Jim Beam halts production at flagship distillery for 2026 amid whiskey market slump
CNBC Television·2025-12-23 12:43
in three, two, one. >> Right. America's largest bourbon maker, Jim Beam, is pausing production at its flagship facility in Kentucky.The distiller is owned uh by Japan Santoi said the pause will begin on January 1st and last the entire year. The facility produces about a third of the company's annual output and bourbon sales have rapidly declined this year uh after more than 20 years of expansion uh in the US. Uh the slump is due in part to changing consumer behavior.A recent Gallup poll found that 54% of Am ...