Irish Distillers to invest €10.5m in Midleton Distillery
Irish Distillers announced plans to invest €10.5 at Midleton Distillery, Cork with the aim of increasing its single pot still Irish whiskey production capacity by over 30%.
To ensure that Irish Distillers continues to lead the global Irish whiskey renaissance and to support the Irish Whiskey Association’s target of global growth of 300% by 2030, three new copper pot stills will be installed at Midleton Distillery. It is expected that the boost will support 60 jobs during the construction phase.
Irish Distillers History of Investment
A total of €240 million has been invested by Irish Distillers since 2012: €120 million in 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. Last August 2016, they announced an €11 million redevelopment project at the Old Jameson Distillery in Smithfield, Dublin.
Commenting on the latest investment, 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 Distillery, 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 added that growth is accelerating across Jameson and the Single Pot Still Irish whiskey range in general, including bottles such as Redbreast and Green Spot, and he assured that Irish Distillers will continue to direct its 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.”
Paul Wickham, General Manager of Midleton Distillery added: “Single pot still Irish whiskey is the quintessential style of Irish whiskey which Irish Distillers saved from virtual extinction in the mid-1900s. Since then we have been investing to protect this traditional Irish whiskey style and today’s announcement will help us grow brands such as Redbreast and Green Spot Irish whiskey even further over the next 30 years and beyond.”
He pointed out that the support will also represent a boost for the wider Cork economy. “All our barley comes from farms located within 100 miles of Midleton Distillery, supporting families who have produced barley for centuries. Using unmalted barley is a long-standing tradition of Irish whiskey and one which Irish Distillers continues, believing it contributes to the smooth characteristics of our products. At present, we spend €60 million annually on cereals, energy, capital projects and payroll in the local economy and this will increase with the installation of these new stills.”
The three copper pot stills, handmade by master coppersmiths Forsyth’s of Scotland and weighing a combined 24 tonnes, were delivered to Midleton Distillery on the night of January 18th. Each still has a capacity of over 75,000 litres. Installation has now commenced and the stills will be operational by June 2017.
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