Big Trouble Malting and Spirits will open a new malting facility and craft distillery in the city of Petersburg, in the US state of Virginia.
As part of its plans, the company will invest in site improvements, equipment, and new building construction and renovate an underutilized historic building.
The new facility will use barley, wheat, rye, and fruits sourced from agricultural producers in the state, to produce malts and spirits.
Virginia Agriculture and Forestry Secretary Todd Haymore said: "Big Trouble's investment is exciting not only for Petersburg and the Commonwealth's fast-growing craft beer and distilled spirit industries, but also for Virginia agricultural producers who are capitalizing on new or expanded markets for their harvests."
The new facility will create nine new jobs in Petersburg.
Besides producing own malts and spirits, Big Trouble will sell malts, a much needed ingredient for Virginia's craft beer industry, to local brewers.
Virginia Governor Terry McAuliffe said: "In partnership with Petersburg and Big Trouble, we are also highlighting Virginia's ability to work with big companies and smaller operations, such as our burgeoning craft beverage industry. Virginia's status as a world-class wine, cider, beer, and spirits producer is rising and we aim to raise it even higher."
Currently, Virginia has over 260 wineries and cideries, 100 craft breweries, and 20 craft distilleries.