AFFAIR™, KBT™, and BOURBON TRAIL™ are trademarks/service marks of the Kentucky Distillers’ Association. Please savor our Bourbon and distilled spirits like a true Kentuckian – Responsibly.