The plans include expanding and upgrading its distillery in Midleton, and the construction of eight new maturation warehouses, at its site in Dungourney, Co. Cork.
Over €20 million of the investment will be used to upgrade its Fox and Geese bottling site in Dublin, including extensions to the main operating bottling hall and storage warehouses.
The company has also added an additional mechanical vapour recompression evaporator, made by GEA Wiegand in Germany, to its Midleton Distillery in East Cork. The addition allows the distillery to further expand its capacity.
Commenting on the news, Conor McQuaid, Chairman and CEO of Irish Distillers, said: “This €150 million investment in Midleton, Dungourney and Fox and Geese reflects the growing international success of Irish Distillers’ whiskey portfolio. With a tradition dating back to 1780, we have been distilling in the Midleton Distillery since 1975 and we are delighted to confirm our commitment to this tradition, and at the same time continue to embrace progress, delivering new and innovative expressions of Irish whiskey. We look forward to building upon our success story by continuing to bring innovative Irish whiskeys to the market.”
He went onto say: “Irish whiskey is the fastest growing premium spirit in the world, with sales now accounting for more than one third of all Irish beverage exports. This investment will help to allow this growth to continue for years to come. The company is proud to play its role in the Irish drinks industry, which is a hugely important part of the Irish economy.”
A third mash filter and new fermenters are also to be installed at the Midelton distillery, to meet the increasing demand for its portfolio of whiskeys. The distillery will also complete construction of a new office building in July 2019.
Posted by Steve Rush