Independent Stave Co., Inc. agreed to acquire Cooperage in Trinity, Alabama from Brown-Forman Corporation (NYSE:BF.B) on February 16, 2024. The cooperage will continue to make barrels for the Jack Daniel Distillery as part of a strategic relationship between the companies. ISCO will rename the cooperage from the Jack Daniel Cooperage to the Alabama Cooperage upon closing, the transaction expected to close by May 1, 2024.

Independent Stave Co., Inc. completed the acquisition of Cooperage in Trinity, Alabama from Brown-Forman Corporation (NYSE:BF.B) on May 1, 2024.