Diageo is to invest more than £1bn in Scotch whisky production over the next five years to meet growing global demand.
The Johnnie Walker maker is to build a new malt distillery and expand some of its existing distilleries, and will consider developing a second new distillery if global demand for Scotch is sustained at expected levels.
Diageo also plans to invest in new warehousing to house the millions of additional litres of Scotch produced by the extra investment.
The news comes three months after the Scotch Whisky Association revealed that exports of Scotch hit £4.2bn last year.
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The US market grew 31% year on year to £654.9m, with sales in France up 27% to £535.4m.
via Diageo plans billion-pound investment in Scotch whisky | News | The Grocer.