GATLINBURG, Tenn.--(BUSINESS WIRE)--Ole Smoky Distillery, one of the nation’s fastest growing spirits companies, announced today it has earned the Impact Blue Chip Award from M. Shanken Communications. The leading publisher in the U.S. Wine & Spirits industry is known for such magazines as Wine Spectator, Impact, Market Watch, Food Arts, and Cigar Aficionado.
Each year, Impact recognizes the beverage alcohol industry’s best long-term performers with its “Blue Chip” Brands. To earn honors, brands must show at least 10 consecutive years of volume growth, or average annual compound growth of at least 0.5% from 2011 through 2020, with positive growth in at least eight of those 10 years. In addition, the brands must have maintained gross margins of at least $25 million last year.
“We are honored to receive this important award. Impact Blue Chip Award winners are often called the ‘Stars of the Industry’, and this recognition confirms that Ole Smoky is one of the strongest brands in the spirits industry. This is the first time Ole Smoky has been named to this elite group – which is even more satisfying as we celebrate our 11th anniversary,” said Robert Hall, CEO, Ole Smoky Distillery.
The Impact Blue Chip Brand Award Winners are named in today’s edition of Shanken’s Impact Newsletter and will be featured in the December issue of Market Watch.
About Ole Smoky® Distillery LLC
Ole Smoky is one of the fastest growing spirits companies in the US and is the leading distiller of premium moonshine in the world, the leading craft distiller in the U.S. and the first federally licensed distillery in the history of East Tennessee. Founded in 2010, Ole Smoky’s roots are traced to the Smoky Mountains’ earliest settlers, families who produced moonshine with enduring pride and Appalachian spirit.
Ole Smoky Distillery has been recognized for two consecutive years on the notable Inc. 5000 list of America’s fastest growing private companies.
Today, Ole Smoky retails in all 50 states and over 20 countries around the world and offers more than 25 creative moonshine flavors and 17 inventive whiskey flavors. Ole Smoky can be found in liquor stores nationwide, as well as at the company’s four famed distilleries in Tennessee, The Holler and The Barrelhouse in Gatlinburg, The Barn in Pigeon Forge, and 6th & Peabody in Nashville. For more information, please visit olesmoky.com and follow Ole Smoky on social media @olesmoky.