Irish Whiskey: €10m investment in Midleton Distillery
Irish Distillers, which supplies spirits and wines and manufactures some of the world's leading Irish whiskeys, has unviled plans for a €10.5m investment at Cork's Midleton Distillery.
19 January 2017 | 0
A newly-annoucned €10.5 million investment at Midleton Distillery, Cork will see the company increase its single pot still Irish whiskey production capacity by over 30%. Three new copper pot stills will be installed at the historic Distillery, further proof (if any were needed!) of the Irish whiskey renaissance taking place around the world. The Irish Whiskey Association has set a target of global growth of 300% by 2030.
Part of the investment will see three brand new copper pot stills put into service at the Midleton Distillery, the construction phrase of which will create 60 jobs. Once the pots are in active use, the distillery’s production capacity will increase by 30%. the company has said.
This fascinating video shows the late-night delivery of the enormous stills at Cork Harbour and their subsequent delivery to Midleton – a project that required massive planning and patience.
Commenting on the latest investment, Jean-Christophe Coutures, chairman and CEO of Irish Distillers, says Irish whiskey continues to enjoy phenomenal global growth, led by Jameson with sales of 5.7m cases in 2016.
“Irish Distillers has been driving the growth of the category since 1988,” he says, “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,” Coutures adds. “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.”