TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Sales of bourbon, Tenn. whiskey up around world

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Daily Photo Galleries

By The Associated Press
Tuesday, Feb. 4, 2014, 10:21 p.m.
 

Global thirst for Kentucky bourbon and Tennessee whiskey caused exports to spike beyond $1 billion for the first time ever in 2013, a distilled spirits trade group said on Tuesday.

Together, bourbon and sour mash exports grew a projected 5 percent, from $956.8 million in 2012 to just past $1 billion last year, the Distilled Spirits Council announced.

Bourbon and sour mash revenues shot up even higher at home, rising by a projected 10.2 percent last year, the council said.

Their performance overseas drove overall American distilled spirits exports above $1.5 billion, the council said. It marked the fourth straight year of record exports for American-crafted spirits.

The steady rise reflects a growing reputation for American distilled spirits overseas, the group said.

“There is a genuine affection for ‘Brand America' as a symbol of quality and taste,” said Christine LoCascio, the council's senior vice president for international trade.

The council said the export figures are based partly on data from the U.S. International Trade Commission.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. H-D Advanced Manufacturing in Franklin Park buys aerospace components maker Firstmark
  2. Government contests sale of GE appliance business to competitor Electrolux
  3. Alpha Natural Resources buys out European partner in Marcellus venture
  4. Kraft shareholders approve merger with Heinz
  5. June manufacturing growth shows expansion
  6. Rules holding for-profit schools accountable for student earnings go into effect
  7. SEC votes to expand clawbacks of executive bonuses
  8. Halliburton to close Indiana County office
  9. Stocks rise on wind of Greece resolution
  10. Snappers treat revitalizes Lawrenceville’s Edward Marc Brands chocolatier
  11. U.S. Steel, Alcoa lead June decline