Diageo has announced its intention to set out £1billion Scotch whisky investment plan which will include: New malt whisky distillery and major expansion of existing distilleries; Substantial warehousing expansion to store maturing spirit; Hundreds of jobs created in Diageo and wider Scottish economy. Diageo, the world's leading premium drinks business, has unveiled plans to invest over £1billion in Scotch whisky production over the next five years to meet growing global demand for its brands. A major new malt distillery will be built as part of the investment, alongside a programme of major expansion at a number of Diageo's existing distilleries. Detailed plans will also be developed for a second new distillery which will be built if global demand for Scotch is sustained at expected levels. The company also plans to invest in substantial new warehousing capacity to house the millions of additional litres of Scotch whisky which the distillation investment will produce.
