Reply To: Risk Management

 Evan Garmon

Sad news out of Owensboro, KY today as an estimated 4,000 bourbon whiskey barrels may have been damaged in a rickhouse collapse at O.Z. Tyler. This could have been prevented.

If your rickhouses you are storing your product in are over 20 years old, what investment are you willing to make to prevent a collapse? Would you build a new multimillion dollar facility, or would you choose to spend less than $50,000 to retrofit you building with a system that can track and alert you to structural movement? What about after a loss? Are you working with a team of professionals that can help navigate you through the loss and get your business up and going again instead of closing down?

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