Friday, October 30, 2009
Jimmy Russell, Rock Star.
Bruce Schreiner does a good job covering the American whiskey business for AP. His article today describes how the master distillers of American whiskey have become like rock stars on the international circuit of whiskey festivals and other events. As usual with an AP story, you can find it on the web in about 5,000 places, but one of them is here.
Thursday, October 29, 2009
Where Are The Enthusiast Bourbons From Beam Global?
This post isn't about Red Stag. Let's just say that a lot of whiskey enthusiasts are viscerally offended by the very existence of Red Stag. Others are primarily offended by the advertising slogan, "A New Breed of Bourbon," arguing that Beam Global should be prohibited from calling it bourbon without a modifier like "flavored."
I'm not as hostile to Red Stag as some people are, but as I've said from the beginning, it's not for us. Red Stag is intended for people who like to think of themselves as whiskey drinkers but want it to taste like Peach Schnapps. You know, Southern Comfort drinkers.
My criticism of Beam Global is a little different. Potentially, gimmicks like the Knob Creek drought, or gimmicky products like Red Stag, can be viewed as floating the corporate boat and making it possible for them to also give us truly great products. Ideally, these things will make them a pile of money that they can invest in making something cool that we might like. I might be able to sell that rationale to the bourbon enthusiast community. Producers such as Four Roses, Heaven Hill and Buffalo Trace understand and keep that bargain. Beam Global gives us plenty of gimmicks, but they aren't giving us the esoteric products we crave.
Okay, fair is fair. Knob Creek--promotional gimmicks aside--is an outstanding whiskey. So are Booker's and Baker's. But they're all 20 years old! Where is the single-barrel Booker's? Where is the 15- or 20-year-old Beam bottling? Where are the Beam limited editions; not fancy bottles, but truly exceptional whiskey?
Beam Global owns Maker's Mark and, again, fine whiskey in itself, but their one and only expression is 50 years old. The only variation they ever give us is different colored wax.
Bourbon enthusiasts buy a lot of bourbon. We also influence a lot of people about what bourbon they should buy. We try new stuff. We fill the web with bourbon talk. That's why all of the producers cater to enthusiasts in one way or another. Beam just isn't pulling its weight.
As we say here in Illinois, ubi est mea ("where's mine?").
Tuesday, October 27, 2009
Woodford Seasoned Oak Finish Out November 1.
Woodford Reserve Master’s Collection Seasoned Oak Finish will be released on November 1. I told you about this limited edition bottling here, but with the official launch comes a press release. Here are some excerpts:
It is the fourth in the series of limited edition bottlings and continues Woodford Reserve’s tradition of crafting rare whiskeys that extend the category in bold new directions.
Seasoned Oak Finish features bourbon finish-aged in unique barrels crafted with wood that has been seasoned longer than any previously used in the industry.
"Of all the distillers in our industry, we are the only bourbon company that crafts its own barrels, giving us unique knowledge and control of the process," said Woodford Reserve Master Distiller Chris Morris. "As the rough oak staves are exposed to seasonal weather changes and subsequently dried, this natural cycle develops a new range of flavors in the wood."
This seasoning progression changes the wood by reducing tannins and ultimately creates a new range of flavor compounds. The staves for most bourbon barrels are seasoned for three to five months; however, Seasoned Oak Finish combines fully-matured Woodford Reserve with barrels crafted from wood that has been exposed to the outdoors for three to five years -- the longest seasoning known in the bourbon industry.
Released periodically at the master distiller’s discretion, the Master’s Collection whiskeys are extremely limited in quantity and bottled only once in a proprietary package inspired by the copper pot stills of The Woodford Reserve Distillery.
Woodford Reserve Seasoned Oak Finish will be sold in 44 U.S. markets, and a limited quantity will be available in Canada, the United Kingdom, Belgium, France, Germany, Spain, New Zealand and Australia. Each bottle is individually hand-numbered and presented at 100.4 proof. Available in major metro markets, only 1,337 cases are available with a suggested retail price of $89.99 for a 750ml bottle.
It is the fourth in the series of limited edition bottlings and continues Woodford Reserve’s tradition of crafting rare whiskeys that extend the category in bold new directions.
Seasoned Oak Finish features bourbon finish-aged in unique barrels crafted with wood that has been seasoned longer than any previously used in the industry.
"Of all the distillers in our industry, we are the only bourbon company that crafts its own barrels, giving us unique knowledge and control of the process," said Woodford Reserve Master Distiller Chris Morris. "As the rough oak staves are exposed to seasonal weather changes and subsequently dried, this natural cycle develops a new range of flavors in the wood."
