B & T Distributing Company is relocating its regional headquarters and distribution center from Knoxville to Maryville, the company announced Wednesday.

The wine and spirits distributor is purchasing 20.75 acres of land in the Blount County Industrial Park on Mount Tabor Road, according to a press release issued by the Blount Partnership.

The move is expected to bring 80 jobs and a $13 million investment in the construction of a 170,000-square-foot facility and equipment.

B & T Distributing has been located in Knoxville since 1961. It was acquired by Kahn Ventures Inc. earlier this year, and joined with Horizon Wine & Spirits and Delta Wholesale to create a statewide distributor network.

“We were seeking a larger warehouse area for our expanding distribution network and decided this parcel of land in Blount County met our expectations as we look toward the future of our company," B & T Distributing President David H. Henry said in the press release. “We feel this move will allow us to continue to increase our market share and become more efficient in our delivery system.”

The press release noted that the B & T Distributing is not receiving any incentives from the Blount County Economic Development Board, the county or the city of Maryville.

B & T Distributing services over 1,000 wine and spirits stores, grocery stores, bars and restaurants in Middle and East Tennessee, according to the press release.

The company plans to begin construction immediately and hopes to open the new facility in late 2017.