Originally known as Shenk's and later as Bomberger's, the whiskey company now known as Michter's was founded by John Shenk, a Swiss Mennonite farmer who settled in Schaefferstown, Pennsylvania in 1753. In the beginning Shenk devoted himself to the production of rye whiskey, one of the Cereal varieties preferred by Blue Mountain Valley growers. In the mid-nineteenth century, the Dutch Abraham Bomberger took possession of the distillery's Shenk family, who acquired the name from there. After prohibition, the company passed through several properties, often in precarious financial conditions. In the 1950s the then owner Lou Forman created the current name Michter's from the contraction of the names of his two children - Michael and Peter. In 1989 the prolonged crisis in the whiskeys sector led the company to bankruptcy. In 1990 Matt Magliocco and his historic consultant Dick Newman, operators in the alcohol industry and long-time Michter's whiskey enthusiasts, decided to face the challenge of reopening the distillery, moving production to Kentucky.