Irish whiskey is the fastest growing premium spirit globally and Irish Distillers has invested heavily to drive this growth. Since 2012, they have invested €120 million at the Midleton Distillery, €20 million at its Fox and Geese bottling facility in Dublin and is currently investing €100 million at its Dungourney maturation site.
|Irish Distillers to invest €10.5M in its Midleton Distillery to increase production capacity|
Three new copper pot stills will be installed at Midleton Distillery, ensuring that Irish Distillers continues to lead the global Irish whiskey renaissance and supporting the Irish Whiskey Association’s target of global growth of 300% by 2030.
The three copper pot stills, handmade by master coppersmiths Forsyth’s of Scotland and weighing a combined 24 tonnes, were delivered to Midleton Distillery this week. Installation has now commenced and the stills will be operational by June 2017.
Commenting on the news, Jean-Christophe Coutures, Chairman and CEO of Irish Distillers said: “Irish whiskey continues to enjoy phenomenal global growth, led by Jameson with sales of 5.7 million cases in 2016. Irish Distillers has been driving the growth of the category since 1988, a commitment further underpinned by investments of over €230 million since 2012. With this additional investment of over €10 million at Midleton, the home of Irish whiskey, we will ensure that we are positioned to meet growing global demand and support the growth of Irish whiskey in the international spirits category.”
He went on to say: “We are seeing growth accelerating across Jameson and the wider Single Pot Still Irish whiskey range and we will continue to direct our focus for growth here. With our increased production capacity, we are confident that the category will hit the ambitious targets set by the Irish Whiskey Association - increasing exports to 12 million cases by 2020 and 24 million cases by 2030.”
In August 2016, Irish Distillers also announced an €11 million redevelopment project at the Old Jameson Distillery in Smithfield, Dublin, to showcase the best of Irish whiskey to the 600,000 whiskey tourists that visit Ireland every year.
Posted by Steve Rush