How many jobs is Brown-Forman cutting and when? What to know about layoffs, cooperage
Brown-Forman, the Louisville-based maker of spirits including Jack Daniels, Old Forester and Woodford Reserve, plans to cut 12% of its workforce.
Just Askin' | What is a cooperage? What to know as Brown-Forman closes its facility
The Louisville-based company's facility, where barrel makers — also known as coopers — produce the white oak barrels that hold Brown-Forman's whiskey brands: Jack Daniel's, Old Forester, Woodford Reserve and Coopers' Craft.
Brown-Forman's cooperage closure could have ripple effect on Louisville's economy
The announcement of Brown Forman's decision to close its Louisville cooperage, and cut 210 jobs, could have a larger effect on the region's economy, according to Thomas Lambert, an associate professor at the University of Louisville College of Business.
Kentucky whiskey giant Brown-Forman laying off hundreds, closing Louisville cooperage
The Brown-Forman Cooperage, 420 MacLean Ave. in Louisville, Ky., Tuesday, May 28 2013. The cooperage which made more than 600,000 barrels per year with nearly 85% of them being made for Jack Daniels, is being closed permanently and more than 200 laid off.
Brown-Forman to reduce workforce by 12%, close Louisville Cooperage
Brown-Forman (BF.B) (BF.A) announced a series of strategic initiatives. These initiatives include a workforce reduction affecting approximately 12% of the company’s global workforce, and closing the Louisville-based Brown-Forman Cooperage.
Brown-Forman closing Louisville cooperage, reducing global workforce by 12%
Brown-Forman Corporation announced Tuesday morning that it is closing its cooperage in Louisville and laying off 12 percent of its workers across the globe.
Brown-Forman Announces Workforce Reductions And Closure Of Cooperage In Strategic Restructuring
Brown-Forman Corporation (BFB), a U.S.-based spirits and wine producer headquartered in Louisville, Tuesday announced a series of
Jack Daniel's parent Brown-Forman is cutting its workforce and closing its barrel-making plant
Spirits giant Brown-Forman Corp. said Tuesday it's reducing its global workforce by about 12% and closing its hometown barrel-making plant in Louisville. The cost-cutting moves come as American whiskey producers face stiff challenges from changing consumer trends and renewed tariff threats.
Brown-Forman to cut about 12% of global workforce as part of restructuring
Forman said on Tuesday it will lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid weak alcohol demand. The company has struggled with high input costs,
Struggling Brown-Forman changes marketing leader, cuts jobs
Jack Daniel’s owner Brown-Forman is reducing its workforce by 12% as it battles a slow spirits market and foreboding trends.
Brown-Forman Lays Off 12% of Workforce
Brown-Forman, the parent company of Jack Daniel's whiskey and Woodford Reserve bourbon, is laying off approximately 12% of its 5,400 employees.
The Courier-Journal2d
Brown-Forman choice to shutter Louisville cooperage isn't surprising, expert says. Here's why
Brown-Forman use to have more than one barrel making facility, he noted, and at one point, was among just a few cooperages supplying the industry. “Over the years they've slowly gotten out of th ...
The Indianapolis Star4d
Brown-Forman to close Louisville cooperage, see 12% layoffs amid 'strategic initiatives'
The Louisville cooperage, where Brown-Forman makes it barrels, will be closed no later than April 25, which will impact roughly 210 hourly and salaried employees. The company plans to source ...
TD Cowen adjusts Brown Forman price target amid extended slowdown in spirits demand
TD Cowen maintained its Hold rating on Brown Forman (NYSE:BFb) (NYSE:BF-B) shares but reduced the price target significantly from $50.00 to $38.00. This adjustment follows the company's announcement ...
Brown-Forman shake-up wins praise amid spirits industry downturn
Wall Street analysts see the positives as the spirits major seeks savings – in part via job cuts – to “position the company ...
'This closure reflects a broader trend': Local leaders react to closing of Brown-Forman Cooperage
Brown-Forman will be closing its last remaining cooperage by April. Hear what local leaders in the barrel industry have to ...