A well-known distilling company has announced plans to revitalize the former General Mills Pillsbury plant in New Albany. The Indiana Economic Development Corp. says Louisiana-based Sazerac Co. Inc. will invest $66 million to establish a new alcohol bottling plant at the 455,000-square-foot facility, creating up to 110 jobs by 2021, including 50 by the end of this year. The company says it will "significantly expand" its alcohol processing, blending, packaging and distribution capabilities. 

The facility has been vacant since 2016. Sazerac will renovate and equip the plant, which is expected to be operational by the end of the year, and will initially phase in two to three packaging lines with plans to increase its production to meet expected demand.

"We’re excited for the opportunity to expand our operations into southern Indiana. We look forward to getting our construction underway at the new facility, then on to staffing and running our new plant," said Jeff Conder, vice president of manufacturing at Sazerac. "We’re so pleased we’ve been able to invest in our facilities as we have grown our brands. Extending our manufacturing footprint into Indiana would support future growth, and the business-friendly environment and the proximity of this facility to our three Kentucky plants makes it an ideal location."

The IEDC is offering Sazerac up to $900,000 in conditional tax credits and up to $150,000 in training grants, which the company will be eligible to claim once Hoosier workers are hired. The New Albany City Council will consider additional incentives next week. 

Sazerac employs nearly 2,000 people at its 11 facilities throughout North America.