This seasoning progression changes the wood by reducing tannins and ultimately creates a new range of flavor compounds. The staves for most bourbon barrels are seasoned for three to five months; however, Seasoned Oak Finish combines fully-matured Woodford Reserve with barrels crafted from wood that has been exposed to the outdoors for three to five years -- the longest seasoning known in the bourbon industry.
Released periodically at the master distiller’s discretion, the Master’s Collection whiskeys are extremely limited in quantity and bottled only once in a proprietary package inspired by the copper pot stills of The Woodford Reserve Distillery.
Woodford Reserve Seasoned Oak Finish will be sold in 44 U.S. markets, and a limited quantity will be available in Canada, the United Kingdom, Belgium, France, Germany, Spain, New Zealand and Australia. Each bottle is individually hand-numbered and presented at 100.4 proof. Available in major metro markets, only 1,337 cases are available with a suggested retail price of $89.99 for a 750ml bottle.
Monday, October 26, 2009
How Much for Stitzel-Weller Whiskey? How about $350?
If you are looking to spend about $350 on a special gift for a bourbon enthusiast, here’s a suggestion: a very limited Old Rip Van Winkle Family Selection 23 year-old bourbon in an engraved and numbered decanter from Glencairn Crystal of Scotland
Although the press release doesn’t say so, the whiskey was distilled at the legendary Stitzel-Weller Distillery. It aged there initially, then was transferred to Buffalo Trace to finish aging there. It is wheated bourbon, of course.
Julian and Preston Van Winkle personally selected the barrels to be dumped for this bottling. The bourbon is not chill-filtered, leaving all of the flavor and complexity intact. It is bottled at 114° proof, which was the original barrel entry proof.
"This is some of our best whiskey," commented Julian Van Winkle. "I’m thrilled to offer this new expression of Old Rip. Hopefully, whiskey aficionados will appreciate the rich taste of this bourbon as much as I do."
Only 1,200 decanters were produced. The set comes in a solid wood, leather-lined box and includes a crystal stopper and two crystal glasses.
Look for it in stores late November. If you are interested, don't wait for it simply to appear. Talk to your whiskey monger now. For more information go to www.oldripvanwinkle.com.
It may seem like there is a lot of Stitzel-Weller whiskey turning up lately, but there is very little left, and none of it will be sold cheap. These days, the only way to get Stitzel-Weller whiskey cheap is to go dusty hunting.
It also should be noted that not all Stitzel-Weller whiskey is created equal, although it ranges from merely great to stupendous. Selections made by Julian and Preston usually lean toward the stupendous. If you are looking for something a bit more affordable, their Family Reserve 12-year-old, known as Lot B by enthusiasts, can be had for about $45.
Stitzel-Weller was the distillery put together after Prohibition by Julian Van Winkle's grandfather, best known as Pappy. Stitzel-Weller made wheated bourbon long before Maker's Mark did. The family sold the distillery in 1972 and it stopped producing in 1992. It is now owned by Diageo, which uses the warehouses and some of the other facilities. It is located in the Louisville suburb of Shively. The Van Winkles, Julian and son Preston, are presently affiliated with Buffalo Trace.
Although the press release doesn’t say so, the whiskey was distilled at the legendary Stitzel-Weller Distillery. It aged there initially, then was transferred to Buffalo Trace to finish aging there. It is wheated bourbon, of course.
Julian and Preston Van Winkle personally selected the barrels to be dumped for this bottling. The bourbon is not chill-filtered, leaving all of the flavor and complexity intact. It is bottled at 114° proof, which was the original barrel entry proof.
"This is some of our best whiskey," commented Julian Van Winkle. "I’m thrilled to offer this new expression of Old Rip. Hopefully, whiskey aficionados will appreciate the rich taste of this bourbon as much as I do."
Only 1,200 decanters were produced. The set comes in a solid wood, leather-lined box and includes a crystal stopper and two crystal glasses.
Look for it in stores late November. If you are interested, don't wait for it simply to appear. Talk to your whiskey monger now. For more information go to www.oldripvanwinkle.com.
It may seem like there is a lot of Stitzel-Weller whiskey turning up lately, but there is very little left, and none of it will be sold cheap. These days, the only way to get Stitzel-Weller whiskey cheap is to go dusty hunting.
It also should be noted that not all Stitzel-Weller whiskey is created equal, although it ranges from merely great to stupendous. Selections made by Julian and Preston usually lean toward the stupendous. If you are looking for something a bit more affordable, their Family Reserve 12-year-old, known as Lot B by enthusiasts, can be had for about $45.
