The bourbon industry, long considered one of America’s most resilient markets, is facing a sobering reality: bankruptcies are sweeping through distilleries as demand falters and international trade challenges mount.
In just the past few months, three prominent bourbon makers have filed for bankruptcy protection, while others in the spirits industry have shuttered their doors entirely.
Distilleries in Crisis
Among the most notable bankruptcies:
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Garrard County Distilling Co. in Lancaster, Kentucky, once hailed for blending traditional craft techniques with modern production.
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Luca Mariano Distillery in Danville, Kentucky, which had positioned itself as a rising star in the premium bourbon segment.
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Westward Whiskey in…