Brown-Forman to sell Alabama Cooperage to Independent Stave Company
In a significant move within the whiskey industry, Brown-Forman Corporation (NYSE: BFA, BFB) announced the sale of its Jack Daniel Cooperage in Trinity, Alabama, to Independent Stave Company (ISCO), a leader in barrel manufacturing. Expected to close by May 1, 2024, the sale marks a strategic shift in operations, with the cooperage set to be […]