BACARDI ANNOUNCES $250 MILLION EXPANSION OF DEWAR’S

Bacardi announced it will spend over $250 million in the next decade to expand its Scotch whisky production in response to the “growing global demand” for Dewar’s Scotch. Chief Andreas Gembler says the $250 million will go towards creating a new infrastructure to support higher inventories and increased blending, bottling and packing capabilities. The plan includes comprehensive redevelopment of an existing site in Parkhead, Glasgow, where Bacardi will construct new maturation warehouses and a new blend center, as well as