Irish Distillers planning the first new whisky distillery in decades

  • Irish Distillers planning the first new whisky distillery in decades
    Independent.t. E.
    Irish Distillers is understood as the planning of a new large distillery to cope with rising global demand for Jameson whiskey.
    https://www.independent.ie/business/irish/irish-distillers-planning-first-new-whiskey-plant-in-decades-37258393.html
    https://www.independent.ie/business/article37258391.ece/45509/AUTOCROP/h342/2018-08-28_bus_43615808_I1.JPG

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Irish Distillers is understood as the planning of a new large distillery to cope with rising global demand for Jameson whiskey.

He also believes that employees were informed in the new distillery is in Midleton, cork city which was the epicenter of the distillation of the company since the mid 1970-ies.

Waterford and Youghal tipped as a potential site for a new plant.

In 2011, Irish Distillers owner Pernod Ricard announced a € 100 million investment in Midleton in order to increase the production of whiskey. Whiskey is one of the leading brands of the French group.

This project was completed in 2013 to double production capacity to 64 million litres of pure alcohol per year. In 2017, Irish Distillers announced the allocation of an additional €10m investment in Middleton.

But the plant is now considered to be operating at or near full capacity, with the success of Jameson around the world, contributing to a significant increase in production. Jameson is the fastest growing in the world of Irish whiskey, 6.5 m cases sold last year. It is also the fourth best-selling whiskey in the world, with the crown Royal, Jim beam and Jack Daniels in the third, second and first place respectively. Jack Daniels sold about 12.9 case m in 2017.

Pernod Ricard, which releases full-year results tomorrow, has invested heavily in Jameson to make it a global brand.

The company acquired Irish Distillers in 1988, seeing off competition from Grand met, now known as diageo.

The representative of the Irish Distillers refused to comment: “Irish Distillers not to comment on the market rumors and speculation towards its growth strategy.

“Our strategy is to continue to drive the growth prospects of Irish whiskey through our portfolio of premium brands, complemented by the strength of the dealer network worldwide. In accordance with this approach, the company continuously evaluates all growth opportunities that have the potential to support this strategy,” he said.

Earlier this year, Irish Distillers acquired the cork-based eight degrees brewing, producer of the craft, whose brands include sunburnt Irish Red ale.

This is the first in the history of the brewery in the Pernod Ricard stable.

Irish Distillers said that the deal will see eight degrees brewing provide a long-term supply of beer to support the continued global growth of Jameson Caskmates, and supports eight degrees brewing on innovation and experimentation in the craft beer industry.

Jameson Caskmates special edition Jameson whisky, which is matured using casks that previously held craft beer such as porter or India pale ale. Other brands include Irish Dsitillers cork dry gin and powers.

There’s been a resurgence of whiskey production in the last few years, a number of new distilleries open across the country.

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