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Current Position:Home » News » Beverages & Alcohol » Alcohol » Topic

Diageo to invest $115m in new distillery

Zoom in font  Zoom out font Published: 2014-06-03  Views: 1
Core Tip: British drinks major Diageo has outlined plans to invest around $115m over three years to establish a 1.8 million proof gallon distillery, along with six barrel storage warehouses in Shelby County, Kentucky.
British drinks major Diageo has outlined plans to invest around $115m over three years to establish a 1.8 million proof gallon distillery, along with six barrel storage warehouses in Shelby County, Kentucky.

To be located on an area spanning 300 acres, the proposed distillery will have a capacity to produce around 750,000 nine-liter cases annually.

The finalization of the plans is subject to approval by local government.

The distillery is expected to become operational by the end of 2016. It will produce various existing and future Diageo bourbon and North American Whiskey brands.

Diageo North America president Larry Schwartz said that the proposed investment in Shelby County is expected to bolster the company's commitment to expanding its share of the American whiskey category.

"We are very thankful for the support we have received thus far from state and local officials and look forward to a long and fruitful working relationship," added Schwartz.

During the construction phase, the distillery is expected to create new jobs and it will employ approximately 30 people for whiskey distillation and maturation.

In addition, Diageo plans to recycle and reuse materials generated from the proposed facility, under a partnership with the local community.

 
 
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