Stitzel-Weller was the distillery put together after Prohibition by Julian Van Winkle's grandfather, best known as Pappy. Stitzel-Weller made wheated bourbon long before Maker's Mark did. The family sold the distillery in 1972 and it stopped producing in 1992. It is now owned by Diageo, which uses the warehouses and some of the other facilities. It is located in the Louisville suburb of Shively. The Van Winkles, Julian and son Preston, are presently affiliated with Buffalo Trace.
Friday, October 23, 2009
The House That Old Crow Built.
This is Berry Hill Mansion, in Frankfort, Kentucky. It was built by George Berry, who made his fortune as vice president of W. A. Gaines & Co., makers of Old Crow Kentucky Straight Bourbon Whiskey.
Old Crow Bourbon was first made by Dr. James C. Crow when he was master distiller at what is now Woodford Reserve. His whiskey was so famous that when he died suddenly in 1856, it seemed like a good idea to keep selling it anyway. A company was formed for that purpose, which after a couple of iterations became known as W. A. Gaines & Co. Hiram Berry, George's father, was one of the original investors.
The money was in New York, so was the company's president; but the distillery was just outside of Frankfort and Berry was the senior executive on the scene. He wasn't a distiller. We don't know for sure but he was probably more like the general manager. He was also a major shareholder. It made him a very rich man. He built the mansion he called Juniper Hill in 1900. In about 1910 he added a music room, the home's most spectacular feature.
Today, Berry Hill Mansion is owned by the Commonwealth of Kentucky. It is meticulously maintained and beautiful, inside and out. It is open to the public and also used for conferences, weddings, and other events. W. A. Gaines & Co. ceased to exist as anything other than a name at Prohibition. Today, Old Crow is made by Beam Global Spirits & Wine.
If you have any questions about the mansion, or want to rent it for an event, e-mail my buddy Paula Weglarz or call her at (502) 564-3000. If she doesn't answer they're probably racing at Keeneland.
Wednesday, October 21, 2009
This Is What Else I Do.
If you wish you could make a good living just writing about whiskey, so do I.
Like a lot of artists, if I may be so bold as to call myself that, I do several different things to get by. Most of them involve writing, but I also produce (video, audio) and consult. I have been a fulltime freelance writer for more than 20 years, primarily in marketing but not exclusively so.
I'm always looking for new business and since many people read this blog, I make a brief sales pitch from time to time. Here it is.
The main advantage to working with me is my depth of experience, in marketing and everything peripheral to it, with clients of every size. I am very good at translating corporate jargon into everyday English, for internal and external communications. I am also good at making technical material understandable to a non-technical audience. I’m a lawyer, which can come in handy for insurance, financial services, healthcare and other categories. In addition to writing (ads, brochures, scripts, speeches, features), I can help with strategy, planning, branding, you name it. Whatever it is, call me. I can help.
To reach me by email, click here. To download a one-page PDF with more information about my work, my clients, and how to contact me, click here. For my full CV, also in PDF format, click here. To get the free Adobe Reader, so you can read PDF files, go here.
Like a lot of artists, if I may be so bold as to call myself that, I do several different things to get by. Most of them involve writing, but I also produce (video, audio) and consult. I have been a fulltime freelance writer for more than 20 years, primarily in marketing but not exclusively so.
I'm always looking for new business and since many people read this blog, I make a brief sales pitch from time to time. Here it is.
The main advantage to working with me is my depth of experience, in marketing and everything peripheral to it, with clients of every size. I am very good at translating corporate jargon into everyday English, for internal and external communications. I am also good at making technical material understandable to a non-technical audience. I’m a lawyer, which can come in handy for insurance, financial services, healthcare and other categories. In addition to writing (ads, brochures, scripts, speeches, features), I can help with strategy, planning, branding, you name it. Whatever it is, call me. I can help.
To reach me by email, click here. To download a one-page PDF with more information about my work, my clients, and how to contact me, click here. For my full CV, also in PDF format, click here. To get the free Adobe Reader, so you can read PDF files, go here.
UPDATE 4/16/22: Just in case someone stumbles across this post, I have retired from the above sort of work and have deactivated the links in the paragraph above. Thank you for your interest.
Beam Global Announces Major Reorganization.
Reading corporate tea leaves (i.e., press releases) is never easy. So it is with Monday’s corporate reorganization announcement from Beam Global Spirits & Wine.
