Whiskey production may not be what comes to mind when reading the often referenced "capital goods industry." Nevertheless, whiskey production is very dependent on highly specific capital goods and distilleries generally have a high level of vertical integration (often mandated to do so by government regulations). In some cases they harvest raw materials like peat from the distillery's land (peat production probably warrants its own Austrian analysis), and they don't sell the product until it is nearly in the customer's hand decades later. This can be best illustrated with a brief summary of the whiskey production process.