Menendez Tours Local Craft Distillery in Latest Stop on Jersey Jobs Tour

Menendez Tours Local Craft Distillery in Latest Stop on Jersey Jobs Tour

Senator has cosponsored legislation to help grow NJ’s burgeoning craft industry, spur local economy, grow jobs

    

JERSEY CITY, N.J. – U.S. Senator Bob Menendez visited Corgi Distillery, the first and only craft distillery in Hudson County to see their operations firsthand and how New Jersey’s burgeoning craft beverage industry could benefit from legislation he has cosponsored that will help spur the local economy and grow jobs.  

 “The craft beverage industry is booming here in New Jersey, with breweries, wineries and distilleries popping up across our state, revitalizing older industrial areas, creating new businesses and new opportunities.  I wanted to see firsthand what it’s all about and how we can help an industry put more New Jerseyans to work,” said Sen. Menendez.  “Legislation I am cosponsoring will ultimately help these small startups flourish by providing both tax and regulatory relief to encourage growth, innovation and job creation.”

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 Sen. Menendez, a senior member of the Senate Finance Committee that sets national tax policy, has cosponsored the Craft Beverage Modernization and Tax Reform Act to help ensure the continued growth of America’s craft beverage industry by reducing excise taxes, compliance burdens, and regulations for brewers, cider makers, vintners, and distillers.  The legislation takes a tailored approach to address each beverage class’ unique challenges and to promote job creation in each sector. 

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Specifically, the Craft Beverage bill helps support the 5,300 breweries, 8,000 wineries, and 800 distilleries across the country by doing the following:

  • Lowers excise taxes by 80 percent for small, startup craft distilleries to help them get off the ground and compete
  • Relaxes restrictions on tax-free transfers of spirits between distillers
  • Reduces compliance and tax burdens for all producers, and improves excise tax administration
  • Exempts beverage producers from complex capitalization rules for aged products and levels the playing field between U.S. businesses and their international competitors
  • Continues Alcohol and Tobacco Tax and Trade Bureau (TTB) funding increases to streamline critical programs for brewers, cider makers, vintners, distillers, and distributors

The $253 billion American brewing industry supports 1.75 million direct and indirect jobs.  Wine contributes more than $162 billion and 1.1 million jobs, and spirits contribute more than $120 billion, employing 1.3 million workers.

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Corgi Distillery, which specializes in the production of gin and vodka, plans to open to the public next month.  The facility is part of Jersey City’s greater revitalization of an old industrial area to create jobs and stimulate the local economy.  It includes a tasting room and bar for visitors to enjoy cocktails and host events. 

 “Craft distilleries were up and coming and a new industry for a lot of states that seemed like a great opportunity for me to both own my own liquor brand and make the product myself,” said Corgi CEO Bob Hagemann, who bartended while earning his MBA before deciding to launch the business.  “We’re the first ever distillery in Hudson County, even before prohibition.  At about 60 cases a day building up our inventory, we have plenty of room and would like to expand and offer new products.”

As part of his Jersey Jobs Tour, Sen. Menendez is visiting each of the state’s 21 counties, meeting with business owners, entrepreneurs, workers, students, and local leaders to discuss how to drive innovation, create greater economic opportunity, and deliver prosperity to the people of New Jersey.   

The senator recently toured the construction site of the new Stockton University Atlantic City Campus to see firsthand how the future residential campus will serve as a catalyst for growth by increasing educational opportunities and creating a highly-skilled workforce to meet the demands of a new economy.  He also explored new innovative, high-tech workspaces in Kearny and Holmdel, met with local fishermen at the Jersey Shore, visited the world’s largest vertical farm in Newark, and spent time at a job training center in Elizabeth where he announced new legislation to create a direct jobs pipeline between community colleges and employers looking to hire. 

Check out Jersey Jobs Tour Travelblog with behind the scenes footage and photos, social media feeds of events, and full recaps of visits. 

 

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