June 6 2012

Drinks group Diageo has announced that it intends to build a new whisky distillery in Speyside, and has left open the possibility of a second should the need arise.

The new malt distillery, alongside expansion of existing distilleries and associated warehousing, would be delivered as part of a £500m construction budget over the next five years.

A further £500m will be committed in working capital by the drinks giant over the period.

The expansion comes just two years after completion of Austin-Smith:Lord’s Roseisle distillery and has been driven by surging global demand for Scotch whisky.

Post your comments

Your name (required)
Your email (not displayed)
Comments (required)
	All comments are pre-moderated and must obey our house rules.