For one thing, you can bet that the words used to sell it in the board room are not the same words that appear in the press release. At least you hope savvy directors of a multi-billion dollar corporation are not dazzled by sentences like, “In addition to further building a high-performance organization that will enable faster decision-making and sharper focus on customers and consumers, the initiatives will also unlock resources that can be reinvested in driving brand growth.”
Although ‘unlock resources’ is corporate-speak for cost-cutting, the rest is gobble-dee goop.
But this part is interesting. The brand portfolio is being realigned into three groups. One of those groups is bourbon, just bourbon. One presumes rye is included, blends as well, though it’s not surprising they aren’t mentioned as neither amounts to very much business.
Beam’s bourbon portfolio includes Jim Beam, Maker’s Mark, Knob Creek, Booker’s, Baker’s, Basil Hayden, Old Grand-Dad, and Old Crow.
The other two brand groups are ‘mixables’ (rum, tequila, vodka and cordials) and ‘classics’ (cognac, scotch and Canadian whisky).
That this realignment involves brand management is to be expected but the three groups will also have their own finance, operations and human resources functions, with profit-and-loss responsibility. Presumably, ‘operations’ includes production, i.e., the distilleries. All this suggests that the groups will not be simply marketing divisions, but more like wholly-owned and self-contained subsidiaries.
Sales will be separate and will sell all three groups. The U.S. sales organization will be distributor-specific. It and the three brand groups will report to Bill Newlands, president of Beam Global’s U.S. business.
Internationally, Beam Global will merge its two current European regions into one, resulting in three groups based on geography: Europe, Asia/Pacific, and Emerging Markets/Travel Retail. The international units will report to Donard Gaynor, senior vice president and managing director – international.
Newlands and Gaynor will report to Matt Shattock, president and chief executive officer of Beam Global.
Beam Global has had a fascinating history to this point. It traces its origins to the Beam family and specifically to Jacob Beam, who started to make and sell whiskey in Kentucky in the late 18th century. It was a Beam family-owned business until 1920. After Prohibition, a group of Chicago investors owned it. After World War II, the son of one of those investors bought the others out. He and then his son-in-law ran the company, which made and sold Jim Beam Bourbon Whiskey and very little else. They sold it to American Tobacco Company, makers of Lucky Strike and Pall Mall cigarettes, in 1967.
Even though they no longer owned the company, members of the Beam family continued to have a major role at its two Kentucky distilleries, and in marketing its bourbons, as they do to this day.
It continued to be essentially a one-brand company; run, in very top-down fashion, by the tag team of Barry Berish and Rich Reese. Along the way, American Tobacco changed its name to American Brands, then sold its tobacco assets and changed its name again to Fortune Brands.
In 1987, Beam acquired National Distillers, a larger but poorer company. Although it was billed as a merger, Berish and Reese remained in charge.
But the National merger did change the company by making it a player in most distilled spirits categories, not just bourbon. This was crucial, considering the state of bourbon sales in 1987. Although the National deal netted three whiskey distilleries and such venerable brands as Old Grand-Dad and Old Crow, the real prize in Beam’s eyes was DeKuyper, whose Peachtree Schnapps had become a million-case brand.
Reese got the top job in 1997 when Berish retired. Reese himself retired in 2003. Reese was an interesting guy, who came to Beam as a salesman after a 12-year Major League Baseball career, at first base and in the outfield, mostly for the Minnesota Twins. He is perhaps best remembered as the batter who gave Nolan Ryan the single-season strikeout record in 1973.
In 2005, the Beam company transformed itself again. It helped Pernod Ricard buy Allied-Domecq, then the world’s #2 distilled spirits company. They split the spoils between them, giving Beam control of Maker’s Mark, as well as Canadian Club, Teacher’s Scotch, and several other major brands. The deal elevated Beam to the top rank of worldwide spirits companies. This time, unlike in 1987, senior management of the acquired company came on board in key positions.
The reorganization announced yesterday is further fallout from 2005. It is the first major move by new CEO Shattrock, who was hired in April from outside the company.
Although the faces change, Beam has always been a very smart company. They don’t make many mistakes. That’s why, from the narrow vantage point of the bourbon enthusiast, yesterday’s announcement should be regarded as good news. In effect, Beam has set-up an independent company just to look after its American whiskey assets, a company that is free to compete aggressively against its own stable mates in the scotch, Canadian, and other spirits categories. It will also have to live or die by its own success, more or less.
You can’t know for sure if this realignment will work, or even take, but considering Beam’s track record you probably should not bet against them.
