Central Standard Craft Distillery
Milwaukee
Industry: Manufacturing
Founded: 2014
Projected 2017 revenue: $2 million
Central Standard Craft Distillery is in the process of opening its new 12,000-square-foot manufacturing facility in Milwaukee. The company has experienced significant growth over the past year in terms of sales, market growth and the addition of new employees.
Central Standard Craft Distillery produces handcrafted spirits including Wisconsin Rye Vodka, New American Gin, Coffee Vodka, Bourbon and Rye Whiskey.
As you can probably imagine, time is the biggest obstacle to the company’s growth, because it takes time to properly age a barrel.
The new facility will allow the distillery to produce more and continue its growth. The existing smaller facility will still be used for research and development of new, innovative products and flavors.
Central Standard is still in the growth phase and is constantly making changes to improve the business and its processes. According to the co-founders, Central Standard has barely scratched the surface of opportunity in terms of creative products.
Words of advice
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