Company Distilling, a new distilling company, will invest $20.2 million to establish new operations in Blount County, Tennessee. The company will create 60 new jobs and establish two multi-use facilities in Townsend and Alcoa for bourbon-whiskey manufacturing, tasting rooms and outdoor activities.

The Townsend location is set to open this year and will include a 4,000-square-foot tasting room and outdoor space for activities with access to the Great Smoky Mountains National Park.

“It’s this collaboration between friends seeking to produce a spirit worth gathering over that sparked the Company Distilling name. Not only will the whiskey be best when enjoyed among good company, but the distillery’s property provides ample opportunities for gathering and outdoor fun,” Company Distilling President Kris Tatum said.

The second location is set to open in 2022 in Springbrook Farm, a master planned “city center” in Alcoa. It will serve as the primary distillery and location for the spirit’s main manufacturing. The 20,000-square-foot refurbished building will include a tasting room and retail store along with family-friendly outdoor activities and entertainment on the property’s 31 acres.

“We’re proud to welcome Company Distilling to Tennessee and thank the company for its $20 million investment in Blount County. Company Distilling’s leadership team has a vast knowledge of the industry as well as the business landscape of the state, and I know the company will find great success in East Tennessee,” TNECD Commissioner Bob Rolfe added.