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Brown-Forman closing Louisville cooperage, reducing global workforce by 12%

  • Brown-Forman announced layoffs affecting about 12% of its global workforce and will close its Louisville cooperage by April 25, impacting approximately 210 employees.
  • The restructuring is expected to save the company $70 to $80 million annually and generate over $30 million from selling cooperage assets.
  • Lawson Whiting, President and CEO, expressed gratitude to affected employees and emphasized the company's commitment to supporting them during the transition.
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Fox 17 broke the news in Nashville, United States on Tuesday, January 14, 2025.
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