TribLIVE

| Business


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

Sales of bourbon, Tenn. whiskey up around world

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.

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. EDMC schools on federal list for poor financial management
  2. McDonald’s simplifies recipe for grilled chicken
  3. New car buyers tap the brakes in March after torrid run
  4. McDonald’s to boost pay to at least $1 an hour over minimum wage
  5. Operating loss widens at Highmark parent
  6. Consol Energy files for IPO of coal spin-off
  7. Pennsylvania grid operator might delay power auction for new rules
  8. Anchor Hocking parent EveryWare files for Chapter 11
  9. Summer blend to boost gasoline prices over next month
  10. Venting online about job protected
  11. Corporate missteps hurt reputations, profits, sometimes in long run