Diageo To Invest In Scotch

Diageo is investing £100M in its Scotch whisky operations in response to growing demand for its Scotch brands in Brazil, Russia, India, China and Mexico. Of the £100M, around £80M will be used to expand capacity in malt and grain distilling while £20M will be spent on improving packaging and warehousing facilities. As part of the investment programme, Diageo will build a new distillery in Scotland, as well as expand the Cameronbridge distillery in Fife. They will also increase bottling capacity at the Shieldhall packaging plant in Glasgow and extend the warehousing capacity in central Scotland. This will be Diageo's largest single investment in Scotland in nearly 20 years. 200 new jobs will be created when the distillery opens in 2009.