Irish Distillers has announced the investment of close to €130 million in its sites in Midleton and Dungourney, driven by the spectacular growth of Jameson whiskey sales around the world.
The company plans to build eight new maturation warehouses, each holding 16,800 casks of whiskey each with further land to be purchased to support the next phase of development.
The distillery is also adding equipment to allow them further expand its capacity. They will also complete construction of a new office building in July 2019.
Local TD Sean Sherlock described the multimillion euro investment as a ‘vote of confidence’ in east Cork.
“This is wonderful news and comes on the back of the resounding success of the visitor centre,” he said.
“The spinoff of this for jobs, for tourism and for local businesses in the area is immeasurable.” The investment will see the construction of eight new maturation warehouses, each holding 16,800 casks, in Dungourney while additional equipment will installed in Midleton Distillery to expand capacity.
“This investment reflects the growing international success of Irish Distillers’ whiskey portfolio,” Conor McQuaid, Chairman and CEO said. “With a tradition dating back to 1780, we have been distilling in the Midleton Distillery since 1975 and we are delighted to confirm our commitment to this tradition, and at the same time continue to embrace progress.
“Irish whiskey is the fastest growing premium spirit in the world. This investment will help to allow this growth to continue for years to come.” The company has added an additional mechanical vapour recompression evaporator to its Midleton Distillery in East Cork, allowing it to further expand its capacity. A third mash filter and new fermenters are also to be installed. The distillery will also complete construction of a new office building in July 2019.