Patriot Brands LLC, a start-up spirits-maker established earlier this year, plans to build a distillery and historical park in Pleasureville, Kentucky, with a $5 million investment, Kentucky Gov. Matt Bevin said in a press release.
“Start-ups like Patriot Brands are drivers of product diversity in the marketplace,” Bevin said. “Not only will this company add innovation to one of Kentucky’s signature industries, it will also be honoring the rich heritage of Kentucky distilling and paying tribute to the patriots who fought for the liberties we treasure today.”
Patriot Brands will construct an 8,000-square-foot distillery in Pleasureville called Six-Mile Creek Distillery, which will produce bourbon and other spirits. Construction is expected to begin in September with operations underway by August 2017.
The site will also provide educational opportunities. Working with local Amish community members, Patriot Brands plans to build a history park to honor patriots of the Revolutionary War and a grist mill. The location will also feature a bed and breakfast and several unique tasting venues, including an authentic 18th century log cabin and a 300-square-foot treehouse.
The company noted the Pleasureville location on Castle Highway (US 421) as a major selling point since the facility will lie less than an hour’s drive from both Louisville and Lexington and approximately 90 minutes from Cincinnati. The operation will also sit in the heart of bourbon country, within 35 miles of six major distilleries.
Patriot Brands is owned by Founder Damien Prather, a native Kentuckian and former tax attorney, who also owns PRA-CON, a construction company specializing in restaurant development
To encourage Patriot Brands’ investment and job growth in the community, the Kentucky Economic Development Finance Authority (KEDFA) in July preliminarily approved the company for tax incentives up to $200,000 through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the agreement term through corporate income tax credits and wage assessments by meeting job and investment targets.
Additionally, KEDFA approved Patriot Brands for up to $200,000 in tax incentives through the Kentucky Enterprise Initiative Act (KEIA). KEIA allows approved companies to recoup Kentucky sales and use tax on construction costs, building fixtures, equipment used in research and development and electronic processing.
Patriot Brands can also receive resources from the Kentucky Skills Network. Through the Kentucky Skills Network, companies can receive no-cost recruitment and job placement services, reduced-cost customized training and job training incentives. Last year, the Kentucky Skills Network trained more than 84,000 employees from more than 5,600 Kentucky companies.
A detailed community profile for Henry County can be viewed at www.bit.ly/henrycoky.
