That is according to the president of the Kentucky Distillers Association, who says bourbon production in the state has increased by more than 50% since 1999.
Eric Gregory told a state legislative panel that in 2010, Kentucky distilleries produced 786,000 barrels of bourbon.
“We have more than five million barrels of bourbon and other whiskies aging right now in Kentucky," he said. "Of that, 4.7 million are bourbon. And the 2011 tax-assessed value of all those barrels is $1.5 billion, which is up $24 million since 2010.
According to the U.S. Census Bureau, the population of Kentucky is estimated to be 4,314,113.
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