NASHVILLE (AP) - The historic Jack Daniel's Distillery is planning a $140 million expansion project to help meet global demand for prized Tennessee Whiskey.

The investment announced by Gov. Bill Haslam on Wednesday will be used to construct two new barrelhouses, expand the bottling facility and support the increasing number of visitors to the facility. Officials say more than 275,000 tourists from around the world visited the distillery in Lynchburg last year.

The Louisville, Kentucky-based Brown-Forman company owns the distillery. Company officials say the expansion will create 30 new jobs in Moore County.

The distillery underwent a $103 million expansion less than three years ago that added stills, barrel warehouses and related infrastructure. Officials say that investment created 94 jobs.

The Jack Daniel's Distillery is the oldest registered distillery in the U.S.