Jim Koch, Boston Beer Company & Chris Weld, Berkshire Mountain Distillers on their New Partnership

-- we asked the question earlier in the program last and again. Are you receiving a match on your for a when they plan and just how much of a match. -- We've had it seems the range all over the without -- seeing one here from GE 71 says. That the GE is matches three and a half percent I thought it was more than but they may still have federal pension maybe some other GE workers. Could let us know where verify. What the matches on the 41 K plan AG I thought it was more than three and a half percent and then lowered it well. If it's three and -- half percent that would tell me that they still have their pension. So they're getting both get what they about the if you're in that situation getting three -- getting -- 41 K plan. You're getting the GE pension and you're getting Social Security that's a pretty nice retirement it is now so -- getting. Postal Service finally says the Postal Service. Receives no match on there -- savings but they have a pretty generous pension as I understand it and it just some of them are just happy jobs. And Wellington management. 617 to suggesting that Wellington management that's a big money manager in Boston. That they used to contribute the maximum allowable into the four went to a profit sharing plan. So the employee could not legally contribute I think they recently cut this back. -- so it's 97 -- as saying -- -- has a 4% match on their 5% employee contribution that's pretty generous percent. A lot of people. Calling well there employees as it employer earlier there is an -- Pinkerton academy Derry New Hampshire. Offering half match plus 1% up to six. If the -- to 339 says dole in Bailey profit sharing not sharing too often. Thrown -- like that most states do Illini. Good to hear any do we have our guest -- great great they were joined by Jim cook. From Boston Beer company and I believe that I believe Chris while the vote while Chris swelled from Berkshire mountain distillers. Good morning gentlemen -- Good morning well thank you. It's great that we have whiskey and beer -- guys. Yeah it's going to be a lot easier to have audibly and whiskey and beer and that we -- gonna. I was intrigued -- by your entry into the whiskey business what inspired this. Well it's not really. So much our entry into the whiskey business as. Collaborating. Where it Chris welded Berkshire mountain dispelling. Provide him. Sam Adams Boston lager and special Buick club Sam Adams. Tinderbox -- so that he can distilled those into whiskey -- -- wooden barrels. And we'll have a ready and a couple of years but it -- Kind of providing. The -- for the party and this is throwing the party. How Chris tell us how do you convert the year in two whiskey I I might remember my dad and I used to make beer. But I didn't know that I could -- turned it into whiskey. Well you Kenny may have happened you know. So it back so the way it worked defensively is that. -- -- -- in the -- their provide a wonderful substrate in this case is. Boston -- and -- about in the a range from approximately 5%. For the water to attempt then for the cinder -- and alcohol by volume. And so we -- it. Great base and put it in the bill are on the east. And distilling it is essentially a physical process that take advantage of these differences in boiling point of volatility though. Alcohol start boiling -- about a hundred that. Three degrees. In the water about 212 but it actually you eat up the beer until it start the alcohol start evaporating before the water. And then we collect them by cooling them they can then as product. So Jim how is this. Whiskey going to be different saved in Jack Daniels or other. Types of whiskey that are on the market. And that's a good question in -- a normal whiskey objected to any soldiers Scotch. They are. And made from. A base of the year they actually get you know in Scotch a bit small. Aware that America was in its small and corn. They've made in an opt. Frankly not very good beer and then disability and there was -- the inspiration here was what do we started. With. Great year wouldn't that make a really awesome wish. That that the idea behind is that what do we upgrade. The raw materials -- With something like Sam Adams Boston locker let's see how good the whiskey. And possibly being. Now Chris if you already made your first batch. We have we've com. The process is that we crippled but still the beer yeah. And it -- bill. And then. Cut them down and barreling -- -- brought under point five proof. And then it goes into it. And Kim was here yesterday. -- -- up in Vermont right great program. Odds are wearing. Well -- mass look at Bagram Vermont a Casey unasked and and so that's where the though the bats are in in mass. That's -- it -- work is -- we're on an old farm. What on earth -- story. So how much did you make. We -- Probably by the time we're done with all the beer and -- who will be about a thousand. -- So what are my chances of getting a bottle. I don't know if they're probably pretty get a -- He's up to date generally. All right now let the out so -- you're distilling it now. How long -- whiskey is still before its marketable -- -- you need to put it in the bats in 2012. Do we have to wait till 2022. Before this is available for sale. Now it you know -- Beijing of of they're very complex process. There interaction between the -- in the whiskey and there's a lot of debate in the goes on with that. And at the convert their conversion of chemicals that sometimes the conversion of he. Not so palpable album hide another chemical and see more palatable pastors and other chemical so. The cleaner product you put in the barrel. Furthermore you can get away over the border agent in we actually. But we had a test that we did about a month ago and have it in small arrow that -- best agent with -- -- -- there. And it is the month that authorities in great as a that we barrel yesterday my guesses about two years to do. I'm dying to try thanks very much for joining us -- Never hear about -- Year deal. That's Jim -- the founder of Boston Beer and Chris Wells from Berkshire mountain distillers. Working on a new brand of whiskey and a dying to try now I want it'll be seasonal like the -- this summer and winter logger and it comes out. Three is -- yeah station at three time what are my friends -- made one of the commercials there. They should show you guys equipment he's on the end of the commercial he says the most ridiculous line that average that the colors he has it will take a look at it after. This is the financial exchange.