Irish Distillers announces multi-million investment in their Cork and Dublin sites
Over €150 million to be invested in modernisation and expansion of Middleton distillery and bottling plant in Dublin
No doubt – the Irish whiskey industry is booming! In order to be prepared for the increasing demand for their products, Irish Distillers has now announced that it will invest more than €150 million over a period of two years in its locations in Cork and Dublin. The trigger is mainly the rapid growth of their brands, which are exported to more than 130 markets, with over 80 of those experiencing double- or even triple-digit growth.
€130 million for Cork
The lion's share of the planned investment – almost EUR 130 million – will be used for the expansion and modernisation of the distillery in Midleton and for the construction of new warehouses in county Cork. Additional equipment is planned for an expansion of whiskey production and eight new maturation warehouses with a capacity of 16,800 casks each at the Dungourney site. The Midleton distillery has also been equipped with a further energy recovery plant – a so-called mechanical vapour recompression evaporator – from the German manufacturer GEA Wiegand, which will enable the distillery to further expand its capacity and thus respond to the increasing demand for its products. In addition, a third mash filter and new fermenters will be installed and a new office building will be constructed by mid-2019.
€20 million for Dublin
The remaining 20 million euros will be invested in the modernisation of the Fox and Geese bottling plant in Dublin. The investment includes detailed extensions to the main operating bottling hall, storage warehouses, laboratory and office spaces, as well as additional upgrades to bottling and packaging equipment. Conor McQuaid, Chairman and CEO said: "This €150 million investment in Midleton, Dungourney and Fox and Geese reflects the growing international success of Irish Distillers' whiskey portfolio. We look forward to building upon our success story and continuing to bring innovative Irish whiskeys to the market."
About Irish Distillers
Irish Distillers is one of Ireland's leading suppliers of spirits and wines and the producer of the world's best-known and most successful Irish whiskeys. Led by the Jameson brand, the world's fastest growing Irish whiskey, which has been growing for 28 consecutive years and sold 7.3 million 9-litre cases in 2017/18. Irish Distillers was formed in 1966 through a merger between John Power & Son, John Jameson & Son and Cork Distilleries Company, and joined Pernod Ricard in 1988. Since 2012, over €400 million have been invested in doubling production and bottling capacity to meet global product demand. The Cork and Dublin sites employ over 600 people.
Images: Irish Distillers