For one thing, you can bet that the words used to sell it in the board room are not the same words that appear in the press release. At least you hope savvy directors of a multi-billion dollar corporation are not dazzled by sentences like, “In addition to further building a high-performance organization that will enable faster decision-making and sharper focus on customers and consumers, the initiatives will also unlock resources that can be reinvested in driving brand growth.”
Although ‘unlock resources’ is corporate-speak for cost-cutting, the rest is gobble-dee goop.
But this part is interesting. The brand portfolio is being realigned into three groups. One of those groups is bourbon, just bourbon. One presumes rye is included, blends as well, though it’s not surprising they aren’t mentioned as neither amounts to very much business.
Beam’s bourbon portfolio includes Jim Beam, Maker’s Mark, Knob Creek, Booker’s, Baker’s, Basil Hayden, Old Grand-Dad, and Old Crow.
The other two brand groups are ‘mixables’ (rum, tequila, vodka and cordials) and ‘classics’ (cognac, scotch and Canadian whisky).
That this realignment involves brand management is to be expected but the three groups will also have their own finance, operations and human resources functions, with profit-and-loss responsibility. Presumably, ‘operations’ includes production, i.e., the distilleries. All this suggests that the groups will not be simply marketing divisions, but more like wholly-owned and self-contained subsidiaries.
Sales will be separate and will sell all three groups. The U.S. sales organization will be distributor-specific. It and the three brand groups will report to Bill Newlands, president of Beam Global’s U.S. business.
Internationally, Beam Global will merge its two current European regions into one, resulting in three groups based on geography: Europe, Asia/Pacific, and Emerging Markets/Travel Retail. The international units will report to Donard Gaynor, senior vice president and managing director – international.
Newlands and Gaynor will report to Matt Shattock, president and chief executive officer of Beam Global.
Beam Global has had a fascinating history to this point. It traces its origins to the Beam family and specifically to Jacob Beam, who started to make and sell whiskey in Kentucky in the late 18th century. It was a Beam family-owned business until 1920. After Prohibition, a group of Chicago investors owned it. After World War II, the son of one of those investors bought the others out. He and then his son-in-law ran the company, which made and sold Jim Beam Bourbon Whiskey and very little else. They sold it to American Tobacco Company, makers of Lucky Strike and Pall Mall cigarettes, in 1967.
Even though they no longer owned the company, members of the Beam family continued to have a major role at its two Kentucky distilleries, and in marketing its bourbons, as they do to this day.
It continued to be essentially a one-brand company; run, in very top-down fashion, by the tag team of Barry Berish and Rich Reese. Along the way, American Tobacco changed its name to American Brands, then sold its tobacco assets and changed its name again to Fortune Brands.
In 1987, Beam acquired National Distillers, a larger but poorer company. Although it was billed as a merger, Berish and Reese remained in charge.
But the National merger did change the company by making it a player in most distilled spirits categories, not just bourbon. This was crucial, considering the state of bourbon sales in 1987. Although the National deal netted three whiskey distilleries and such venerable brands as Old Grand-Dad and Old Crow, the real prize in Beam’s eyes was DeKuyper, whose Peachtree Schnapps had become a million-case brand.
Reese got the top job in 1997 when Berish retired. Reese himself retired in 2003. Reese was an interesting guy, who came to Beam as a salesman after a 12-year Major League Baseball career, at first base and in the outfield, mostly for the Minnesota Twins. He is perhaps best remembered as the batter who gave Nolan Ryan the single-season strikeout record in 1973.
In 2005, the Beam company transformed itself again. It helped Pernod Ricard buy Allied-Domecq, then the world’s #2 distilled spirits company. They split the spoils between them, giving Beam control of Maker’s Mark, as well as Canadian Club, Teacher’s Scotch, and several other major brands. The deal elevated Beam to the top rank of worldwide spirits companies. This time, unlike in 1987, senior management of the acquired company came on board in key positions.
The reorganization announced yesterday is further fallout from 2005. It is the first major move by new CEO Shattrock, who was hired in April from outside the company.
Although the faces change, Beam has always been a very smart company. They don’t make many mistakes. That’s why, from the narrow vantage point of the bourbon enthusiast, yesterday’s announcement should be regarded as good news. In effect, Beam has set-up an independent company just to look after its American whiskey assets, a company that is free to compete aggressively against its own stable mates in the scotch, Canadian, and other spirits categories. It will also have to live or die by its own success, more or less.
You can’t know for sure if this realignment will work, or even take, but considering Beam’s track record you probably should not bet against them.
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