Irish Distillers Investing €10 Million In Midleton Distillery
Irish Distillers, Ireland’s leading supplier of spirits and wines, has announced plans for a €10.5 million investment at Midleton Distillery, Cork. The investment will see the company increase its single pot still Irish whiskey production capacity by over 30%.
Three new copper pot stills were delivered by night to the Midleton Distillery, and will be installed and operational by June 2017. The expansion will support the Irish Whiskey Association’s target of global growth of 300% by 2030. 60 jobs will be supported during the construction phase.
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.
“We are seeing growth accelerating across Jameson and the wider Single Pot Still Irish whiskey range, such as Redbreast and Green Spot, and we will continue to direct our 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.
“This investment will also see us increase our support 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.”
In August 2016, the company also announced an €11 million redevelopment project at the Old Jameson Distillery in Smithfield, Dublin to showcase the best of Irish whiskey to the 600,000 whiskey tourists that come to Ireland every year.
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